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Located in the southwest corner of Morris County, the borough of Madison is a bustling community that combines easy commuter access to New York City’s Penn Station with all the charm of living in a college town. Bordered by Drew University, Madison-Florham Park Campus of Fairleigh Dickinson University, and the college of St. Elizabeth, this community is booming with cultural, historical and educational events and opportunities. Madison also offers an excellent public school system that is consistently rated among the best, in part due to the small class sizes and the broad curriculum. The town enjoys over 100 acres of parks and public spaces; a rich downtown full of unique restaurants and shops; and entertainment venues such as the Playwrights’ Theatre of New Jersey and the Museum of Early Trade and Crafts. The Shakespeare Festival of New Jersey is also a popular annual event.
Population
| Total Population |
16,854
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| Population Density |
3,359 Persons/Sq. Mile
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| Female Population |
8,814
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| Male Population |
8,040
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| Median Age |
33.4 Years
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| Percentage Population Change since 1990 |
79%
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| Percentage Population Change Since 2000 |
0%
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Colleges
| Nearest 2-Year Public College |
UNION COUNTY COLLEGE
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| Distance to UNION COUNTY COLLEGE |
8 Miles
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| Nearest 4-Year Public College |
DREW UNIVERSITY
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| Distance to DREW UNIVERSITY |
1 Miles
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Households and Income
| Total Number of Households |
5,398
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| Family Households |
3,624
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| Average Family Size |
3.31
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| Average Household Income |
$138,900
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| Median Household Income |
$101,833
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| Percentage Income Change Since 1990 |
79%
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| Percentage Income Change Since 2000 |
0%
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Crime Rates Compared to National Average
The National Average is designated
1.0 - A value of 2.0 represents twice as much risk while a value of 0.5 represents
half as much risk.
| Total Crime Risk |
0.05
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| Total Crime Risk (County) |
0.28
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| Personal Crime Risk (County) |
0.24
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| Murder Risk (County) |
0.25
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| Rape Risk (County) |
0.30
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| Robbery Risk |
0.17
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| Assault Risk (County) |
0.21
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| Property Risk (County) |
0.31
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| Burglary Risk (County) |
0.30
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| Larceny Risk (County) |
0.44
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| Motor Vehicle Theft Risk (County) |
0.25
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Environment
| Average July High Temperature |
85.8° F
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| Average January Low Temperature |
18.2° F
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| Annual Precipitation |
51.61 inches
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| Air Pollution Index |
98% of National Average
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Miscellaneous
| Sales Tax Rate |
7%
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| Nearest Airport |
NEWARK LIBERTY INTL
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| Distance to NEWARK LIBERTY INTL |
12 Miles
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| Nearest Major Sports Team |
NEW JERSEY DEVILS
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| Distance to NEW JERSEY DEVILS |
13 Miles
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Currently Displaying a limited number of schools. Click below to view the entire list.
Click here to view all schools
| School Name | Grades | Address |
| MADISON JUNIOR HIGH SCHOOL | 7 - 9 | 160 MAIN ST, MADISON, NJ 07940 |
| MADISON HIGH SCHOOL | 9 - 12 | 170 RIDGEDALE AVE, MADISON, NJ 07940 |
| CENTRAL AVENUE ELEMENTARY SCHOOL | K - 6 | 50 CENTRAL AVE, MADISON, NJ 07940 |
| KINGS ROAD ELEMENTARY SCHOOL | K - 6 | 215 KINGS RD, MADISON, NJ 07940 |
| TOREY J SABATINI ELEMENTARY SCHOOL | K - 6 | 359 WOODLAND RD, MADISON, NJ 07940 |
| ST VINCENT MARTYR SCHOOL | K - 6 | 26 GREEN VILLAGE RD, MADISON, NJ 07940 |
Currently Displaying a limited number of establishments. Click below to view the entire list.
Click here to view all establishments
| Type of Business | Name | Address |
| BANKS | BANK OF AMERICA | 117 MAIN ST MADISON, NJ 07940 |
| BANKS | CHASE | 10 GREENWOOD AVE MADISON, NJ 07940 |
| BANKS | CHASE | 2 WAVERLY PL MADISON, NJ 07940 |
| BANKS | HILLTOP COMMUNITY BANK | 177 MAIN ST MADISON, NJ 07940 |
| BANKS | HUDSON CITY SAVINGS BANK | 340 MAIN ST MADISON, NJ 07940 |
| BANKS | INVESTORS SAVINGS BANK | 16 WAVERLY PL MADISON, NJ 07940 |
| BANKS | PNC BANK | 240 MAIN ST MADISON, NJ 07940 |
| BANKS | PROVIDENT BANK | 80 MAIN ST MADISON, NJ 07940 |
| BANKS | PROVIDENT BANK | 98 MAIN ST MADISON, NJ 07940 |
| BANKS | SOMERSET HILLS BANK | 267 MAIN ST # 269 MADISON, NJ 07940 |
| BANKS | UNION CENTER NATIONAL BANK | 300 MAIN ST MADISON, NJ 07940 |
| BANKS | VALLEY NATIONAL BANK | 12 MAIN ST # 1 MADISON, NJ 07940 |
| BANKS | WACHOVIA BANK | 200 MAIN ST MADISON, NJ 07940 |
| BANKS | WELLS FARGO BANK | 7 GIRALDA FARMS MADISON, NJ 07940 |
| COLLEGE / UNIVERSITY - 4 YEAR + | DREW UNIVERSITY | 36 MADISON AVE MADISON, NJ 07940 |
| COLLEGE / UNIVERSITY - 4 YEAR + | FAIRLEIGH DICKINSON U FLORHAM | 285 MADISON AVE MADISON, NJ 07940 |
| ART AND MUSEUMS | MUSEUM OF EARLY TRADES | 9 MAIN ST MADISON, NJ 07940 |
Community data provided by
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Previous quarter's home sale average by Zip Code. Click zip code to view homes for sale.
| | Total Sold | Median Price | Average Price |
| 07940 | 182 | $600,000 | $770,887 |
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