Madison
Madison city, Illinois
Madison, Illinois, offers a slice of Americana with a uniquely affordable appeal, a characteristic that immediately sets it apart from the national landscape. Imagine a place where the median home value hovers around a remarkable $51,700, a stark contrast to the national average. This deep affordability allows for a lifestyle that prioritizes comfort and community over the constant financial strain found in many other locales. While the median household income of $41,429 reflects the area's economic realities, the lower cost of living enables residents to stretch their dollars further. The town's small population of 2,677 fosters a close-knit atmosphere where neighbors know each other and the pace of life slows down, making it an attractive proposition for those seeking a tranquil retreat without sacrificing essential amenities.
From an investment perspective, Madison presents a compelling case for those seeking entry-level real estate opportunities or looking to escape the high-priced markets. The town's affordability makes it an ideal spot for first-time homebuyers or real estate investors looking for solid returns. While unemployment figures require further investigation, the low cost of living and housing prices suggest a favorable environment for those seeking a more relaxed lifestyle. Madison's charm lies in its simplicity and affordability, making it particularly well-suited for retirees, young families, and anyone seeking a respite from the hustle and bustle of city life, all while enjoying the financial freedom that comes with a lower cost of living.
Madison, Illinois at a Glance
Madison is a city in Madison city, Illinois with a population of approximately 2,677. The median home value is $51,700 and the median household income is $41,429.. The violent crime rate is 4.3 per 1,000 residents, compared to the national average of 3.7.. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$51,700
Median Income
$41,429
Population
2,677
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
Are you a real estate agent in Madison?
Thousands of homebuyers research this neighborhood every month. Make sure they find you.
Get discovered
Your profile shown to every visitor
Generate leads
Direct calls, emails & website clicks
Build authority
Branded reports & local expert badge
Available on Pro & Enterprise plans
- Population
- 2,677
- Median Age
- N/A
- Median Household Income
- $41,429
44% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $51,700
82% below nat'l avg
- Median Rent
- N/A
- Homeownership Rate
- N/A
- Affordability Index
- N/A
- Violent Crime Rate
- 4.3 per 1K
16% above nat'l avg
- Property Crime Rate
- 18.4 per 1K
5% above nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- N/A
- Poverty Rate
- N/A
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Madison
St. Louis Blues Games
Catch a professional hockey game at the Enterprise Center.
St. Louis Cardinals Games
Attend a Major League Baseball game at Busch Stadium.
St. Louis City SC Games
Watch a Major League Soccer match at CityPark.
Mardi Gras
Celebrate the annual Mardi Gras festival in nearby Soulard.
Similar Cities in Illinois
Decatur
Decatur city, IL
Rockford
Rockford city, IL
Rock Island
Rock Island city, IL
Belleville
Belleville city, IL
Moline
Moline city, IL