Madison is a medium-sized city located in the state of Alabama. With a population of 46,962 people and seven constituent neighborhoods, Madison is the tenth largest community in Alabama.
Madison real estate is some of the most expensive in Alabama, although Madison house values don't compare to the most expensive real estate in the U.S.
Madison is a decidedly white-collar city, with fully 88.63% of the workforce employed in white-collar jobs, well above the national average. Overall, Madison is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Madison who work in management occupations (13.95%), office and administrative support (12.39%), and architecture and engineering (10.25%).
Also of interest is that Madison has more people living here who work in computers and math than 95% of the places in the US.
Because of many things, Madison is a great place for families with children to consider. First of all, many other families with children live here, making Madison a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Madison has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Madison’s overall crime rate is lower than average for the country.
If knowledge is power, Madison is a pretty powerful place. 56.10% of the adults in Madison have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Madison in 2010 was $41,596, which is wealthy relative to Alabama and the nation. This equates to an annual income of $166,384 for a family of four. However, Madison contains both very wealthy and poor people as well.
Madison is a very ethnically-diverse city. The people who call Madison home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Madison residents report their race to be White, followed by Black or African-American. Important ancestries of people in Madison include English, Irish, Italian, and European.
The most common language spoken in Madison is English. Other important languages spoken here include Spanish and Korean.