Is Madison Center, Connecticut a Good Place To Live? - Living In Madison Center, CT

Is Madison Center, Connecticut a good place to live?
Madison Center is a city in Connecticut state in USA with a population of 2197 residents.. The poverty rate of Madison Center is 9.2%, which is 34% lower than national average. The typical household in Madison Center earns $62596 a year, compared to the national median of $67,500. Nearly 40.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Madison Center, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison Center remained 2.6%, which is 45% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison Center, only 55% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in Madison Center is 0, which is 100% lower than national average. Median home value in Madison Center is $583500 , which is 154% higher than national average. While median income in Madison Center remained $62596, which is 7% lower than national average.
Population
2197
Unemployment
2.6%
45% NAT AVG.
Poverty
9.2%
34% NAT AVG.
Overall Score
5
Median Home Cost
$583500
154% NAT AVG.
Median Income
$62596
7% NAT AVG.
Median Rent
$1286
11% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 38
People Earning < $10,000
1 in 11
People Earning < $50,000
40.1%
People with <= High School
1 in 3.8
People With Any Degree
1 in 1.6
Pros & Cons Overview

Jobs85%

Housing90%

Affordability30%

Safety60%

Amenities60%

Diversity40%

Education90%

Commute50%