Madison (zip 04950), Maine 

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Population

4,715

-2.7% since 2020

Unemployment Rate

6.9%

Median Income

$37,675

Median Home Price

$123,300

Median Age

51.5

Comfort Index (Climate)

9.1 / 3.8

summer / winter

United States / Maine / No Metro Area / Somerset County / No City / Madison (zip 04950)

Best Places to Live in Madison (zip 04950), Maine

August, July and June are the most pleasant months in the 04950 zip code, while January and February are the least comfortable months.

State: Maine
County: Somerset County
Metro Area: No Metro Area
City: No City
Zip Codes: Madison (zip 04950)
Cost of Living: -24.2% lower


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Madison, ME Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Median Home ValueHomes less than 10 yrs old
Most Expensive HomesAll Single Family Homes

Highlights

ECONOMY
The unemployment rate in Madison (zip 04950) is 6.9% (U.S. avg. is 6.0%). Recent job growth is Negative. Madison (zip 04950) jobs have decreased by 0.3%. More Economy

COST OF LIVING
Compared to the rest of the country, Madison (zip 04950)'s cost of living is 24.2% lower than the U.S. average. More Cost of Living or Compare Madison (zip 04950)'s Cost of Living

WEATHER & CLIMATE
August, July and June are the most pleasant months in the 04950 zip code, while January and February are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, Somerset county remained overwhelmingly Republican, 60.4% to 37.0%. More Voting Stats

POPULATION
Madison (zip 04950)'s population is 4,715 people. Since 2020, it has had a population decline of 2.7%. Learn More...

TRANSPORTATION
Average Commute time is 24.4 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Madison (zip 04950) is Real Estate: $123,300. Home appreciation the last 10 years has been 4.8%.

SCHOOLS
Madison (zip 04950) public schools spend $13,638 per student. The average school expenditure in the U.S. is $12,383. There are about 10 students per teacher in Madison (zip 04950). More Education



Best Places to Live in Madison Rankings

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Housing Market in Madison

It's a good time to buy in Madison. Home Appreciation is up 11.9% in the last 12 months.
The median home price in Madison is $123,300.
Real Estate: See Homes

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MAPS OF MADISON (ZIP 04950), MAINE
Madison,Maine County Map
ZIP CODES IN MADISON (ZIP 04950), MAINE
Madison (zip 04950)

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