Madison, New Jersey 

3 Reviews | Review This Place | Photos and Maps

Population

16,819

+1.7% since 2000

Unemployment Rate

6.2%

Cost of Living

161.3 / 100

Median Home Price

$834,400

Median Income

$152,346

Comfort Index (Climate)

8.8 / 5.3

summer / winter

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Best Places to Live in Madison, New Jersey

Madison is a quaint suburban community situated in northern New Jersey. Its historic downtown area is full of museums and cultural attractions that attract visitors from around the world. The local school system has made it one of the most popular destinations for families looking to make their home in the state. National center - Southeast corner of New York State, at mouth of Hudson River.
Zip Codes: 07940
Cost of Living: 61.3% higher
Time zone: Eastern Standard Time (EST)
Elevation: 87 ft above sea level

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.


Highlights

ECONOMY
The unemployment rate in Madison is 6.2% (U.S. avg. is 6.0%). Recent job growth is Negative. Madison jobs have decreased by 0.7%. More Economy

COST OF LIVING
Compared to the rest of the country, Madison's cost of living is 61.3% higher than the U.S. average. More Cost of Living or Compare Madison's Cost of Living

WEATHER & CLIMATE
June, September and August are the most pleasant months in Madison, while January and February are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, Morris county flipped Democratic, 51.1% to 46.9%. More Voting Stats

POPULATION
Madison's population is 16,819 people. Since 2020, it has had a population growth of 1.5%. Learn More...

TRANSPORTATION
Average Commute time is 29.3 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Madison is . Home appreciation the last 10 years has been 6.5%.

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. More Education



Best Places to Live in Madison Rankings


Housing Market in Madison

It's a good time to buy in Madison. Home Appreciation is up 6.5% in the last 12 months.
The median home price in Madison is .

Reviews for Madison   3 Reviews
Old, wealthy town with some college vibrance - 10/2/2013
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

Start Your Review of Madison


Cost of living - 7/7/2013
Madison is... Read More

Madison NJ - 10/27/2010
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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MAPS OF MADISON, NEW JERSEY
Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Madison,New Jersey Map
ZIP CODES IN MADISON, NEW JERSEY
07940

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