CitytisticsShortlist

Madison Park, NJ vs Prospect Park, NJ

Madison Park

New Jersey

vs

Prospect Park

New Jersey

Across 34 directional measures we can compare, Madison Park leads on 21 and Prospect Park on 13. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 8% higher in Prospect Park, while median household income is higher in Madison Park.

Median gross rent
$1,528$1,647
Madison Park is 7% lower
Median household income
$79,509$53,125
Madison Park is 50% higher
Median home value
$426,500$406,800
Madison Park is 5% higher

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $58,200 a year left in Madison Park and $31,700 in Prospect Park. Money goes further in Madison Park, by about $26,400 a year.
  • A household earning Madison Park's median of $79,509 would need about $81,000 in Prospect Park to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, pay outran rent by 0.3 points a year in Madison Park, and rent outran pay by 0.9 points a year in Prospect Park.

How these are calculated

New JerseyProspect Park, NJMadison Park, NJMadison ParkProspect ParkMadison Park

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Madison Park, NJComposite 27.3 / 100
5
252647n/a1626n/a
02Prospect Park, NJComposite 27.3 / 100
5
39486264417

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureMadison ParkProspect ParkAmong all places
Cost of living
Median gross rent1$1,528$1,647
Rent to income123.1%37.2%
Property tax rate11.9%n/a
Home price to income15.4x7.7x
Prices vs US average2112.6112.6
Fair market rent, 2 bedrooms3$2,623$2,282
HUD area median income4$154,800$139,100
Housing
Property tax paid (median)1$7,889$10,001
Median home value1$426,500$406,800
Home prices, 1-year change56.1%6.8%
Home prices, 5-year change562.2%58.0%
Homeownership132.7%42.0%
Renters paying 30%+152.8%72.2%
Owner costs with a mortgage1$2,398$2,763
Vacant homes13.2%5.5%
Median year built119651938
Jobs and income
Median household income1$79,509$53,125
Income per person1$35,773$28,785
Unemployment111.0%11.5%
Average annual pay6$85,564$64,775
Pay growth, 1 year63.8%1.7%
Jobs6431,665174,268
Poverty rate113.4%28.3%
Mean commute132 min23 min
Works from home118.1%11.5%
Commutes by transit18.6%6.4%
People
Population19,1246,319
Population change since 20207n/a0.9%
Median age133.636.2
Bachelor's or higher130.8%31.1%
High school or higher192.6%89.2%
Household size13.33.1
Born abroad138.6%42.6%
No health insurance19.8%13.5%
Homes with broadband190.5%90.1%
Moving
Moved here in the past year15.9%3.8%
Moved from another state12.0%1.0%
Net movers per 1,000 people8-7.7-12.5
Income of households moving in8$87,059$69,274
Income of households moving out8$95,604$70,870
Local life
Restaurants and bars per 10k920.520.8
Shops per 10k927.635.3
Arts, recreation and fitness per 10k92.92.8
Doctors' offices and clinics per 10k922.622.3
Child care centers per 10k92.32.6
Parks per 10k100.04.8
Playgrounds per 10k103.34.8
Grocery stores per 10k102.20.0
Restaurants, cafes and bars per 10k106.60.0
Libraries per 10k100.00.0
Named paths and bike trails100.00.0
Transit stops per sq mi102.20.0
Nearest National Park Service site1111.31.6
National Park Service sites within 60 miles112322
National Register listings127643
Founded or incorporated13n/a1901
Safety
Violent crime per 100k14n/a125
Property crime per 100k14n/a1,050
Schools
Public schools152132
Public school students15129,255763
Students per teacher1511.98.7
Climate
July average high1687°F84°F
January average low1624°F20°F
Average temperature1654°F51°F
Annual precipitation1647.7 in48.6 in
Hazards and air
Natural hazard risk1797.895.8
Hurricane risk1792.687.9
Tornado risk1794.588.8
Wildfire risk1779.716.1
Heat wave risk1796.596.2
Median air quality index183641
Good air days1881.5%73.6%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Madison Park $61,120, Prospect Park $65,880 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Wikidata · Wikimedia Foundation (CC0) · Retrieved 2026-11
  14. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  15. Common Core of Data · National Center for Education Statistics · 2024 release
  16. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  17. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  18. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

Keep comparing

Other places people weigh against these two, and each one in full.