MADISON, NJ  07940

Total Population: 17,675

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Median Home Value

$883,200

Owner-occupied units

Median Household Income

$168,520

Across all households

Median Age

35.2 yrs

Across all residents

Bachelor's Degree+

70.7%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)72.9%
Hispanic or Latino14.4%
Asian (Non-Hispanic)5.7%
Two or More Races4.4%
Black (Non-Hispanic)2.2%
Other Race0.3%

Under 18 Years

21.4%

65 Years and Over

12.5%

Male

48.8%

Female

51.2%

U.S. Citizens (18+)

93.4%

No Health Insurance

3.7%

Education

3 fields

High School Graduate or Higher (25+)

96.7%

Bachelor's Degree or Higher (25+)

70.7%

Enrolled in College (18+)

22.1%

Economics

6 fields

Median Household Income

$168,520

Mean Household Income

$248,182

Per Capita Income

$80,878

Unemployment Rate (16+)

6.8%

In Labor Force (19–64)

80.3%

SNAP / Food Stamps

Housing & Households

13 fields

Median Home Value

$883,200

Median Rent

$2,248/mo

Total Housing Units

5,733

Owner-Occupied

64.2%

Renter-Occupied

35.8%

Vacancy Rate

Married Couple Households

60.6%

Cohabiting Couple Households

6.9%

Male Householder, No Partner

11.9%

Female Householder, No Partner

20.5%

Average Household Size

2.68

Broadband Internet Access

95.1%

Housing Built Since 2010

10.1%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 07940.