Madison, NJ

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Population

16,080

0.0622% decline

Median Age

39.7


Median Household Income

$127,948

6.09% growth

Poverty Rate

6.18%


Number of Employees

7,772

0.372% decline

Median Property Value

$698,600

2.45% growth

About

In 2017, Madison, NJ had a population of 16.1k people with a median age of 39.7 and a median household income of $127,948. Between 2016 and 2017 the population of Madison, NJ declined from 16,090 to 16,080, a -0.0622% decrease and its median household income grew from $120,608 to $127,948, a 6.09% increase.

The population of Madison, NJ is 77.7% White Alone, 9.64% Hispanic or Latino, and 6.73% Asian Alone. 17.2% of the people in Madison, NJ speak a non-English language, and 93.6% are U.S. citizens.

The largest universities in Madison, NJ are Drew University (449 degrees awarded in 2016).

The median property value in Madison, NJ is $698,600, and the homeownership rate is 71.6%. Most people in Madison, NJ commute by Drove Alone, and the average commute time is 27.1 minutes. The average car ownership in Madison, NJ is 2 cars per household.

Economy

The economy of Madison, NJ employs 7.77k people. The largest industries in Madison, NJ are Educational Services (1,317 people), Professional, Scientific, & Technical Services (1,179 people), and Finance & Insurance (989 people), and the highest paying industries are Utilities ($250,001), Finance & Insurance ($157,481), and Finance & Insurance, & Real Estate & Rental & Leasing ($148,646).

Median household income in Madison, NJ is $127,948. Males in Madison, NJ have an average income that is 1.38 times higher than the average income of females, which is $61,412. The income inequality in Madison, NJ (measured using the Gini index) is 0.493, which is higher than than the national average.

Wages

Median Household Income

$127,948

2017 value

± $7,900

6.09%

1 Year Growth

± 13.1%

Households in Madison, NJ have a median annual income of $127,948, which is more than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $120,608 in 2016, which represents a 6.09% annual growth.

Look at the chart to see how the median household income in Madison, NJ compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

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

$84,632

Average Male Salary

± $1,612

$61,412

Average Female Salary

± $1,170

In 2017, full-time male employees in Madison, NJ made 1.38 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Madison, NJ by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

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

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $79,679 ± $3,060

  2. White

    $67,619 ± $1,158

  3. Native Hawaiian and Other Pacific Islander

    $52,154 ± $45,004

In 2017 the highest paid race/ethnicity of Madison, NJ workers was Asian. These workers were paid 1.18 times more than White workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Madison, NJ by number of full-time employees.

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Wage Distribution

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

0.493

2017 Wage GINI

0.491

2016 Wage GINI

In 2017, the income inequality in New Jersey was 0.493 according to the GINI calculation of the wage distribution. Income inequality had a 0.437% growth from 2016 to 2017, which means that wage distribution grew somewhat less even.

The 2017 the GINI for New Jersey was higher than than the national average of 0.479. 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.

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Income by Location

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Highest Median Household Income (Total)

  1. Census Tract 431

  2. Census Tract 432

  3. Census Tract 430

In 2017, the place with the highest Median Household Income (Total) in Madison, NJ was Census Tract 431 with a value of $151,350, followed by Census Tract 432 and Census Tract 430, with respective values of $128,295 and $112,531.

The following map shows all of the places in Madison, NJ colored by their Median Household Income (Total).

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Poverty by Age and Gender

Females 45 - 54

Largest Demographic Living in Poverty

6.18% of the population for whom poverty status is determined in Madison, NJ (907 out of 14.7k people) live below the poverty line, a number that is lower than the national average of 13.4%. The largest demographic living in poverty are Females 45 - 54, followed by Females 75+ and then Females 25 - 34.

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.

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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    784 ± 181

  2. Hispanic

    181 ± 138

  3. Asian

    67 ± 96

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.

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Occupations

Employment by Occupations

7.77k

2017 Value

± 499

-0.372%

1 Year decline

± 9.1%

From 2016 to 2017, employment in Madison, NJ declined at a rate of -0.372%, from 7.8k employees to 7.77k employees.

The most common job groups, by number of people living in Madison, NJ, are Management Occupations (1,361 people), Sales & Related Occupations (990 people), and Business & Financial Operations Occupations (855 people). This chart illustrates the share breakdown of the primary jobs held by residents of Madison, NJ.

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Most Common

The most common jobs held by residents of Madison, NJ, by number of employees, are Management Occupations (1,361 people), Sales & Related Occupations (990 people), and Business & Financial Operations Occupations (855 people).

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Most Specialized

Compared to other places, Madison, NJ has an unusually high number of residents working as Legal Occupations (2.9 times higher than expected), Business & Financial Operations Occupations (2.24 times), and Arts, Design, Entertainment, Sports, & Media Occupations (1.75 times).

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Highest Paid

The highest paid jobs held by residents of Madison, NJ, by median earnings, are Legal Occupations ($205,993), Architecture & Engineering Occupations ($148,611), and Management Occupations ($145,438).

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Industries

Employment by Industries

7.77k

2017 Value

± 499

-0.372%

1 Year decline

± 9.1%

From 2016 to 2017, employment in Madison, NJ declined at a rate of -0.372%, from 7.8k employees to 7.77k employees.

The most common employment sectors for those who live in Madison, NJ, are Educational Services (1,317 people), Professional, Scientific, & Technical Services (1,179 people), and Finance & Insurance (989 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.

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Most Common

The most common industries in Madison, NJ, by number of employees, are Educational Services (1,317 people), Professional, Scientific, & Technical Services (1,179 people), and Finance & Insurance (989 people).

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Most Specialized

Compared to other places, Madison, NJ has an unusually high number of Management of Companies & Enterprises (4.91 times higher than expected), Finance & Insurance (2.72 times), and Professional, Scientific, & Technical Services (2.17 times) industries.

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Highest Paying

The highest paying industries in Madison, NJ, by median earnings, are Utilities ($250,001), Finance & Insurance ($157,481), and Finance & Insurance, & Real Estate & Rental & Leasing ($148,646).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from New Jersey to other states, or from other states to New Jersey.

Top Domestic Production in Dollars

  1. $48.1B

  2. $36.5B

  3. $35.3B

In 2015, the top outbound New Jersey product (by dollars) was Pharmaceuticals with $48.1B, followed by Electronics with $36.5B and Motorized vehicles and $35.3B.

The following chart shows the share of these products in relation to all outbound New Jersey products.

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Domestic Trade Growth

Showing data for New Jersey state.

$467B

2015 Value

$734B

Projected 2045 Value

57.1% growth

In 2015, total outbound New Jersey trade was $467B. This is expected to increase 57.1% to $734B by 2045.

The following chart shows how the domestic outbound New Jersey trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from New Jersey to other states, or from other states to New Jersey.

Most Common Trade Partners

  1. $70.5B

  2. $48.9B

  3. $16.6B

In 2015, the top outbound New Jersey domestic partner for goods and services (by dollars) was New York with $70.5B, followed by Pennsylvania with $48.9B and California and $16.6B.

The following map shows the amount of trade that New Jersey shares with each state (excluding itself).

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Health

96.3% of the population of Madison, NJ has health coverage, with 71.4% on employee plans, 4.16% on Medicaid, 10.6% on Medicare, 10.1% on non-group plans, and 0.119% on military or VA plans.

Per capita personal health care spending in the place of Madison, NJ was $8,859 in 2014. This is a 4.91% increase from the previous year ($8,444).

Primary care physicians in Madison, NJ see 1184 patients per year on average, which represents a 1.11% increase from the previous year (1171 patients). Compare this to dentists who see 1187 patients per year, and mental health providers who see 534 patients per year.

Comparing across all counties in the state, Salem County has the highest prevalence of diabetes (12.1%). Additionally, Cumberland County has the highest prevalence of adult obesity (34.7%)

Patient to Clinician Ratios

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

1,184 to 1

Patient to Primary Care Physician Ratio

Primary care physicians in New Jersey see an average of 1,184 patients per year. This represents a 1.11% increase from the previous year (1,171 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in New Jersey in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. 8.26% of the population affected

  2. 8.13% of the population affected

  3. 7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. 19.2% of adults

  2. 17.9% of adults

  3. 17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

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

$8,859

Total Per Capita Spending on Personal Health Care 

$5,081

Per Enrollee Private Health Insurance Spending on Personal Health Care

$8,049

Per Enrollee Medicaid Spending on Personal Health Care

$12,614

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in New Jersey (including private, Medicare, and Medicaid) grew 4.91%, from $8,444 to $8,859.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

3.65%

Uninsured

71.4%

Employer Coverage

4.16%

Medicaid

10.6%

Medicare

10.1%

Non-Group

0.119%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Madison, NJ declined by 16.4% from 4.37% to 3.65%.

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.

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Health Risks

Data available at the county level.

Most at risk counties

  1. 12.1% prevalence

  2. 11.7% prevalence

  3. 11.7% prevalence

Salem County has the highest prevalence of diabetes in New Jersey, at 12.1%.

The following map shows the prevalence of diabetes in New Jersey by county over multiple years.

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Diversity

Madison, NJ is home to a population of 16.1k people, from which 93.6% are citizens. As of 2017, 14.1% of Madison, NJ residents were born outside of the country.

The ethnic composition of the population of Madison, NJ is composed of 12.5k White Alone residents (77.7%), 1.55k Hispanic or Latino residents (9.64%), 1.08k Asian Alone residents (6.73%), 507 Black or African American Alone residents (3.15%), 423 Two or More Races residents (2.63%), 21 Some Other Race Alone residents (0.131%), 5 American Indian & Alaska Native Alone residents (0.0311%), and 0 Native Hawaiian & Other Pacific Islander Alone residents (0%).

The most common foreign languages spoken in Madison, NJ are Spanish or Spanish Creole (1,060 speakers), Chinese (233 speakers), and Italian (176 speakers).

Age

Age by Nativity

37

Median Native-Born Age

± 2.7

48

Median Foreign-Born Age

± 2.5

In 2017, the median age of all people in Madison, NJ was 39.7. Native-born citizens, with a median age of 37, were generally younger than than foreign-born citizens, with a median age of 48. But people in Madison, NJ are getting getting older. In 2016, the average age of all Madison, NJ residents was 39.

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Heritage

Foreign-Born Population

14.1%

2017 Foreign-Born Population

14.8%

2016 Foreign-Born Population

As of 2017, 14.1% of Madison, NJ residents were born outside of the United States, which is higher than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Madison, NJ was 14.8%, 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.

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Global Diversity

Most Common Origin

  1. India

    251,165 ± 12,131 people

  2. Dominican Republic

    162,243 ± 9,799 people

  3. Mexico

    124,109 ± 8,589 people

In 2017, the most common birthplace for the foreign-born residents of Madison, NJ was India, the natal country of 251,165 Madison, NJ residents, followed by Dominican Republic with 162,243 and Mexico with 124,109.

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Citizenship

93.6%

2017 Citizenship

93.7%

2016 Citizenship

As of 2017, 93.6% of Madison, NJ residents were US citizens, which is higher than the national average of 93.1%. In 2016, the percentage of US citizens in Madison, NJ was 93.7%, meaning that the rate of citizenship has been decreasing.

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

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Race and Ethnicity

Most Common

  1. White Alone

    12.5k ± 514

  2. Hispanic or Latino

    1.55k ± 433

  3. Asian Alone

    1.08k ± 312

In 2017, there were 8.06 times more White Alone residents (12.5k people) in Madison, NJ than any other race or ethnicity. There were 1.55k Hispanic or Latino and 1.08k Asian Alone residents, the second and third most common racial or ethnic groups.

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

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Non-English Speakers

Most Common Languages

  1. Spanish or Spanish Creole

    1,060 speakers (6.94%)

  2. Chinese

    233 speakers (1.53%)

  3. Italian

    176 speakers (1.15%)

17.2% of Madison, NJ citizens are speakers of a non-English language, which is lower than the national average of 21.5%. In 2015, the most common non-English language spoken in Madison, NJ was Spanish or Spanish Creole. 6.94% of the overall population of Madison, NJ are native Spanish or Spanish Creole speakers. 1.53% speak Chinese and 1.15% speak Spanish or Spanish Creole, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Vietnam

    182 ± 82

  2. Korea

    97 ± 56

  3. Gulf War (1990s)

    84 ± 53

Madison, NJ has a large population of military personnel who served in Vietnam, 1.88 times greater than any other conflict.

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Education

In 2016, universities in Madison, NJ awarded 449 degrees. The student population of Madison, NJ is skewed towards women, with 900 male students and 1,229 female students.

Most students graduating from Universities in Madison, NJ are White (220 and 53.4%), followed by Unknown (71 and 17.2%), Black or African American (50 and 12.1%), and Hispanic or Latino (45 and 10.9%).

The largest universities in Madison, NJ by number of degrees awarded are Drew University (449 and 100%).

The most popular majors in Madison, NJ are Divinity & Ministry (46 and 10.2%), General Business Administration & Management (36 and 8.02%), and Bioethics & Medical Ethics (36 and 8.02%).

The median tuition costs in Madison, NJ are $46,920 for private four year colleges, and $N/A and $N/A respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Most Common

  1. 25 degrees awarded

  2. 24 degrees awarded

  3. 36 degrees awarded

In 2015, the most common concentation for Bachelors Degree recipients in Madison, NJ was General Psychology with 25 degrees awarded.

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

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Universities

Largest Universities by degrees awarded

449 degrees awarded

$N/A

Median In-State Public

$46,920

Median Private

In 2016, the Madison, NJ institution with the largest number of graduating students was Drew University with 449 degrees awarded.

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Student Gender for Common Institutions

180

Degrees Awarded to Men

269

Degrees Awarded to Women

In 2016, 180 men were awarded degrees from institutions in Madison, NJ, which is 0.669 times less than the 269 female students who received degrees in the same year.

This chart displays the gender disparity between the institutions in Madison, NJ by degrees awarded.

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Student Race and Ethnicity

Most Common Student Race or Ethnicity

  1. White

    220 degrees awarded

  2. Unknown

    71 degrees awarded

  3. Black or African American

    50 degrees awarded

In 2016 the majority of degrees awarded at institutions in Madison, NJ were to White students. These 220 degrees mean that there were 3.1 times more White students then the next closest race/ethnicity group, Unknown, with 71 degrees awarded.

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Housing & Living

The median property value in Madison, NJ was $698,600 in 2017, which is 3.21 times larger than the national average of $217,600. Between 2016 and 2017 the median property value increased from $681,900 to $698,600, a 2.45% increase. The homeownership rate in Madison, NJ is 71.6%, which is higher than the national average of 63.9%. People in Madison, NJ have an average commute time of 27.1 minutes, and they commute by Drove Alone. Car ownership in Madison, NJ is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

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

$127,948

Median Household Income

± $7,900

5.36k

Number of Households

± 370

In 2017, the median household income of the 5.36k households in Madison, NJ grew to $127,948 from the previous year's value of $120,608.

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.

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Housing

Property Value

$698,600

2017 Median

± $21,477

$681,900

2016 Median

± $19,607

In 2017, the median property value in Madison, NJ grew to to $698,600 from the previous year's value of $681,900.

The following charts display, first, the property values in Madison, NJ compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Madison, NJ the largest share of households have a property value in the $500k - $750k range.

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Property Taxes

$3k+

Average Range

This chart shows the households in Madison, NJ 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.

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Rent vs Own

71.6%

2017 Homeownership

70.8%

2016 Homeownership

In 2017, 71.6% of the housing units in Madison, NJ were occupied by their owner. This percentage grew from the previous year's rate of 70.8%.

This percentage of owner-occupation is higher than the national average of 63.9%. This chart shows the ownership percentage in Madison, NJ compared it's parent and neighboring geographies.

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Transportation

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, followed by 3 cars.

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Commute Time

27.1 minutes

Average Travel Time

Using averages, employees in Madison, NJ have a longer commute time (27.1 minutes) than the normal US worker (25.1 minutes). Additionally, 8.43% 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.

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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    66.2%

  2. Public Transit

    11.2%

  3. Worked At Home

    7.65%

In 2017, the most common method of travel for workers in Madison, NJ was Drove Alone, followed by those who Public Transit and those who Worked At Home.

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