Madison, AR Profile: Facts & Data

The primary coordinate point for Madison is located at latitude 35.0131 and longitude -90.7226 in St. Francis County. The formal boundaries for the City of Madison encompass a land area of 1.7 sq. miles and a water area of 0.07 sq. miles. St. Francis County is in the Central time zone (GMT -6). The elevation is 210 feet.

The City of Madison (GNIS ID: 2404990) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Madison, AR Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	639 (100%)
Population in Households	639 (100.0%)
Population in Families	527 (82.5%)
Population in Group Quarters¹	0
Population Density	366
Diversity Index²	44


INCOME
Median Household Income	$20,971
Average Household Income	$31,030
% of Income for Mortgage⁴	7%
Per Capita Income	$11,981
Wealth Index⁵	22

HOUSING
Total HU (Housing Units)	343 (100%)
Owner Occupied HU	153 (44.6%)
Renter Occupied HU	96 (28.0%)
Vacant Housing Units	94 (27.4%)
Median Home Value	$32,627
Average Home Value	$46,429
Housing Affordability Index³	350

HOUSEHOLDS
Total Households	249
Average Household Size	2.57
Family Households	166
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Madison, AR - Peer Comparisons by Rank and Percentile

The table below compares Madison to the other 540 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-1.8%	-1.45%
Households	-1.64%	-1.32%
Families	-1.71%	-1.62%
Median Household Income		0.28%
Per Capita Income		1.16%
Owner Occupied HU		-1.62%

Variable Description	Rank	Percentile
Total Population	# 263	51st
Population Density	# 303	44th
Median Household Income	# 536	1st
Housing Affordability Index	# 525	97th
Per Capita Income	# 534	1st
Diversity Index	# 194	64th

Madison, AR Profile: Facts & Data

Madison, Arkansas - Basic Facts

Madison, AR Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Madison, AR - Peer Comparisons by Rank and Percentile

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