C-

Madison, NC

Source:

Affordability Score: 52/100

Population: 11,138 · 1 ZIP codes

The affordability dashboard for Madison, NC aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 11,138 residents, then layers in county-level federal data to produce an overall grade of C- (52/100). The headline inputs are median household income of $56,682, median home value of $194,700, median rent of $725 per month, and 15.7% 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 $1,040 per month (studio $717, 1BR $793, 3BR $1,286, 4BR $1,463). Department of Labor data lists infant center-based childcare at $7,115 per year, consuming 13% 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, NC include rent. Pressure points are education. Unemployment currently reads 5.7% and poverty 12.9% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income D
$56,682
Median household income
Education F
15.7%
Bachelor's degree or higher
Housing C-
3.4x
Home value $194,700 vs income
Commute C-
26 min
Average commute time
Rent B
$1,040/mo
2BR fair market rent (22% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C+
$7,115/yr
Center-based infant care (13% of income)

Income & Employment

Median Income
$56,682
▼ 9% vs national
Per Capita Income
$32,838
Unemployment Rate
5.7%
Poverty Rate
12.9%

Housing

Median Home Value
$194,700
▼ 29% vs national
Median Rent
$725/mo
Owner Occupied
78.5%
2BR Fair Market Rent
$1,040/mo
▼ 13% vs national

Fair Market Rents by Bedroom

Studio
$717
1BR
$793
2BR
$1,040
3BR
$1,286
4BR
$1,463

Safety

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

Education & Family

Bachelor's Degree+
15.7%
▼ 14 ppt vs national
High School+
50.5%
Median Age
43.7
Avg. Commute
26 min
▼ 0 min vs national

Childcare Costs

Infant (Center)
$7,115/yr
13% of income
Toddler (Center)
$6,511/yr
Preschool (Center)
$4,812/yr
School-Age (Center)
$2,608/yr

What This Means

Madison, NC receives an overall affordability grade of C- (52/100), aggregated from 1 ZIP codes with a total population of 11,138. This area performs well in rent. Challenges include education. 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, NC affordable?
Madison, NC receives an overall affordability grade of C- (52/100) based on Census, HUD, FBI, and DOL data. Median household income is $56,682. Median home value is $194,700.
What is the cost of living in Madison?
Key cost metrics: Median rent $725/mo. 2BR fair market rent $1,040/mo. Infant childcare $7,115/yr. Median home value $194,700.
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 →