Madison Park, NJ
Demographics And Statistics
Living In Madison Park, New Jersey Summary
Life in Madison Park research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Madison Park over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Madison Park:
The population in Madison Park is 8,798.
The median home value in Madison Park is $509,784.
The median income in Madison Park is $76,396.
The cost of living in Madison Park is 120 which is 1.2x higher than the national average.
The median rent in Madison Park is $1,558.
The unemployment rate in Madison Park is 7.6%.
The poverty rate in Madison Park is 15.3%.
The average high in Madison Park is 63.8° and the average low is 43.4°.
Table Of Contents
Madison Park SnackAbility
Overall SnackAbility
Madison Park, NJ Cost Of Living
Cost of living in Madison Park summary. We use data on the cost of living to determine how expensive it is to live in Madison Park. Real estate prices drive most of the variance in cost of living around New Jersey. Key points include:
The cost of living in Madison Park is 120 with 100 being average.
The cost of living in Madison Park is 1.2x higher than the national average.
The median home value in Madison Park is $509,784.
The median income in Madison Park is $76,396.
Madison Park's Overall Cost Of Living
Higher Than The National Average
Cost Of Living In Madison Park Comparison Table
| Living Expense | Madison Park | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 120 | 122 | 100 | |
| Services | 111 | 108 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 103 | 99 | 100 | |
| Housing | 156 | 159 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 110 | 107 | 100 | |
Madison Park, NJ Weather
The average high in Madison Park is 63.8° and the average low is 43.4°.
There are 77.0 days of precipitation each year.
Expect an average of 47.8 inches of precipitation each year with 24.7 inches of snow.
| Stat | Madison Park |
|---|---|
| Average Annual High | 63.8 |
| Average Annual Low | 43.4 |
| Annual Precipitation Days | 77.0 |
| Average Annual Precipitation | 47.8 |
| Average Annual Snowfall | 24.7 |
Average High
Days of Rain
Rankings for Madison Park in New Jersey
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Map Of Madison Park, NJ
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Madison Park Demographics And Statistics
Population over time in Madison Park
The current population in Madison Park is 8,798. The population has increased 28.6% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 8,798 | 6.1% |
| 2022 | 8,291 | 3.5% |
| 2021 | 8,014 | -0.8% |
| 2020 | 8,079 | 3.1% |
| 2019 | 7,834 | 12.9% |
| 2018 | 6,941 | -0.8% |
| 2017 | 6,996 | 2.9% |
| 2016 | 6,800 | 1.6% |
| 2015 | 6,690 | 1.1% |
| 2014 | 6,616 | -6.0% |
| 2013 | 7,041 | 3.0% |
| 2012 | 6,837 | -6.6% |
| 2011 | 7,318 | 6.9% |
| 2010 | 6,843 | - |
Race / Ethnicity in Madison Park
Madison Park is:
30.2% White with 2,657 White residents.
25.9% African American with 2,283 African American residents.
0.0% American Indian with 0 American Indian residents.
20.8% Asian with 1,833 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.1% Other with 7 Other residents.
2.1% Two Or More with 189 Two Or More residents.
20.8% Hispanic with 1,829 Hispanic residents.
| Race | Madison Park | NJ | USA |
|---|---|---|---|
| White | 30.2% | 51.9% | 58.2% |
| African American | 25.9% | 12.3% | 12.0% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 20.8% | 9.8% | 5.7% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.1% | 0.8% | 0.5% |
| Two Or More | 2.1% | 3.2% | 3.9% |
| Hispanic | 20.8% | 21.9% | 19.0% |
Gender in Madison Park
Madison Park is 54.2% female with 4,768 female residents.
Madison Park is 45.8% male with 4,030 male residents.
| Gender | Madison Park | NJ | USA |
|---|---|---|---|
| Female | 54.2% | 50.8% | 50.5% |
| Male | 45.8% | 49.2% | 49.5% |
Highest level of educational attainment in Madison Park for adults over 25
4.0% of adults in Madison Park completed < 9th grade.
6.0% of adults in Madison Park completed 9-12th grade.
34.0% of adults in Madison Park completed high school / ged.
19.0% of adults in Madison Park completed some college.
7.0% of adults in Madison Park completed associate's degree.
22.0% of adults in Madison Park completed bachelor's degree.
7.0% of adults in Madison Park completed master's degree.
1.0% of adults in Madison Park completed professional degree.
0.0% of adults in Madison Park completed doctorate degree.
| Education | Madison Park | NJ | USA |
|---|---|---|---|
| < 9th Grade | 4.0% | 3.0% | 5.0% |
| 9-12th Grade | 6.0% | 5.0% | 6.0% |
| High School / GED | 34.0% | 26.0% | 26.0% |
| Some College | 19.0% | 15.0% | 19.0% |
| Associate's Degree | 7.0% | 7.0% | 9.0% |
| Bachelor's Degree | 22.0% | 26.0% | 21.0% |
| Master's Degree | 7.0% | 13.0% | 10.0% |
| Professional Degree | 1.0% | 3.0% | 2.0% |
| Doctorate Degree | 0.0% | 2.0% | 2.0% |
Household Income For Madison Park, New Jersey
0.9% of households in Madison Park earn Less than $10,000.
4.7% of households in Madison Park earn $10,000 to $14,999.
8.2% of households in Madison Park earn $15,000 to $24,999.
6.1% of households in Madison Park earn $25,000 to $34,999.
9.0% of households in Madison Park earn $35,000 to $49,999.
17.8% of households in Madison Park earn $50,000 to $74,999.
21.1% of households in Madison Park earn $75,000 to $99,999.
16.8% of households in Madison Park earn $100,000 to $149,999.
9.2% of households in Madison Park earn $150,000 to $199,999.
6.4% of households in Madison Park earn $200,000 or more.
| Income | Madison Park | NJ | USA |
|---|---|---|---|
| Less than $10,000 | 0.9% | 4.0% | 4.9% |
| $10,000 to $14,999 | 4.7% | 2.9% | 3.6% |
| $15,000 to $24,999 | 8.2% | 5.0% | 6.6% |
| $25,000 to $34,999 | 6.1% | 5.3% | 6.8% |
| $35,000 to $49,999 | 9.0% | 8.0% | 10.4% |
| $50,000 to $74,999 | 17.8% | 12.9% | 15.7% |
| $75,000 to $99,999 | 21.1% | 11.4% | 12.7% |
| $100,000 to $149,999 | 16.8% | 18.0% | 17.4% |
| $150,000 to $199,999 | 9.2% | 11.7% | 9.3% |
| $200,000 or more | 6.4% | 20.7% | 12.6% |
