What percentage of people rent in Madison, FL?

60.6% (±10.8 points) of the occupied homes in Madison, FL are rented (2020–2024 American Community Survey).

That is 746 renting households against 485 that own their home.

In Madison, the share of households that rent went from 56.5% in 2015–2019 to 60.6% in 2020–2024 (+4.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
60.6% (±10.8 points)
Renting households
746 (±165)
Median renter income
$26,719 (±$6,867)

Who rents and who owns in Madison

Tenure, estimate (90% margin of error)
MadisonMadison CountyFloridaUnited States
Renter-occupied share60.6% (±10.8 points)26.6% (±3.7 points)32.4% (±0.2 points)34.8%
Renting households746 (±165)1,855 (±279)2,834,163 (±17,461)45,017,354
Owning households485 (±158)5,121 (±273)5,918,647 (±31,594)84,210,142
Average renter household size2.3 (±0.5)2.2 (±0.3)2.5 (±0.0)2.3
Average owner household size2.3 (±0.5)2.4 (±0.1)2.5 (±0.0)2.6
Median renter household income$26,719 (±$6,867)$24,051 (±$7,031)$53,617 (±$353)$52,966
Median owner household income$68,512 (±$15,643)$56,548 (±$3,925)$88,144 (±$469)$100,009

In Madison, the renter share is higher than in Madison County (26.6%).

It is also higher than in Florida (32.4%).

It is higher than the national figure (34.8%).

In Madison County, Madison ranks 1 of 3 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 36 of 857.

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

How renting in Madison has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent56.5% (±8.3 points)60.6% (±10.8 points)+4.1 percentage pointsNot a measurable change
Median gross rent$658 (±$117)$887 (±$196)+34.8%No measurable change after inflation
Median household income$27,181 (±$9,180)$30,673 (±$12,939)+12.8%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.

Households that rent in places near Madison

Nearest places with a published estimate, compared with Madison
PlaceDistanceHouseholds that rentCompared with this place
Madison—60.6% (±10.8 points)—
Lee7.7 mi29.5% (±18.3 points)Lower
Greenville13 mi24.4% (±14.0 points)Lower
Lake Park20 mi41.4% (±17.4 points)Not measurably different
Jennings20 mi36.1% (±19.6 points)Lower
Dasher22 mi16.1% (±9.3 points)Lower
Quitman23 mi49.7% (±10.2 points)Not measurably different
Remerton26 mi99.2% (±1.2 points)Higher
Perry27 mi40.5% (±7.5 points)Lower

Nearby places with a measurably lower figure: Lee, FL (29.5%), Greenville, FL (24.4%), Jennings, FL (36.1%).

Nearby places with a measurably higher figure: Remerton, GA (99.2%).

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

Households that rent across Madison County, place by place

RankPlaceHouseholds that rent
1Madison60.6% (±10.8 points)
2Lee29.5% (±18.3 points)
3Greenville24.4% (±14.0 points)

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in Madison

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Questions about Madison

How many renters are there in Madison?

Madison has an estimated 746 (±165) renting households, 60.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Madison?

In Madison, the share of households that rent went from 56.5% in 2015–2019 to 60.6% in 2020–2024 (+4.1 percentage points), not a measurable change.

How big are renting households in Madison?

A renting household in Madison has 2.3 people on average, against 2.3 in an owned home.

How much do renters earn in Madison?

The median renting household in Madison, FL has an income of $26,719 (±$6,867) a year, against $68,512 for households that own their home.

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 city, Florida (place:42425, in state:12).

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

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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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