Madison Heights has a population of approximately 10,790 and experiences a population change rate of -6.85%. The population density is 562.8 / sq mi .
Madison Heights has a population of approximately 10,790 and experiences a population change rate of -6.85%. The population density is 562.8 / sq mi .
The median household income for Madison Heights is $49,928, with 4,612 households and an average household size of 2.34.
The median value of a home in Madison Heights is $202,800 with an appreciation rate of 17.90%. 65.05% of housing in the state is owned while 28.03% is rented.
The cost of living in Madison Heights is 90.3 %.
The unemployment rate in Madison Heights is 2.70%, and recent job growth is at 3.20%. Future job growth is projected at 40.73%.
The sales tax rate in Madison Heights is 5.30%, while the income tax rate is 5.75% .
School expenditures in Madison Heights are $12,252, and the school ratio is 14.2:1.
The average high temperature in July is 86 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 42.4 inches per year, with 13.4 inches of snow per year.