Madison, CT Overview

Once a popular summer resort, modern Madison is a charming year-round shorefront town about a 25-minute drive east of New Haven.  Architectural styles are a good mixture of modern construction, vintage colonials, and restored Victorians to create a pleasing and eclectic neighborhood atmosphere.  Sailing and boating are among the more popular local pastimes.  However, the expansive natural beauty of Hammonassett State Park is also available for those who appreciate outdoor activities like hiking, biking, bird watching, and camping.

Summary

Population Growth (since 2000)4%
Population Density (ppl / mile)513.00
Household Size (ppl)2.6
Households w/ Children31%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency52%
Median Year in Residency5.46

Housing Inventory

Madison, CT Housing Inventory 1,0041,0356,0896,0891,0046,089

Market Overview

84 listings with an estimated median price of $796,500

PriceCount
$100K - 200K4
$200K - 300K5
$300K - 400K1
$400K - 500K6
$500K - 600K7
$600K - 700K10
$700K - 800K11
$800K - 900K6
$900K - 1M5
$1M - Max29
Property TypeCount
Single Family71
Condo5
Commercial2
Rental53
Lots and Land5
Multi Family1

(Data as of 4/24/2024)

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, CT Population Demographics

Total: 18,554

Households:7,093

Median Age: 50.74

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, CT Temperature

Weather Risk

Madison, CT 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, CT Education Climate Index

Highest Education Level Attained

Madison, CT Highest Education Level Attained 1,5671,0291,6521381123,8734,7571,5671,0291,6521381123,8734,757

Employment and Finance

Workforce

Madison, CT Workforce

Income by dollar range (Median Income: $109,384)

Madison, CT Income by dollar range 1752221232161271462181261383605668667025691,173764329273

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
$877
One Bedroom
$1,000
Two Bedroom
$1,220
Three Bedroom
$1,560
Four Bedroom
$1,823

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
Yes
Bars
Yes

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, CT Crime

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