Apartments for rent in Madison, NC

Madison, a small town in North Carolina, has a population of approximately 2,000. Middle-aged professionals will feel welcome, as they account for an above-average portion of the population, while young professionals are less well-represented. Overall, the town's population, at an average age of just over 44, skews older than most cities in North Carolina. The majority of residents own their homes in Madison, and 39% of residents rent. With a relatively low average rent of $685 per month in the town, renting remains an affordable option, particularly compared to other cities in North Carolina. Each month, renters in Madison will save around $247 compared to the state average.

Many Madison residents work in one of three industries: manufacturing, retail, and healthcare. Combined, these industries account for 28% of the labor force in the town. Meanwhile, looking at job function, many residents work in sales, as 10% of the town's population reports this as their field of work, the highest number of any career path. Madison workers earn an average annual income of just over $48K, less than their peers elsewhere in North Carolina. Madison's average income also trails the national average ($73,345). Compared to the national average (5%), Madison has a relatively large concentration of residents over the age of 25 who possess an Associate's degree (7%). Additionally, 10% have a Bachelor's, Master's, Professional, or Doctoral degree.

Averaging about 23 minutes, Madison's commute time is shorter than the North Carolina average of about 25 minutes. Many residents (42%) drive to work, while public transportation is not used. Not many workers commute on foot.