Madison County, New York: commercial real estate data.
Madison County, New York has a population of 67,328 across 655 square miles, down 1.4 percent since the 2020 census base. County output reached $3.09 bn in 2024, 1,328 establishments operate here, and the SBA record carries 38 7(a) approvals worth $20.4 m.
126 sourced county values · tier FULL · 12 sections
Madison County
How many people live in Madison County
- Population67,328
- Households26,252
- Average household size2.56
- Median household income$75,499
- Median age42.4
- Median gross rent$928 per month
- Median owner-occupied home value$184,600
- Home value to household income2.4 times
- Annual rent as a share of median income14.7 percent
- Adults 25 and over with a bachelor degree or higher29.6 percent
- Adults 25 and over with a graduate degree14.0 percent
- Adults 25 and over46,025
- Population under 1812,264
- Share under 1818.2 percent
- Population 65 and over13,683
- Share 65 and over20.3 percent
- Working age population, 18 to 6441,381
- Civilian labor force32,293
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over58.6 percent
- Rank by population among New York counties37th of 62
- Rank by population among US county-equivalents813th
Madison County is the 37th largest of 62 New York counties by population. A median home costs 2.4 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 20.3 percent against 18.2 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Madison County
Is Madison County growing
- Population change since the 2020 census base-1.41 percent
- Census 2020 base population68,031
- Births, 2024568
- Deaths, 2024754
- Natural change, 2024-186
- Net domestic migration, 2024-53
- Net international migration, 2024155
- Total net migration, 2024102
- Cumulative net domestic migration, 2021 to 2024-489
- Rank by growth among US county-equivalents2328th
The county has lost 1.41 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Madison County
Where people moving to Madison County come from
- Tax returns filed by households arriving1,660
- People arriving, from those returns2,737
- Adjusted gross income arriving$110.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$66,471
- Largest single originMadison County Non-migrants (25,807 households)
- Largest single destination (25,807 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Madison County Non-migrants | 25,807 | 50,091 | $2.33 bn |
| Onondaga County | 448 | 708 | $27.4 m |
| Other flows - Different State | 420 | 698 | $32.8 m |
| Oneida County | 378 | 637 | $19.4 m |
| Other flows - Same State | 210 | 332 | $20.1 m |
| Other flows - South | 187 | 303 | $11.9 m |
| Other flows - Northeast | 119 | 191 | $10.3 m |
| Other flows - West | 83 | 149 | $7.7 m |
The largest single source of arrivals is Madison County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Madison County
What the Madison County economy runs on
- County GDP, 2024$3.09 bn
- County GDP, 2023$2.99 bn
- GDP change, 2023 to 20243.3 percent
- GDP change over five years27.3 percent
- Rank by GDP among New York counties44th
- Rank by GDP among US county-equivalents956th
- GDP per resident$45,915
Output grew 3.3 percent in the latest year and 27.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Madison County
Who employs people in Madison County
- Covered employment, annual average20,886
- Establishments reporting1,634
- Average annual pay$56,324
- Average weekly wage$1,083
- Sector 44-45, employment2,676
- Sector 44-45, average annual pay$43,143
- Sector 31-33, employment2,107
- Sector 31-33, average annual pay$67,306
- Sector 72, employment1,851
- Sector 72, average annual pay$26,298
- Sector 23, employment741
- Sector 23, average annual pay$66,094
- Sector 54, employment629
- Sector 81, employment526
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 2,676 | 179 | $43,143 |
| Sector 31-33 | 2,107 | 60 | $67,306 |
| Sector 72 | 1,851 | 150 | $26,298 |
| Sector 23 | 741 | 161 | $66,094 |
| Sector 54 | 629 | 133 | $70,198 |
| Sector 81 | 526 | 148 | $35,904 |
| Sector 56 | 436 | 83 | $42,877 |
| Sector 71 | 408 | 39 | $23,365 |
The largest sector is the biggest private employer group at 2,676 jobs, 12.8 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Madison County
What businesses operate in Madison County
- Establishments, all industries1,328
- Employment at those establishments17,161
- Annual payroll$811.9 m
- Establishments per 1,000 residents19.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Madison County
What is being built in Madison County
- Housing units authorised by permit, 2024120
- Declared construction value permitted$42.7 m
- Single family units authorised79
- Multifamily units authorised41
- Multifamily share of units34.2 percent
- Average declared value per unit$355,888
- Units authorised per 1,000 households4.6
Multifamily is 34.2 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Madison County
How much SBA lending happens in Madison County
- 7(a) approvals recorded38
- 7(a) gross approval dollars$20.4 m
- Average 7(a) approval$537,226
- Median 7(a) approval$141,800
- 10th percentile approval$16,800
- 90th percentile approval$2,856,300
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)355
- Jobs per approval9.3
- Distinct 7(a) lenders active15
- Distinct industries receiving approvals25
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer10.5 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter32
- Franchise loans1
- Franchise share of approvals2.6 percent
- Leading industry by approval countLandscaping Services (4)
- Most active lenderManufacturers and Traders Trust Company (11)
- 504 approvals recorded12
- 504 gross approval dollars$12.4 m
- Average 504 approval$1,034,167
- Median 504 approval$715,000
- Distinct CDCs active2
- 504 jobs per approval6.8
- 504 jobs per million dollars approved6.6
- Most active CDCEmpire State Certified Development Corporation (8)
- 7(a) share of SBA approvals76.0 percent
- Combined SBA approval dollars$32.8 m
The average approval of $537,226 sits well above the median of $141,800, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 10.5 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Madison County
Do SBA loans in Madison County get paid back
- Loans with a final outcome recorded8
- Paid in full8
- Charged off0
- Status: Exempt from disclosure21
- Status: Paid in full8
- Status: Cancelled8
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 8 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison County
Which parts of Madison County get the lending
- Places in the county with recorded lending9
- CANASTOTA, approvals10
- Cazenovia, approvals8
- CHITTENANGO, approvals6
- ONEIDA, approvals5
- HAMILTON, approvals5
- DE RUYTER, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| CANASTOTA | 10 | $8,928,900 |
| Cazenovia | 8 | $1,411,000 |
| CHITTENANGO | 6 | $410,600 |
| ONEIDA | 5 | $572,600 |
| HAMILTON | 5 | $5,596,500 |
| DE RUYTER | 1 | $100,000 |
| PITTSFORD | 1 | $2,870,000 |
| BRIDGEPORT | 1 | $25,000 |
CANASTOTA accounts for 10 approvals against 8 in Cazenovia. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison County
How big is Madison County
- Land area655 sq mi
- Rank by land area among New York counties31st of 62
- Width, east to west37.6 mi
- Height, north to south31.9 mi
- Geographies sharing a boundary6
- Residents per square mile of land103
- Establishments per square mile2.03
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Madison County
What hazards affect Madison County
- EPA radon zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
- Communities in the NFIP Community Status Book24
- Of those, participating in the NFIP24
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Madison County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Madison County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population67,328
- Households26,252
- Average household size2.56
- Median household income$75,499
- Median age42.4
Common questions
Madison County questions, answered from the record.
How many people live in Madison County, New York?
67,328, in 26,252 households, ranking 37th of 62 New York counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Madison County growing?
The population has fallen 1.41 percent since the 2020 census base. In 2024 there were 568 births against 754 deaths, with net migration of 102. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Madison County?
$75,499. The median owner-occupied home is valued at $184,600, which is 2.4 times income, and median gross rent is $928 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Madison County?
1,328 establishments, employing 17,161 people with an annual payroll of $811.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Madison County?
Average annual pay is $56,324, or $1,083 a week, across 20,886 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Madison County?
38 7(a) approvals totalling $20.4 m since FY2020, across 15 lenders, with a median approval of $141,800, plus 12 504 approvals worth $12.4 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Madison County?
120 housing units were authorised by permit in 2024, with a declared construction value of $42.7 m. Multifamily was 34.2 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Madison County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Madison County come from?
The largest single origin is Madison County Non-migrants, with 25,807 households. Arriving households report an average income of $66,471 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Madison County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Madison County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.