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Madison, New Jersey   Add Favorite    3 Reviews | Review This Place




Find your Best Mortgage in Madison: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Arts and culture
-Economic center
-Education

Cons

-Cost of living and housing
-Crowded lifestyle
-Weak future job growth


What Bert Has To Say About New York-Newark-Jersey City Metro Area


New York is the largest metro area in the United States. It includes the island of Manhattan, an eight-county area immediately north, western Long Island, and Staten Island. It is the fourth largest in the world behind Tokyo, Mexico City, and Sao Paulo, Brazil. Regardless of how the area is defined, New York is among the richest and most complex places to live in America.


Bert Suggests test-driving a neighborhood in Madison with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Madison


    ECONOMY
    The unemployment rate in Madison is 3.90 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Madison jobs have Increased by 1.30 percent.
    COST OF LIVING
    Compared to the rest of the country, Madison's cost of living is 83.80% Higher than the U.S. average.
    POPULATION
    As of 2014, Madison's population is 16,126 people. Since 2000, it has had a population growth of 1.74 percent.
    TRANSPORTATION
    Average Commute time is 17 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Madison is $629,900. Home appreciation the last 10 years has been 6.86%.
    SCHOOLS
    Madison public schools spend $17,196 per student. The average school expenditure in the U.S. is $12,383. There are about 12.8 students per teacher in Madison.

Madison Ranked & Rated



Madison Housing Market


It's a good time to buy in Madison. Home Appreciation is up 1.3% in the last 12 months. Browse Madison Real Estate.
The median home price in Madison is $629,900. Browse Homes in this Range.
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Reviews for Madison, New Jersey


Unknown
Madison

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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  10/2/2013
Old, wealthy town with some college vibrance

I grew up in Madison, and while I seriously appreciate what growing up in the town had to offer, it was a town that I grew out of pretty fast. Madison is small, with... (Read More)

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  10/27/2010
Madison NJ

The Borough of Madison is located in Morris County. It is 23 miles by car, west of New York City and sits on the Mid-Town Direct rail line. Madison is well know for its... (Read More)

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