Cost of Living in Madison County, Georgia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Madison County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Madison County ranks #1,763 of 3,144 counties for affordability (bottom 44%)
Data Story
About Cost of Living in Madison County, Georgia
Madison County achieves affordability balance
Madison County's 19.4% rent-to-income ratio sits just above Georgia's 18.6% benchmark, indicating manageable housing strain relative to household incomes. With a median household income of $58,784 (21% below national) and $951 rent, residents maintain reasonable housing economics despite subpar regional incomes.
Balanced affordability in Georgia context
Madison County's rent-to-income ratio hovers near Georgia's state average, neither strained nor exceptionally affordable. The $951 median rent runs just 2.6% above state norms, positioning the county as a stable, predictable housing market.
Mid-range pricing in competitive region
Madison County's $951 rent sits between Long County's $931 and Lowndes County's $1,002, offering middle-ground positioning. Compared to bargain-basement Marion County ($717) and Lincoln County ($732), Madison reflects slightly higher regional demand and development activity.
Rent affordable, ownership pricier
Madison County renters allocate 19.4% of their $58,784 income to $951 monthly rent—a sustainable percentage leaving room for other expenses. Homebuyers face $808 monthly costs against $198,800 median values, suggesting stronger property appreciation and equity-building potential.
Stable market for balanced seekers
Madison County offers predictable housing economics aligned with state norms—ideal for relocators seeking mainstream affordability without dramatic tradeoffs. If you value stability, moderate costs, and reasonable incomes, Madison County delivers straightforward Georgia living without surprises.
Cost of Living Advisory: Madison County
Affordability Verdict
For renters in Madison County, the market is affordable. Expect to pay around $951/month in gross rent, with 31.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Madison County pay $951/month on average, compared to $808/month for homeowners. This market favors buyers by about 15%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $38,040/year. For owner costs at the 28% rule, the required income is roughly $34,629/year. With a median household income of $58,784, most households can comfortably afford rent here. Notably, 31.0% of renter households in Madison County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Madison County sits 5% less expensive than Lowndes County ($1,002/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Madison County
Rent Burden
19.4%
of gross income
Max Housing (28% Rule)
$1,372
per month
Owner Cost Burden
16.5%
of gross income
The median home in Madison County may be a stretch
Median home value is $198,800. Estimated monthly cost: $1,587 vs. your max of $1,372.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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