Madison, NJ

Census Place

Add Comparison

2024 Population

16,447

US Senator

Cory Booker

Democratic Party

US Senator

Andy Kim

Democratic Party

2024 Median Age

38.2

2.05% 1-year decrease

2024 Poverty Rate

3.23%

14.4% 1-year increase

2024 Median Household Income

$171,471

1.78% 1-year growth

2024 Median Property Value

$943,200

6.83% 1-year growth

2024 Employed Population

8,284

1.52% 1-year decline

About

None of the households in Madison, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

94.2% of the residents in Madison, NJ are U.S. citizens.

The largest universities in Madison, NJ are Drew University (530 degrees awarded in 2024).

In 2024, the median property value in Madison, NJ was $943,200, and the homeownership rate was 63.8%.

Most people in Madison, NJ drove alone to work, and the average commute time was 27.6 minutes. The average car ownership in Madison, NJ was 2 cars per household.

United States New Jersey Morris County, NJ New York-Newark-Jersey City, NY-NJ-PA Morris County (South)--Morristown, Madison & Florham Park PUMA, NJ

Population & Diversity

Madison, NJ is home to a population of 16.4k people, from which 94.2% are citizens. As of 2024, 14.8% of Madison, NJ residents were born outside of the country (2.44k people).

In 2024, there were 8.87 times more White (Non-Hispanic) residents (12.1k people) in Madison, NJ than any other race or ethnicity. There were 1.36k Two Races Including Other (Hispanic) and 1.04k Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

94.2%

2024 Citizenship

93.5%

2023 Citizenship

As of 2024, 94.2% of Madison, NJ residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Madison, NJ was 93.5%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Madison, NJ compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Madison, NJ

White (Non-Hispanic)
12.1k ± 622
Two Races Including Other (Hispanic)
1.36k ± 485
Asian (Non-Hispanic)
1.04k ± 283

13.3%

Hispanic Population

2.19k people

13.3% of the people in Madison, NJ are hispanic (2.19k people).

The following chart shows the 8 races represented in Madison, NJ as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.

Most Common Origin

India
279,408 ± 12,782 people
Dominican Republic
210,288 ± 11,131 people
Mexico
108,737 ± 8,049 people

In 2024, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 279,408 New Jersey residents, followed by Dominican Republic with 210,288 and Mexico with 108,737.

Foreign-Born Population

14.8%

2024 Foreign-Born Population

2.44k people

15.3%

2023 Foreign-Born Population

2.52k people

As of 2024, 14.8% of Madison, NJ residents (2.44k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Madison, NJ was 15.3%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Madison, NJ compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
115 ± 90
Vietnam
104 ± 67
Korea
48 ± 51

Madison, NJ has a large population of military personnel who served in Gulf War (2001-), 1.11 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Madison, NJ.

Health

96.6% of the population of Madison, NJ has health coverage, with 73.3% on employee plans, 3.44% on Medicaid, 11.2% on Medicare, 8.42% on non-group plans, and 0.233% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 47.8% were men and 52.2% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 26.2% under 18 years, 20.7% between 18 and 34 years, 40.4% between 35 and 64 years, and 12.6% over 64 years.

By gender, of the total number of insured persons, 47.8% were men and 52.2% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

3.42%

Uninsured

73.3%

Employer Coverage

3.44%

Medicaid

11.2%

Medicare

8.42%

Non-Group

0.233%

Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Madison, NJ declined by 11.4% from 3.86% to 3.42%.

The following chart shows how the percent of uninsured individuals in Madison, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

Economy

The economy of Madison, NJ employs 8.28k people. In 2024, the largest industries in Madison, NJ were Finance & Insurance (1,336 people), Professional, Scientific, & Technical Services (1,209 people), and Educational Services (1,110 people), and the highest paying industries were Finance & Insurance ($208,804), Finance & Insurance, & Real Estate & Rental & Leasing ($205,189), and Information ($190,357).

Employment

Occupations

8.28k

2024 Value

± 613

−1.52%

1 Year decline

± 10.6%

From 2023 to 2024, employment in Madison, NJ declined at a rate of −1.52%, from 8.41k employees to 8.28k employees.

The most common job groups, by number of people living in Madison, NJ, are Management Occupations (1,624 people), Business & Financial Operations Occupations (1,066 people), and Sales & Related Occupations (947 people). This chart illustrates the share breakdown of the primary jobs held by residents of Madison, NJ.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

8.28k

2024 Value

± 613

−1.52%

1 Year decline

± 10.6%

From 2023 to 2024, employment in Madison, NJ declined at a rate of −1.52%, from 8.41k employees to 8.28k employees.

The most common employment sectors for those who live in Madison, NJ, are Finance & Insurance (1,336 people), Professional, Scientific, & Technical Services (1,209 people), and Educational Services (1,110 people). This chart shows the share breakdown of the primary industries for residents of Madison, NJ, though some of these residents may live in Madison, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$118,723

Median earning men ± $13,884

$56,289

Median earning women ± $6,744

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), Information ($250,001), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($203,384).

The industries with the best median earnings for women in 2024 are Manufacturing ($153,917), Finance & Insurance, & Real Estate & Rental & Leasing ($152,200), and Information ($133,203).

Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.

Y-Axis

2.27%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

Civics

In the 2024 presidential election, the popular vote in New Jersey went to Kamala Harris with 52% of the vote. The runner-up was Donald J. Trump (46.1%), followed by Jill Stein (0.914%).

Cory Booker and Andy Kim are the senators currently representing the state of New Jersey. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

New Jersey is currently represented by 11 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Madison, NJ. Showing the available data for New Jersey.

2024 Election Results

Kamala Harris (52%)
Democratic Party
Donald J. Trump (46.1%)
Republican Party
Jill Stein (0.914%)
Green Party

In the 2024 presidential election, the popular vote in New Jersey went to Kamala Harris with 52% of the vote. The runner-up was Donald J. Trump (46.1%), followed by Jill Stein (0.914%).

The following chart shows the popular vote results in New Jersey for each registered party from 1976 to 2024.

Senator Elections

US Senators from New Jersey

Senatorial voting results are only available at the state level. Showing data for New Jersey.

Cory Booker

Senator from New Jersey

Assumed office on October 31, 2013
Elected to the seat to succeed Jeffrey Chiesa, who had been appointed to the seat following the death of Frank Lautenberg.{{Cite news |url=https://www.politico.com/story/2013/10/cory-booker-new-jersey-senate-election-098436 |title=Booker Wins New Jersey Senate Seat |work=Politico |access-date=May 21, 2020 }}

Andy Kim

Senator from New Jersey

Assumed office on December 8, 2024
Elected to the seat to succeed George Helmy, who had been appointed to the seat following the resignation of Bob Menendez.

Cory Booker and Andy Kim are the senators currently representing New Jersey.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in New Jersey over time, excluding special elections, colored by their political party.

Education

In 2024, universities in Madison, NJ awarded 530 degrees. The student population of Madison, NJ in 2024 is skewed towards women, with 1,038 male students and 1,194 female students.

Most students graduating from Universities in Madison, NJ are White (273 and 62.6%), Hispanic or Latino (53 and 12.2%), Black or African American (48 and 11%), and Unknown (28 and 6.42%).

The largest universities in Madison, NJ by number of degrees awarded are Drew University (530 and 100%).

The most popular majors in Madison, NJ are General Business Administration & Management (55 and 10.4%), General Psychology (37 and 6.98%), and Econometrics & Quantitative Economics (31 and 5.85%).

The median tuition cost for private four year colleges is $45,950.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2024 in Madison, NJ, the percentage of applicants admitted was 67.8%, while the percentage of admitted who enrolled was 10.7%. The number of students enrolled in 2024 was 2,232 (46.5% men and 53.5% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2024 there were 2,232 students enrolled in Madison, NJ, 46.5% men and 53.5% women.

By race, the largest number of students enrolled was concentrated in White with 1,094 records, of which 58.9% were women and 41.1% men.

Completions

Concentrations

Most Common

General Business Administration & Management
55 degrees awarded
General Psychology
37 degrees awarded
Other Communication & Media Studies
26 degrees awarded

In 2024, the most common concentation for Bachelors Degree recipients in Madison, NJ was General Business Administration & Management with 55 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Madison, NJ according to their major.

Universities

Gender

Race

Drew University

Largest Universities by degrees awarded

530 degrees awarded

In 2024, the institution with the largest number of graduating students was Drew University with 530 degrees awarded.

Student Diversity

University

In 2024, 234 men were awarded degrees from institutions in Madison, NJ, which is 0.791 times less than the 296 female students who received degrees in the same year.

In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 273 degrees mean that there were 5.15 times more degrees awarded to White students then the next closest race/ethnicity group, Hispanic or Latino, with 53 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($45,950) is the sector with the highest median state tuition in 2024.

Private not-for-profit, 4-year or above ($1,150) is the sector with the highest median state fee in 2024.

Private not-for-profit, 4-year or above ($2,035) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Housing & Living

The median property value in Madison, NJ was $943,200 in 2024, which is 2.83 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $882,900 to $943,200, a 6.83% increase. The homeownership rate in Madison, NJ is 63.8%, which is lower than the national average of 65.2%.

People in Madison, NJ have an average commute time of 27.6 minutes, and they drove alone to work. Car ownership in Madison, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$943,200

Median Property Value 2024

±$43,310

$3,582

Median Property Taxes

±$321

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Madison, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Madison, NJ compared to it's parent and neighbor geographies.

Rent vs Own

63.8%

Homeownership

2024

61.4%

Homeowners with Mortgage

2024

In 2024, 63.8% of the housing units in Madison, NJ were occupied by their owner. This percentage declined from the previous year's rate of 64.2%.

This chart shows the percentage of owner in Madison, NJ compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$171,471

Median Household Income

± $19,397

5.61k

Number of Households

± 430

In 2024, the median household income of the 5.61k households in Madison, NJ grew to $171,471 from the previous year's value of $168,469.

The following chart displays the households in Madison, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Madison, NJ is from New Jersey.

0.482

2024 Wage GINI in New Jersey

0.486

2023 Wage GINI in New Jersey

In 2024, the income inequality in New Jersey was 0.482 according to the GINI calculation of the wage distribution. Income inequality had a 0.733% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.474. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (51.2%)
Worked At Home (27.7%)
Public Transit (8.01%)

In 2024, 51.2% of workers in Madison, NJ drove alone to work, followed by those who worked at home (27.7%) and those who used public transit to get to work (8.01%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

27.6 minutes

Average Travel Time

Using averages, employees in Madison, NJ have a longer commute time (27.6 minutes) than the normal US worker (26.4 minutes). Additionally, 5.49% of the workforce in Madison, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Madison, NJ compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Madison, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Madison, NJ have 2 cars.

Poverty

Poverty & Diversity

3.23% of the population for whom poverty status is determined in Madison, NJ (480 out of 14.9k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 55 - 64, followed by Females 75+ and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Madison, NJ is White, followed by Hispanic and Asian.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.