Madison, TN Overview

Especially appealing to first-home buyers, Madison offer a wide selection of attractive residences.  Conveniently located just north of downtown Nashville, this area is well served by major highways including Interstate 65, U.S. Highway 31, and Route 45.  Residents enjoy access to the metro region’s wealth of educational, cultural, and recreational benefits; yet they remain remarkably self-sustaining.  Nearby hospitals, good local schools, and beautiful parks create an environment that is livable and enjoyable for residents of all ages.  Both Madison Park and nearby Cedar Hills Park provide fields for team sports, picnic areas, hiking trials, and acres of wide open space for exercise and outdoor activities.

Summary

Population Growth (since 2000) 16%
Population Density (ppl / mile) 1,886.00
Household Size (ppl) 2.363
Households w/ Children 26%

Housing Stability

Annual Residential Turnover 18%
5+ Years in Residency 36%
Median Year in Residency 3.6

Housing Inventory

Madison, TN Housing Inventory 8,675 1,740 8,252 8,675 1,740

Market Overview

101 listings with an estimated median price of $269,900

Price Count
$0 - 100K 4
$100K - 200K 22
$200K - 300K 43
$300K - 400K 13
$400K - 500K 3
$500K - 600K 2
$600K - 700K 3
$700K - 800K 2
$800K - 900K 1
$900K - 1M 3
$1M - Max 5
Property Type Count
Single Family 66
Townhouse 7
Condo 2
Commercial 7
Rental 23
Lots and Land 13
Multi Family 5
Farms 1

(Data as of 10/16/2019)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Madison, TN Population Demographics

Total: 40,143

Households:16,928

Median Age: 36.63

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Madison, TN Temperature

Weather Risk

Madison, TN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Madison, TN Education Climate Index

Highest Education Level Attained

Madison, TN Highest Education Level Attained 3,389 9,811 1,603 1,530 2,816 1,764 6,087 3,389 9,811 1,603 1,530 2,816

Employment and Finance

Workforce

Madison, TN Workforce

Income by dollar range (Median Income: $37,100)

Madison, TN Income by dollar range 1,756 1,480 1,358 1,308 914 1,180 1,113 868 1,083 1,580 1,557 1,572 532 200 373 20 29 4

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$661
One Bedroom
$756
Two Bedroom
$925
Three Bedroom
$1,228
Four Bedroom
$1,433

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
No
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Madison, TN Crime

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