Cost of Living in Madison County, NY

What does it cost to live in Madison County? Income, housing, and affordability breakdown.

Median Income

$68,869

Median Rent

$867/mo

Median Home

$162,800

Affordability

478

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$823
Property Tax$324
Insurance$54

Total Monthly$1,201
% of Income20.9%

Renting

Median Rent$867
Renter's Insurance$25

Total Monthly$892
% of Income15.1%

Living in Madison County, New York

Madison County has a median household income of $68,869 with housing costs that represent 20.9% of income for owners and 15.1% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 478 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in New York

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.