Madison, FL · standard
ZIP Code 32340
Madison County, Florida - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 11,808
- 20/sq mi
- $40,972
- Median income
- $132,900
- Median home value
- 14.0%
- Bachelor's or higher
National ZIP placement
Madison pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 6th pct
- household income, US ZIPs
- 21st pct
- home value, US ZIPs
- 20
- people per sq mi
- 65%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 32340 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 32340 (Madison, FL) rose +5.5% from 2023 to 2024.
ZIP code 32340 is a mid-sized community (a standard USPS delivery area) in Madison, Madison County, Florida, home to 11,808 residents across 605.5 square miles, a density of 20 people per square mile, in the New York time zone.
ZIP 32340 reports a modest median household income of $40,972 (47% below the average Florida ZIP), while per-capita income is $22,747. The poverty rate is 20.9%, so the area-level income figures should not be treated as typical household experience. Home values sit below the statewide ZIP benchmark: the median is $132,900 (65% below the average Florida ZIP), and median rent is $904; owner occupancy is 65.3%.
Formal educational attainment runs low here: just 14.0% of adults hold a bachelor's degree or higher, the median age is 45.3, and the average commute is -. The page also surfaces 1 ZIP codes within roughly 10 miles and 3 more in Madison County, so 32340 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 32340
Top 5 sectors by establishment count in Madison, FL
Which industries have the most business establishments in ZIP 32340.
- Retail trade
Retail trade
48 establishments
- Health care and social assistance
Health care and social assistance
41 establishments
- Accommodation and food services
Accommodation and food services
25 establishments
- Other services (except public administration)
Other services (except public administration)
25 establishments
- Construction 19
Construction
19 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 32340, Madison, FL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
11,808
Population
605.5
Area (sq mi)
20
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 32340?
45.3
Median Age
55.3%
Male
44.7%
Female
2.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$40,972
Median Household Income
-47% vs state ZIP avg
$22,747
Per Capita Income
20.9%
Poverty Rate
5.4%
Unemployment Rate
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
4,584housing units
4,584
Total Housing Units
3,816
Occupied Units
768
Vacant Units
2.27
Avg Household Size
Occupancy Type
$132,900
Median Home Value
-65% vs state ZIP avg
$904
Median Rent
1986
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 247 business establishments in ZIP 32340, employing approximately 2,533 people with a combined annual payroll of $96,730,000.
247
Businesses
2,533
Employees
$96.7M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 48 | 19.4% |
| Health care and social assistance | 41 | 16.6% |
| Accommodation and food services | 25 | 10.1% |
| Other services (except public administration) | 25 | 10.1% |
| Construction | 19 | 7.7% |
| Finance and insurance | 15 | 6.1% |
| Transportation and warehousing | 12 | 4.9% |
| Professional, scientific, and technical services | 11 | 4.5% |
| Wholesale trade | 9 | 3.6% |
| Real estate and rental and leasing | 9 | 3.6% |
| Manufacturing | 8 | 3.2% |
| Information | 6 | 2.4% |
| Administrative and support and waste management and remediation services | 6 | 2.4% |
| Agriculture, forestry, fishing and hunting | 4 | 1.6% |
| Utilities | 4 | 1.6% |
| Educational services | 3 | 1.2% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 32340 vs 32350 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 32350 | Pinetta, FL | 1,417 | 10.9 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 32340, both outside FL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (11,808 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.