Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Madison, Illinois is a small-sized city with a population of 3,040 residents. Madison is mostly populated by White (45%) and Black or African American (51%) ethnic groups. Madison is not known to have a high population (over 15 years old) of married people. At only 30% married, this city falls well below the national average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Madison is the right fit for you, your one way commute time will average 23 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Madison, Illinois could be a positive experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, crime, health & safety, employment, housing and other key data points, finding the best places to live in Madison and in the areas around Madison is a much easier task.
Using data and statistics Madison has received a livability score of 61 out of 100. This score is ranked in the 44th percentile when compared to all other cities. For each of the livability categories, we know that Madison ranks very well for crime (B+) and housing (B+). Unfortunately for Madison, there are some categories for which it does not rank well, this includes: amenities (F), education (F) and employment (F).
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Madison, residents are fortunate to experience a cost of living that is 22.39% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Madison an attractive choice for those seeking financial prudence without compromising on quality of life.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Madison has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Madison real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Madison. The median home price for Madison homes is $77,489, which is 74.9% lower than the Illinois average. If we take a closer look at the affordability of homes in Madison, we’ll see that the home price to income ratio is 1.7, which is 51.4% lower than the Illinois average.
| Statistic | Madison | Illinois | National |
| Average one way commute | 23min | 29min | 26min |
| Workers who drive to work | 90.7% | 73.4% | 76.4% |
| Workers who carpool | 0.5% | 8.3% | 9.3% |
| Workers who take public transit | 2.0% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 1.9% | 3.1% | 2.8% |
| Working from home | 4.9% | 4.4% | 4.6% |
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