Madison County, Florida
Madison County
Madison County is located in North Central Florida, along with Alachua, Hamilton, Taylor, Suwannee, Union, Bradford, Lafayette, Dixie, Levy, Gilchrist, Marion, and Columbia counties. The largest industries by employment in Madison County are education & health services; trade, transportation, & utilities; and public administration. Major private sector employers are Madison Correctional Facility, Nestle Waters North America, Johnson & Johnson, Lake Park of Madison Nursing Home, and Madison County Memorial Hospital. Top public sector employers are Madison County School District, Madison Correctional Facility, and Madison County Government. Madison County cities are Greenville, Lee, Madison (county seat), and Pinetta.
Madison County Florida Cities
There are 4 cities in Madison County Florida. These are listed below. Click on a link for details.
Greenville, Lee, Madison, Pinetta,
Madison County has a population of approximately 18,907 people. The population increased -1.7% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida and a 1.7% increase for the country as a whole. Madison County is 695.95 square miles and had a population density of 27.6 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.
There are 8,499 housing units in Madison County (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Madison County has a 74.9% homeownership rate compared to Florida's rate of 69.0%. Madison County's medium household income in 2011 was $36,557, which is lower than the medium income for Florida as a whole: $47,827.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
| Florida | 19,317,568 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Madison County | 18,907 | $137 | -1.7% | $36,557 | 8,499 | $94,100 |
20.4% of the population in Madison County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:
- Madison County Census Data
- University of Florida Bureau of Economic and Business Research - Madison County
Madison County Economic Activity
The U.S. Bureau of the Census, Economic , 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Madison County. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $137 million, Madison County's economic activity represents 0.02% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $0 | 0.0% |
| Merchant wholesaler sales | $0 | 0.0% |
| Retail sales | $125 | 91.0% |
| Accommodation and food services sales | $12 | 9.0% |
| Total | $137 | 100% |
Madison County Regional Comparisons
Madison County is located in North Central Florida. This region is responsible for 2.6% of Florida's economic activity. Madison County represents 0.9% of the region's economy.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Madison County | 18,907 | $137 | -1.7% | $36,557 | 8,499 | $94,100 |
| Hamilton County | 14,708 | $111 | -0.6% | $36,683 | 5,830 | $75,600 |
| Taylor County | 22,744 | $823 | 0.8% | $38,005 | 11,085 | $89,700 |
| Suwannee County | 43,656 | $494 | 5.1% | $37,775 | 19,417 | $108,900 |
| Union County | 15,212 | $53 | -2.1% | $45,645 | 4,566 | $113,500 |
| Bradford County | 27,049 | $253 | -5.2% | $41,397 | 11,083 | $121,400 |
| Lafayette County | 8,804 | $69 | -0.7% | $49,713 | 3,386 | $153,500 |
| Dixie County | 16,126 | $57 | -1.8% | $34,243 | 9,471 | $104,400 |
| Levy County | 40,025 | $572 | -1.9% | $35,920 | 20,350 | $108,400 |
| Gilchrist County | 16,815 | $63 | -0.7% | $38,467 | 7,367 | $119,600 |
| Alachua County | 251,417 | $3,646 | 1.6% | $41,373 | 113,371 | $185,100 |
| Marion County | 335,125 | $8,053 | 1.2% | $40,103 | 164,037 | $142,000 |
| Columbia County | 67,966 | $1,796 | 0.6% | $38,589 | 28,910 | $127,100 |
| Total | 878,554 | $16,126 | -0.4% | $39,575 | 407,372 | $118,715 |
Madison Real Estate
There are 8,954 properties in Madison County. The following table shows a summary of them based on 2013 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Commercial Property | 0 | 0.00 | 6 | $52,500 | $11 | February 1st, 2013 | July 1st, 2013 |
| Government Property | 183 | 2.04 | 1 | $31,500 | $27 | June 1st, 2013 | June 1st, 2013 |
| Residential Property | 0 | 0.00 | 93 | $42,000 | $29 | January 1st, 2013 | October 1st, 2013 |
Commercial Real Estate in Madison County, Florida
0( .00%) of the properties in Madison County are classified as Commercial. 6 of them sold between February 1st, 2013 and July 1st, 2013. The total value of these sales was $370,300. The median sales price was $52,500. In 2013 the median sales price for Commercial Property in Madison County was $11 per sq ft.
Government Real Estate in Madison County, Florida
183( 2.04%) of the properties in Madison County are classified as Government. 1 of them sold between June 1st, 2013 and June 1st, 2013. The total value of these sales was $31,500. The median sales price was $31,500. In 2013 the median sales price for Government Property in Madison County was $27 per sq ft.
Residential Real Estate in Madison County, Florida
0( .00%) of the properties in Madison County are classified as Residential. 93 of them sold between January 1st, 2013 and October 1st, 2013. The total value of these sales was $6,608,100. The median sales price was $42,000. In 2013 the median sales price for A Class Residential Property in Madison County was $66 per sq ft, B Class properties sold for $29/ft and C Class $12/ft.
Additional Details:
Madison Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 2,792 | 3,861,592 |
| Government Property | 172 | 1,303,665 |
| Health Care | 2 | 17,345 |
| Hotel & Motel | 582 | 169,858 |
| Industrial | 55 | 1,416,762 |
| Land | 887 | 200,215 |
| Miscellaneous Property | 21 | 61,392 |
| Mobile/Manufactured | 1,591 | 2,225,334 |
| Multifamily | 167 | 733,423 |
| Office | 66 | 279,640 |
| Residential | 3,072 | 5,098,548 |
| Retail | 167 | 1,003,050 |
| Senior Housing | 5 | 91,641 |
| Special Purpose | 170 | 833,060 |
| Sports & Entertaining | 7 | 98,902 |