Madison Park SnackAbility
Overall SnackAbility
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 126 with 100 being average.
The cost of living in Madison Park is 1.3x higher than the national average.
The median home value in Madison Park is $534,449.
The median income in Madison Park is $79,509.
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 | 126 | 125 | 100 |
| Services | 109 | 107 | 100 |
| Groceries | 107 | 113 | 100 |
| Health | 158 | 155 | 100 |
| Housing | 114 | 116 | 100 |
| Transportation | 108 | 112 | 100 |
| Utilities | 112 | 113 | 100 |
Source: Cost of living index, normalized to US average = 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
Source: NOAA climate normals (30-year)
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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 9,124. The population has increased 33.3% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 9,124 | 3.7% |
| 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
See the full breakdown
Madison Park is:
29.6% White with 2,703 White residents.
30.5% African American with 2,787 African American residents.
0.0% American Indian with 0 American Indian residents.
19.3% Asian with 1,764 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.1% Other with 6 Other residents.
2.0% Two Or More with 182 Two Or More residents.
18.4% Hispanic with 1,682 Hispanic residents.
| Race | Madison Park | NJ | USA |
|---|---|---|---|
| White | 29.6% | 50.9% | 57.4% |
| African American | 30.5% | 12.2% | 11.9% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 19.3% | 10.0% | 5.9% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.1% | 0.8% | 0.6% |
| Two Or More | 2.0% | 3.5% | 4.3% |
| Hispanic | 18.4% | 22.5% | 19.3% |
Gender in Madison Park
See the full breakdown
Madison Park is 54.8% female with 4,996 female residents.
Madison Park is 45.2% male with 4,128 male residents.
| Gender | Madison Park | NJ | USA |
|---|---|---|---|
| Female | 54.8% | 50.8% | 50.5% |
| Male | 45.2% | 49.2% | 49.5% |
Highest level of educational attainment in Madison Park for adults over 25
See the full breakdown
3.0% of adults in Madison Park completed < 9th grade.
5.0% of adults in Madison Park completed 9-12th grade.
36.0% of adults in Madison Park completed high school / ged.
20.0% of adults in Madison Park completed some college.
6.0% of adults in Madison Park completed associate's degree.
19.0% of adults in Madison Park completed bachelor's degree.
10.0% 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 | 3.0% | 4.0% | 4.0% |
| 9-12th Grade | 5.0% | 5.0% | 6.0% |
| High School / GED | 36.0% | 25.0% | 26.0% |
| Some College | 20.0% | 15.0% | 19.0% |
| Associate's Degree | 6.0% | 7.0% | 9.0% |
| Bachelor's Degree | 19.0% | 26.0% | 22.0% |
| Master's Degree | 10.0% | 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
See the full breakdown
2.0% of households in Madison Park earn Less than $10,000.
3.2% of households in Madison Park earn $10,000 to $14,999.
10.2% of households in Madison Park earn $15,000 to $24,999.
4.7% of households in Madison Park earn $25,000 to $34,999.
9.4% of households in Madison Park earn $35,000 to $49,999.
15.3% of households in Madison Park earn $50,000 to $74,999.
17.5% of households in Madison Park earn $75,000 to $99,999.
22.0% of households in Madison Park earn $100,000 to $149,999.
6.1% of households in Madison Park earn $150,000 to $199,999.
9.6% of households in Madison Park earn $200,000 or more.
| Income | Madison Park | NJ | USA |
|---|---|---|---|
| Less than $10,000 | 2.0% | 4.1% | 5.0% |
| $10,000 to $14,999 | 3.2% | 2.7% | 3.4% |
| $15,000 to $24,999 | 10.2% | 4.8% | 6.3% |
| $25,000 to $34,999 | 4.7% | 5.1% | 6.6% |
| $35,000 to $49,999 | 9.4% | 7.6% | 10.1% |
| $50,000 to $74,999 | 15.3% | 12.8% | 15.5% |
| $75,000 to $99,999 | 17.5% | 11.3% | 12.6% |
| $100,000 to $149,999 | 22.0% | 18.1% | 17.5% |
| $150,000 to $199,999 | 6.1% | 11.8% | 9.6% |
| $200,000 or more | 9.6% | 21.6% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
