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Real Estate Prices & Overview

Madison North median real estate price is $157,565, which is less expensive than 92.5% of Florida neighborhoods and 85.3% of all U.S. neighborhoods.

The average rental price in Madison North is currently $1,193, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.5% of Florida neighborhoods.

Madison North is a remote neighborhood (based on population density) located in Madison, Florida.

Madison North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Madison North neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Madison North. The current real estate vacancy rate here is 19.1%. This is higher than the rate of vacancies in 85.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 98.7% of all neighborhoods in America, with 46.4% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Madison North neighborhood in Madison are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.3% of U.S. neighborhoods. With 43.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.3% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Madison North neighborhood, 35.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.0%), and 13.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Madison North neighborhood is English, spoken by 98.5% of households. Some people also speak Polish (2.6%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Madison North neighborhood in Madison, FL, residents most commonly identify their ethnicity or ancestry as English (8.4%). There are also a number of people of Italian ancestry (6.5%), and residents who report German roots (5.6%), and some of the residents are also of Irish ancestry (3.5%), along with some Jamaican ancestry residents (2.2%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Madison North neighborhood spend under 15 minutes commuting one-way to work (40.4% of working residents), one of the shortest commutes across America.

Here most residents (85.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (12.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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