There are 15 independent living communities serving Madison, Mississippi. This includes 1 community in Madison and 14 nearby. The daily costs for independent living in Mississippi range from $15 to $144, with an average cost running around $53. The per month cost averages around $1,595 and ranges between $440 and $4,331. Annually, the average cost is around $19,140, which is below the national average of $23,100.
The cost of independent living in Madison, MS ranges from around $839 per month all the way up to $3,218 per month. The median cost is about $2,328 per month, or about $27,935 per year.
Madison is a small city in Madison County, Mississippi. It is included in the Jackson metropolitan area. While the surrounding statistical area includes 420,142 inhabitants, there are 36,143 residing in the city limits. Approximately 23% of the population are over the age of 55.
Madison has a good SeniorScore™ of 76. The city has an average per capita income of $43,000. The average household income is $97,000 vs the average of $34,000 for the state of Mississippi. The current unemployment rate is approximately 2.91% and the average housing price is $186,000, which is much higher than the state average of $114,000.
Madison has ideal average temperatures, with very mild winters and very warm summers. The city gets very high amounts of rainfall each year. In comparison to similarly-sized cities, Madison has an exceptionally low rate of crime and very low air quality.