Part of the Moving to Maine guide
An honest guide to Madison: who it's for, who it isn't, what life is really like, and how to actually visit.
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A Somerset County mill town on the Kennebec River, home to a major paper mill.
🌲 Did you know? Madison's paper mill has been a cornerstone of the local economy for over a century.
By the numbers
As of May 2026, the typical home in Madison is worth about $217,000 — about 41% below the U.S. average of $370,000, rent runs about $880 a month, the median household income is $43,095.
| Typical home value | $217,000 | Zillow, May 2026 |
| vs. U.S. typical home | -41% | $370,000 |
| Median rent (monthly) | $880 | U.S. Census (ACS 2023) |
| Median household income | $43,095 | U.S. Census (ACS 2023) |
| Population | 2,552 | U.S. Census (ACS 2023) |
Sources: Zillow, May 2026; U.S. Census (ACS 2023). Figures are estimates that vary by household and season.
The typical home value in Madison is about $217,000 as of May 2026 (Zillow Home Value Index), about 41% below the U.S. average of $370,000. Individual sale prices vary by neighborhood and condition.
Typical rent in Madison runs about $880 a month (U.S. Census ACS estimate). Seasonal and short-term demand can push coastal rents higher.
The median household income in Madison is about $43,095, per the U.S. Census Bureau's American Community Survey.
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