How much do homeowners pay a month in Madison Center, CT?

Homeowners with a mortgage in Madison Center, CT pay a median of $3,481 (±$902) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,500 or more.

61.4% of owned homes carry a mortgage.

In Madison Center, the median monthly cost with a mortgage went from $2,824 in 2015–2019 to $3,481 in 2020–2024 (+23.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$3,481 (±$902)
Without a mortgage
$1,500 or more
Owned with a mortgage
61.4%

Monthly owner costs in Madison Center

Median selected monthly owner costs, estimate (90% margin of error)
Madison CenterSouth Central Connecticut Planning RegionConnecticutUnited States
With a mortgage$3,481 (±$902)$2,377 (±$25)$2,429 (±$11)$1,963
Without a mortgage$1,500 or more$1,107 (±$19)$1,071 (±$7)$638
Owned homes with a mortgage61.4% (±12.5 points)65.0% (±0.9 points)64.6% (±0.4 points)60.6%
Median real estate taxes (a year)$10,000 or more$6,759 (±$62)$6,643 (±$25)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Madison Center, the median cost with a mortgage is higher than in South Central Connecticut Planning Region ($2,377).

It is also higher than in Connecticut ($2,429).

It is higher than the national figure ($1,963).

In South Central Connecticut Planning Region, Madison Center ranks 1 of 8 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 29 of 131.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Madison Center have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$2,824 (±$793)$3,481 (±$902)+23.3%No measurable change after inflation
Median home value$583,500 (±$67,704)$841,800 (±$104,742)+44.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Madison Center

Nearest places with a published estimate, compared with Madison Center
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Madison Center—$3,481 (±$902)—
Clinton (community)3.8 mi$2,286 (±$195)Lower
Guilford Center3.8 mi$3,103 (±$748)Not measurably different
Clinton3.9 mi$2,402 (±$114)Lower
Killingworth6.6 mi$2,910 (±$386)Not measurably different
Westbrook6.7 mi$2,473 (±$257)Lower
Guilford6.7 mi$2,960 (±$198)Not measurably different
Westbrook Center8.3 mi$2,227 (±$1,034)Not measurably different
Deep River8.9 mi$2,212 (±$363)Lower

Nearby places with a measurably lower figure: Clinton (community), CT ($2,286), Clinton, CT ($2,402), Westbrook, CT ($2,473).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across South Central Connecticut Planning Region, place by place

RankPlaceMedian monthly cost with a mortgage
1Madison Center$3,481 (±$902)
2Guilford Center$3,103 (±$748)
3Orange (community)$2,991 (±$154)
4North Haven (community)$2,461 (±$84)
5Northford$2,432 (±$168)
6Branford Center$2,384 (±$435)
7Wallingford Center$2,228 (±$162)

Showing 7 of 8 places in South Central Connecticut Planning Region, ranked from highest to lowest.

Madison Center is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Madison, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Madison Center

What is the average mortgage payment in Madison Center?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Madison Center, CT is $3,481 (±$902) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Madison Center?

Owners without a mortgage in Madison Center pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Madison Center gone up?

In Madison Center, the median monthly cost with a mortgage went from $2,824 in 2015–2019 to $3,481 in 2020–2024 (+23.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Madison Center CDP, Connecticut (place:44630, in state:09).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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