04950 Zip Code

April 16, 2024

Zip Code:	04950
City/Town:	Madison
State:	Maine

Population:	4,855
Per Capita Income:	$20,228
Mean Household Income:	$47,184

Total Housing Units:	1,976
Median Home Value:	$69,800
Median Year Homes Built:	1961

Land Area:	51.9 sq miles 134.4 sq kilometers
Water Area:	2.9 sq miles 7.6 sq kilometers

Population Information (04950 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

4,855

Male:

2,457

50.6%

49.2%

Female:

2,398

49.4%

50.8%

Median Age:

44.0 yrs

37.2 yrs

Under 5 years:

227

4.7%

6.5%

5 to 9 years:

265

5.6%

6.6%

10 to 19 years:

610

12.6%

13.8%

20 to 29 years:

489

10.1%

13.8%

30 to 39 years:

562

11.6%

13.0%

40 to 49 years:

738

15.2%

14.2%

50 to 59 years:

737

15.2%

13.6%

60 to 69 years:

614

12.6%

9.4%

70 to 79 years:

354

7.3%

5.4%

80 years and over:

259

5.3%

3.7%

Housing Information (04950 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$69,800

$119,600

Median year homes build:

1961

1971

Median real estate taxes:

$878 / yr.

$1,334 / yr.

Median rent:

$324 / mo.

$519 / mo.

Total households:

1,976

Family households:

1,271

64.3%

66.4%

Nonfamily households:

705

35.7%

33.6%

Households with individuals under 18 years:

548

27.7%

33.4%

Households with individuals 65 years and over:

620

31.4%

24.9%

Average household size:

2.3

Average family size:

2.8

Total housing units:

2,478

Occupied housing units:

1,976

79.7%

88.6%

Vacant housing units:

502

20.3%

11.4%

For rent:

2.0%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.8%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

317

12.8%

3.5%

All other vacants:

3.2%

2.8%

Homeowner vacancy rate:

3.0%

2.4%

Rental vacancy rate:

8.8%

9.2%

Owner-occupied housing units:

1,459

Population in owner-occupied housing units:

3,505

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

517

Population in renter-occupied housing units:

1,088

Average household size of renter-occupied units:

2.1

2.44

Educational Attainment (04950 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

3,252

Less than 9th grade:

200

6.2%

9th to 12th grade, no diploma:

370

11.4%

8.7%

High school graduate (includes equivalency):

1,551

47.7%

29.0%

Some college, no degree:

597

18.4%

20.6%

Associate degree:

218

6.7%

7.5%

Bachelor's degree:

251

7.7%

17.6%

Graduate or professional degree:

2.0%

10.3%

Percent high school graduate or higher:

82.5%

85.0%

Percent bachelor's degree or higher:

9.7%

27.9%

Income Information (04950 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

1,665

34.3%

50.4%

Median income:

$22,736 / yr.

$27,932 / yr.

Full-time, year-round workers:

782

16.1%

59.7%

Median income:

$30,654 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,725

35.5%

49.6%

Median income:

$10,768 / yr.

$16,327 / yr.

Full-time, year-round workers:

505

10.4%

40.3%

Median income:

$21,134 / yr.

$28,135 / yr.

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