Madison Park, New Jersey Population

Madison Park, New Jersey has a population of 6,881, with a median household income of $90,118.

Current population data for Madison Park.

6,881

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Population

6,881

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Median Income

$90,118

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Unemployment

3.10%

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Housing Price

$344,114

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Crime Rate

0.40

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Internet Speed

258.20 Mbps

Madison Park is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in New Jersey, Madison Park provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Madison Park has a population of 6,881, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Madison Park is $90,118, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Madison Park is about $344,114, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Madison Park is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Madison Park are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Madison Park shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, Madison Park contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Madison Park

What is the population of Madison Park?

The population of Madison Park is approximately 6,881.

Is Madison Park a good place to live?

Madison Park offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Madison Park?

The median household income in Madison Park is around $90,118.

How expensive is housing in Madison Park?

The average housing price in Madison Park is approximately $344,114.