A-

Madison, MS

Source:

Affordability Score: 83/100

Population: 36,143 · 1 ZIP codes

The affordability dashboard for Madison, MS aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 36,143 residents, then layers in county-level federal data to produce an overall grade of A- (83/100). The headline inputs are median household income of $125,506, median home value of $362,600, median rent of $1,766 per month, and 64.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,288 per month (studio $1,091, 1BR $1,097, 3BR $1,544, 4BR $1,705). Department of Labor data lists infant center-based childcare at $7,541 per year, consuming 6% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Madison, MS include income, education, rent, childcare. Unemployment currently reads 1.3% and poverty 3.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A+
$125,506
Median household income
Education A+
64.2%
Bachelor's degree or higher
Housing B
2.9x
Home value $362,600 vs income
Commute C
24 min
Average commute time
Rent A+
$1,288/mo
2BR fair market rent (12% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare A
$7,541/yr
Center-based infant care (6% of income)

Income & Employment

Median Income
$125,506
▲ 102% vs national
Per Capita Income
$61,122
Unemployment Rate
1.3%
Poverty Rate
3.5%

Housing

Median Home Value
$362,600
▲ 32% vs national
Median Rent
$1,766/mo
Owner Occupied
90.9%
2BR Fair Market Rent
$1,288/mo
▲ 7% vs national

Fair Market Rents by Bedroom

Studio
$1,091
1BR
$1,097
2BR
$1,288
3BR
$1,544
4BR
$1,705

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
64.2%
▲ 34 ppt vs national
High School+
74.8%
Median Age
40.4
Avg. Commute
24 min
▼ 2 min vs national

Childcare Costs

Infant (Center)
$7,541/yr
6% of income
Toddler (Center)
$7,036/yr
Preschool (Center)
$6,412/yr
School-Age (Center)
$5,224/yr

What This Means

Madison, MS receives an overall affordability grade of A- (83/100), aggregated from 1 ZIP codes with a total population of 36,143. This area performs well in income and education and rent and childcare. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Madison, MS affordable?
Madison, MS receives an overall affordability grade of A- (83/100) based on Census, HUD, FBI, and DOL data. Median household income is $125,506. Median home value is $362,600.
What is the cost of living in Madison?
Key cost metrics: Median rent $1,766/mo. 2BR fair market rent $1,288/mo. Infant childcare $7,541/yr. Median home value $362,600.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →