Madison, ME Real Estate
According to census data in the year 2000 there were 1,226 housing units in Madison.
This represents a 0.2% growth from 1,224 in 1990.
Of those housing units, 897 were located in either urbanized areas or urban clusters, and 329 were located in what is classified as a rural area.
Homeownership rate in Madison is about 65.8%.
Madison's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Madison were built after 1947.
|Housing Units by Size|
|Five Bedrooms or more||5.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.53|
|Median year structure was built||1952|
|Median Value of occupied units||$67,100|
|Median Price asked for vacant units||$34,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.77|
|Median year structure was built||1940|
|Median Monthly Rent asked for vacant units||$304|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.7%|