C+

Madison, NY

Source:

Affordability Score: 63/100

Population: 1,534 · 1 ZIP codes

The affordability dashboard for Madison, NY aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,534 residents, then layers in county-level federal data to produce an overall grade of C+ (63/100). The headline inputs are median household income of $74,375, median home value of $144,600, median rent of $942 per month, and 20.2% 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 $1,392 per month (studio $995, 1BR $1,123, 3BR $1,691, 4BR $1,848). Department of Labor data lists infant center-based childcare at $12,844 per year, consuming 17% 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, NY include housing. Pressure points are education. Unemployment currently reads 0.7% and poverty 23.8% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C+
$74,375
Median household income
Education F
20.2%
Bachelor's degree or higher
Housing A+
1.9x
Home value $144,600 vs income
Commute N/A
N/A
Average commute time
Rent B
$1,392/mo
2BR fair market rent (22% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$12,844/yr
Center-based infant care (17% of income)

Income & Employment

Median Income
$74,375
▲ 20% vs national
Per Capita Income
$29,276
Unemployment Rate
0.7%
Poverty Rate
23.8%

Housing

Median Home Value
$144,600
▼ 47% vs national
Median Rent
$942/mo
Owner Occupied
85.8%
2BR Fair Market Rent
$1,392/mo
▲ 16% vs national

Fair Market Rents by Bedroom

Studio
$995
1BR
$1,123
2BR
$1,392
3BR
$1,691
4BR
$1,848

Safety

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

Education & Family

Bachelor's Degree+
20.2%
▼ 10 ppt vs national
High School+
73.4%
Median Age
42.9
Avg. Commute

Childcare Costs

Infant (Center)
$12,844/yr
17% of income
Toddler (Center)
$11,960/yr
Preschool (Center)
$10,400/yr
School-Age (Center)
$10,088/yr

What This Means

Madison, NY receives an overall affordability grade of C+ (63/100), aggregated from 1 ZIP codes with a total population of 1,534. This area performs well in housing. Challenges include education. Data was unavailable for commute, 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, NY affordable?
Madison, NY receives an overall affordability grade of C+ (63/100) based on Census, HUD, FBI, and DOL data. Median household income is $74,375. Median home value is $144,600.
What is the cost of living in Madison?
Key cost metrics: Median rent $942/mo. 2BR fair market rent $1,392/mo. Infant childcare $12,844/yr. Median home value $144,600.
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 →