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Demographics
Population
Median Income
Racial Distributions
Madison in Pennsylvania is characterized by low diversity, with a predominantly White population that reached 100% in 2022. The median income in the city has grown consistently over the past decade, reaching $75,434 in 2022. The population, however, has been declining, decreasing from 1,515 in 2019 to 1,233 in 2022.
Over the past decade, Madison has maintained its status as a low diversity community. The White population has remained the overwhelming majority, increasing from 96% in 2013 to 100% in 2021 and 2022. A brief period from 2015 to 2019 showed minimal diversity with a small Hispanic population (1-3%) and a very small two or more races population (0-1%), but this trend did not persist.
The median income has shown a significant upward trend, increasing from $50,408 in 2013 to $75,434 in 2022, representing a 49.6% increase over nine years. This economic growth coincides with the consolidation of the White majority in the community. As the median income increased, the population decreased from 1,504 in 2010 to 1,233 in 2022, an 18% decrease.
The trend of increasing median income is generally consistent with national economic growth over the past decade. The population decline and lack of diversity are potentially unique characteristics of Madison.
Based on the observed trends, Madison will likely continue to be categorized as a low diversity community in the near future. The consistent increase in the White population percentage, coupled with the decline in overall population, suggests that the community may become even more homogeneous.
Economically, if the current trend continues, the median income is expected to continue rising. However, the declining population could potentially impact this trend in the future, depending on who is leaving the community.
Given these trends, Madison might transition into a "Homogeneous Affluent Enclave" - a community characterized by extremely low diversity, high median income, and a shrinking, potentially aging population. This could present unique challenges and opportunities for the community in terms of economic development, social cohesion, and long-term sustainability.
These predictions are based on recent trends and could be altered by unforeseen economic, social, or policy changes at the local, state, or national level.