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Madison, NJ
Borough in Morris County, New Jersey. ZIP codes: 07940.
Population
16,447
Land area
4.3sq mi
People per sq mi
3,815
ZIP codes
1
Madison and its ZIP codes
Madison at a glance
- Madison is about 3 times as dense as New Jersey as a whole.
- It is the 72nd most populous of 700 cities and towns in New Jersey.
- Households here earn a median of $171,471 a year, 66% more than the New Jersey figure of $103,556.
- A typical owner-occupied home is valued at $943,200 (about 2.1 times the New Jersey figure) and median rent is $2,253 a month.
Local data for Madison, NJ
Counts from official public data
Housing and community stats
Madison, NJ, American Community Survey 2020-2024
Median household income
$171,471
Poverty rate
3.2%
Median home value
$943,200
Median rent
$2,253/mo
Homeownership
63.8%
Bachelor's or higher
74.1%
Median age
38.2
Average commute
27.6 min
Largest reported origins and ancestries: Irish Americans (3,568), Italian Americans (3,110), German Americans (2,072).
Economy and federal money
Jobs, pay, income and spending are for Morris County. PPP loans are for Madison.
Unemployment rate
3.9%
Aug 2026, -1.0 pts in a year
Average annual pay
$104,045
301,376 jobs, 2025
Income per person
$119,713
BEA, 2024
Federal spending
$3.7B
FY 2026, $7,234 per person
PPP loans
$46.3M
609 loans, 6,560 jobs reported
How people get to work
Madison, NJ, workers 16 and older. American Community Survey 5-year estimates
- Drove alone51.2%
- Carpooled3.2%
- Public transit8.0%
- Walked7.3%
- Bicycle0.6%
- Taxi, ride-hailing, motorcycle or other1.9%
- Worked from home27.7%
Average one-way commute: 27.6 minutes for people who do not work from home.
Environment and hazard risk
Madison, NJ, from FEMA, NOAA and EPA
Natural hazard risk
Relatively Moderate
Top: strong wind
Storm events since 1996
1,287
Countywide, mostly thunderstorm wind
Flood insurance policies
2,195
1.5% of homes, county
July high / Jan low
86° / 22°F
50.4 inches of rain a year
Hazards, floods and storm historyCheck a flood zone6 historic places
Health statistics
Share of adults in Madison, NJ, CDC PLACES estimates
Obesity
21.3%
U.S. 33.3% -12.0 pts
Diabetes
7.0%
U.S. 12.1% -5.1 pts
Smoking
7.1%
U.S. 12.8% -5.7 pts
Uninsured (18-64)
6.4%
U.S. 11.1% -4.7 pts
ZIP codes in Madison
1 in or overlapping Madison. Population shown
Cities near Madison
| Name | Distance | Land area (sq mi) |
|---|---|---|
| Florham ParkBorough | 1.8 mi | 7.3 |
| ChathamBorough | 2 mi | 2.3 |
| Green VillageCensus-designated place | 2.1 mi | 2.3 |
| New VernonCensus-designated place | 3.8 mi | 3.6 |
| New ProvidenceBorough | 4.1 mi | 3.7 |
| SummitCity | 4.2 mi | 6 |
| MorristownTown | 4.3 mi | 2.9 |
| Short HillsCensus-designated place | 4.4 mi | 5.3 |
| WhippanyCensus-designated place | 4.5 mi | 5.6 |
| Cedar KnollsCensus-designated place | 4.8 mi | 2.1 |
| GilletteCensus-designated place | 5.1 mi | 4.3 |
| Troy HillsCensus-designated place | 6 mi | 2.9 |
| MountainsideBorough | 6.1 mi | 4 |
| Morris PlainsBorough | 6.4 mi | 2.6 |
| SpringfieldCensus-designated place | 6.5 mi | 0.4 |
| StirlingCensus-designated place | 6.6 mi | 2.3 |
Frequently asked questions
- What county is Madison, NJ in?
- Madison is in Morris County, New Jersey.
- What ZIP codes are in Madison, NJ?
- ZIP codes in or overlapping Madison include 07940.
- What is the population of Madison, NJ?
- About 16,447 people live in Madison, based on American Community Survey 5-year estimates.
- What cities are near Madison?
- Nearby places include Florham Park (1.8 mi), Chatham (2 mi), Green Village (2.1 mi), New Vernon (3.8 mi), New Providence (4.1 mi).
Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023