Madison is a medium-sized coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Connecticut. With a population of 18,030 people and three constituent neighborhoods, Madison is the 64th largest community in Connecticut.
Madison home prices are not only among the most expensive in Connecticut, but Madison real estate also consistently ranks among the most expensive in America.
Madison is a decidedly white-collar town, with fully 90.57% of the workforce employed in white-collar jobs, well above the national average. Overall, Madison is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Madison who work in management occupations (14.63%), healthcare (11.92%), and sales jobs (10.88%).
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.
A relatively large number of people in Madison telecommute to their jobs. Overall, about 9.23% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
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 town’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 ranks among the lowest in the country, making it one of the safest places to raise a family.
Madison is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
One downside of living in Madison, however, is that residents on average have to contend with a long commute, spending on average 30.39 minutes every day commuting to work.
If knowledge is power, Madison is a pretty powerful place. 64.61% 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 2018 was $61,394, which is wealthy relative to Connecticut and the nation. This equates to an annual income of $245,576 for a family of four.
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 Asian. Important ancestries of people in Madison include Irish, Italian, English, German, and Polish.
The most common language spoken in Madison is English. Other important languages spoken here include Spanish and Chinese.