USA.com / Mississippi / Madison County / Madison, MS / Housing

Madison, MS Housing

Basic InfoPopulation/RacesIncome/CareersHousingEducationCrime/Crime RateOthers

Hot Rankings

Fastest / Slowest Growing Cities Nearby

Best / Worst Cities by Crime Rate Nearby

Richest / Poorest Cities by Income Nearby

Expensive / Cheapest Homes Nearby

Most / Least Educated Cities Nearby

Fastest / Slowest Growing Cities in MS

High / Low MS Cities by Males Employed

High / Low MS Cities by Females Employed

Best / Worst Cities by Crime Rate in MS

Richest / Poorest Cities by Income in MS

Expensive / Cheapest Homes by City in MS

Most / Least Educated Cities in MS

As of 2010-2014, median price of a house in Madison is $240,800, which is much higher than the state average of $100,800 and is higher than the national average of $175,700. The Madison median house value has grown by 79.84% since 2000. The growth rate for the price of a house in Madison is higher than the state average rate of 41.18% and is higher than the national average rate of 46.91%. The median year that a house in Madison was built is 1995, which is newer than the median year for a house built in the state which is 1982 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 8,202 Owner Occupied Houses in Madison, MS, #3

Madison, MS	240,800 USD
Mississippi	100,800 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #29

Madison, MS	79.84%
Mississippi	41.18%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Madison, MS	Mississippi	U.S.
Total Housing Units	9,329, see rank, 100%	1,284,794	132,741,033
Occupied Housing Units	8,870, 95.08%, see rank	85.04%	87.55%
Owner Occupied	8,202, 87.92%, see rank	58.59%	56.34%
Renter Occupied	668, 7.16%, see rank	26.45%	31.21%
Vacant Housing Units	459, 4.92%, see rank	14.96%	12.45%
For Rent	21, 0.23%, see rank	3.20%	2.34%
For Sale Only	174, 1.87%, see rank	1.19%	1.20%
Rented or Sold, Not Occupied	11, 0.12%, see rank	0.92%	0.92%
For Seasonal, Recreational, or Occasional Use	110, 1.18%, see rank	3.09%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	143, 1.53%, see rank	6.50%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #17

Madison, MS	Mississippi	U.S.
1995	1982	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Madison, MS	%	Mississippi	U.S.
Owner-Occupied Units	8,202	100%	752,825	74,787,460
With a Mortgage	6,029	73.51%, see rank	53.37%	65.58%
Without a Mortgage	2,173	26.49%, see rank	46.63%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Madison, MS	1,756 USD
Mississippi	1,090 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Madison, MS	%	Mississippi	U.S.
$299 or Less	0	0.00%, see rank	0.32%	0.20%
$300 to $499	48	0.80%, see rank	3.84%	1.59%
$500 to $699	72	1.19%, see rank	11.99%	5.01%
$700 to $999	267	4.43%, see rank	26.92%	14.32%
$1,000 to $1,499	1,805	29.94%, see rank	32.71%	27.90%
$1,500 to $1,999	1,506	24.98%, see rank	14.24%	20.35%
$2,000 to $2,999	1,672	27.73%, see rank	7.78%	19.52%
$3,000 or More	659	10.93%, see rank	2.22%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Madison, MS	19.00% of the Total Income
Mississippi	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Madison, MS	%	Mississippi	U.S.
10% or Less	629	10.43%, see rank	6.94%	5.86%
10% to 20%	2,669	44.27%, see rank	35.03%	31.95%
20% to 30%	1,470	24.38%, see rank	25.20%	27.64%
30% to 40%	593	9.84%, see rank	12.61%	13.74%
40% or More	668	11.08%, see rank	19.44%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Madison, MS	447 USD
Mississippi	342 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Madison, MS	%	Mississippi	U.S.
$199 or Less	73	3.36%, see rank	14.03%	7.76%
$200 to $299	299	13.76%, see rank	25.44%	14.70%
$300 to $499	1,005	46.25%, see rank	39.59%	34.63%
$500 to $699	445	20.48%, see rank	14.55%	21.16%
$700 or More	351	16.15%, see rank	6.39%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Madison, MS	10.00% of the Total Income
Mississippi	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Madison, MS	%	Mississippi	U.S.
10% or Less	1,188	54.67%, see rank	41.93%	40.19%
10% to 20%	649	29.87%, see rank	30.64%	31.47%
20% to 30%	110	5.06%, see rank	11.80%	12.24%
30% to 40%	53	2.44%, see rank	5.63%	5.64%
40% or More	139	6.40%, see rank	8.24%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Madison, MS	Mississippi	U.S.
Total Housing Units	9,329, 100%	1,284,794	132,741,033
1-unit, Detached	8,932, 95.74%, see rank	69.39%	61.65%
1-unit, Attached	195, 2.09%, see rank	1.19%	5.82%
2 Units	0, 0.00%, see rank	2.31%	3.75%
3 or 4 Units	19, 0.20%, see rank	3.00%	4.43%
5 to 9 Units	0, 0.00%, see rank	4.56%	4.78%
10 or More Units	138, 1.48%, see rank	4.24%	13.08%
Mobile Home, Boat, RV, Van, etc.	45, 0.48%, see rank	15.31%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Madison, MS	Mississippi	U.S.
Total Housing Units	9,329, 100%	1,284,794	132,741,033
1 Room	73, 0.78%, see rank	1.21%	1.95%
2 Rooms	55, 0.59%, see rank	1.58%	2.48%
3 Rooms	139, 1.49%, see rank	6.13%	9.13%
4 Rooms	193, 2.07%, see rank	16.22%	16.60%
5 Rooms	954, 10.23%, see rank	26.42%	20.41%
6 Rooms	1,556, 16.68%, see rank	20.78%	18.06%
7 Rooms	2,144, 22.98%, see rank	12.73%	12.27%
8 Rooms	1,970, 21.12%, see rank	7.32%	8.48%
9 Rooms or More	2,245, 24.06%, see rank	7.61%	10.60%
Median Rooms	7.30, see rank	5.40	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Madison, MS	Mississippi	U.S.
Total Housing Units	9,329, 100%	1,284,794	132,741,033
No Bedroom	73, 0.78%, see rank	1.31%	2.17%
1 Bedroom	113, 1.21%, see rank	5.88%	11.16%
2 Bedrooms	276, 2.96%, see rank	22.42%	26.69%
3 Bedrooms	4,058, 43.50%, see rank	53.47%	39.70%
4 Bedrooms	3,960, 42.45%, see rank	14.46%	16.05%
5 or More Bedrooms	849, 9.10%, see rank	2.46%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Madison, MS	Mississippi	U.S.
Total Housing Units	8,870, 100%	1,092,627	116,211,092
Utility Gas	5,955, 67.14%, see rank	30.86%	48.85%
Bottled, Tank, or LP Gas	62, 0.70%, see rank	12.73%	4.86%
Electricity	2,842, 32.04%, see rank	54.38%	36.68%
Fuel Oil, Kerosene, etc.	11, 0.12%, see rank	0.13%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	0, 0.00%, see rank	1.52%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	0, 0.00%, see rank	0.13%	0.47%
No Fuel Used	0, 0.00%, see rank	0.24%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Madison, MS	Mississippi	U.S.
Occupied Units Paying Rent	584, 100%	295,003	39,201,928
$199 or Less	14, 2.40%, see rank	2.92%	1.50%
$200 to $299	0, 0.00%, see rank	5.50%	3.18%
$300 to $499	11, 1.88%, see rank	14.14%	7.37%
$500 to $699	39, 6.68%, see rank	25.54%	16.01%
$700 to $999	55, 9.42%, see rank	33.80%	29.17%
$1,000 to $1,499	258, 44.18%, see rank	15.24%	26.88%
$1,500 to $1,999	72, 12.33%, see rank	2.09%	9.79%
$2,000 or More	135, 23.12%, see rank	0.76%	6.10%
Median	$1,296, see rank	$714	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Madison, MS	Mississippi	U.S.
Occupied Housing Units	8,870, 100%	1,092,627	116,211,092
No Vehicles Available	143, 1.61%, see rank	6.90%	9.12%
1 Vehicles Available	1,714, 19.32%, see rank	33.90%	33.80%
2 Vehicles Available	4,563, 51.44%, see rank	37.27%	37.48%
3 or More Vehicles Available	2,450, 27.62%, see rank	21.93%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.