Madison

County:: Morris County
County Seat:: No
Area (mi²):: 4.312
State:: New Jersey

Madison is a borough located in Morris County, New Jersey. Madison has a 2025 population of 16,118. Madison is currently declining at a rate of -0.96% annually and its population has decreased by -4.64% since the most recent census, which recorded a population of 16,902 in 2020.

The average household income in Madison is $247,235 with a poverty rate of 2.82%.The median age in Madison is 39 years: 36.7 years for males, and 41 years for females.

Demographics

The racial composition of Madison includes 77.67% White, 5.79% Asian, and smaller percentages for other race, Black or African American, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	12,787	77.67%
Two or more races	2,094	12.72%
Asian	953	5.79%
Other race	397	2.41%
Black or African American	199	1.21%
Native American	26	0.16%
Native Hawaiian or Pacific Islander	8	0.05%

Madison Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Madison's average per capita income is $91,136. Household income levels show a median of $168,469. The poverty rate stands at 2.82%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$232,700	-
Families	$211,992	$300,956
Households	$168,469	$247,235
Non Families	$79,310	$120,598

$91,136

Average Income

$168,469

Median Household Income

2.82%

Poverty Rate