Cost of living in Madison, NJ

Madison is a Census borough in Morris County, NJ. ACS 2024 5-year population is 16,447. Median gross rent is $2,253 (ACS 2024 5-year, this place). Median home value is $943,200. Median household income is $171,471. Insurance is the NAIC state average; food is a USDA plan — no town indexes.