Madison, TN Overview

Especially appealing to first-home buyers, Madison offer a wide selection of attractive residences.  Conveniently located just north of downtown Nashville, this area is well served by major highways including Interstate 65, U.S. Highway 31, and Route 45.  Residents enjoy access to the metro region’s wealth of educational, cultural, and recreational benefits; yet they remain remarkably self-sustaining.  Nearby hospitals, good local schools, and beautiful parks create an environment that is livable and enjoyable for residents of all ages.  Both Madison Park and nearby Cedar Hills Park provide fields for team sports, picnic areas, hiking trials, and acres of wide open space for exercise and outdoor activities.

Summary

Population Growth (since 2000) 13%
Population Density (ppl / mile) 1,841.00
Household Size (ppl) 2.364
Households w/ Children 25%

Housing Stability

Annual Residential Turnover 0%
5+ Years in Residency 36%
Median Year in Residency 3.6

Housing Inventory

Madison, TN Housing Inventory 8,363 1,815 8,105 8,363 1,815

Market Overview

203 listings with an estimated median price of $389,900

Price Count
$0 - 100K 2
$100K - 200K 18
$200K - 300K 37
$300K - 400K 60
$400K - 500K 36
$500K - 600K 23
$600K - 700K 6
$700K - 800K 5
$800K - 900K 2
$900K - 1M 6
$1M - Max 8
Property Type Count
Single Family 138
Townhouse 21
Commercial 11
Rental 72
Lots and Land 19
Multi Family 13
Mobile Home 1

(Data as of 4/27/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Madison, TN Population Demographics

Total: 39,194

Households:16,467

Median Age: 37.55

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Madison, TN Temperature

Weather Risk

Madison, TN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Madison, TN Education Climate Index

Highest Education Level Attained

Madison, TN Highest Education Level Attained 2,915 9,262 2,220 1,763 2,665 1,627 5,841 2,915 9,262 2,220 1,763 2,665

Employment and Finance

Workforce

Madison, TN Workforce

Income by dollar range (Median Income: $38,074)

Madison, TN Income by dollar range 1,390 1,286 1,059 1,402 1,145 1,250 1,140 1,051 938 1,332 1,572 1,520 693 250 358 48 19 14

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$700
One Bedroom
$780
Two Bedroom
$959
Three Bedroom
$1,274
Four Bedroom
$1,503

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
No
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Madison, TN Crime

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