Madison is a medium-sized borough located in the state of New Jersey. With a population of 16,126 people and four constituent neighborhoods, Madison is the 124th largest community in New Jersey.
Madison home prices are not only among the most expensive in New Jersey, but Madison real estate also consistently ranks among the most expensive in America.
Madison is a decidedly white-collar borough, with fully 94.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Madison is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Madison who work in management occupations (16.00%), office and administrative support (12.60%), and sales jobs (12.51%).
Of important note, Madison is also a borough of artists. Madison has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Madison’s character.
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.
In addition, Madison is a college town. There are a lot of students in Madison attending college, and as a result Madison provides a number of services, amenities and opportunities geared to the needs and activities of students.
Because of many things, Madison is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Madison really has some of the features that families look for when choosing a good community to raise children. Is Madison perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Even though Madison is a smaller borough, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you like to read, write and learn? If you move to Madison, you'll likely find that many of your neighbors like to as well. Madison is one of the more educated communities in America, with a full 65.45% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Madison in 2010 was $57,628, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $230,512 for a family of four.
Madison is a somewhat ethnically-diverse borough. 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, German, English, and Polish.
The most common language spoken in Madison is English. Other important languages spoken here include Spanish and Chinese.