Madison, MO Real Estate
According to census data in the year 2000 there were 293 housing units in Madison.
This represents a 5.4% growth from 278 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 293 were located in what is classified as a rural area.
Homeownership rate in Madison is about 82%.
Madison's vacancy rate, including seasonal lodging, is about 13%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Madison were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.60% |
| Two Bedrooms | 45.10% |
| Three Bedrooms | 37.20% |
| Four Bedrooms | 5.10% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $41,600 |
| Median Price asked for vacant units | $52,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $263 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.90% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 43.20% |
| Debt Free | 51.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
