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Madison Heights has a population of approximately 28,719 and experiences a population change rate of -7.66%. The population density is 4,052.9 / sq mi .
The median household income for Madison Heights is $58,537, with 13,487 households and an average household size of 2.12.
The median value of a home in Madison Heights is $193,600 with an appreciation rate of 10.80%. 58.60% of housing in the state is owned while 36.35% is rented.
The cost of living in Madison Heights is 97.6 %.
The unemployment rate in Madison Heights is 2.30%, and recent job growth is at 0.83%. Future job growth is projected at 44.87%.
The sales tax rate in Madison Heights is 6.00%, while the income tax rate is 4.25% .
School expenditures in Madison Heights are $15,188, and the school ratio is 17:1.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 33.3 inches per year, with 30.5 inches of snow per year.
