Madison Heights, VA
Full City Profile · Virginia · Lynchburg city County
Madison Heights, VA
At a Glance
How Madison Heights Compares to the U.S. Average
Each bar shows Madison Heights's value as a percentage of the national average (100% = U.S. avg)
Is Madison Heights a Good Place to Live?
Economy & Jobs
Madison Heights residents earn a median household income of $62,727 , which is 17% below the national average of $75,149. Per capita income is $35,746. The unemployment rate stands at 4.4% (22% above the U.S. rate of 3.6%). 5.5% of residents live below the poverty line. The area is home to 2,654 business establishments, including 273 restaurants.
Housing & Cost of Living
The median home value in Madison Heights is $181,300 , 36% below the national median of $281,900. Zillow estimates the typical home at $248,188. Median rent is $826/month, with 34.2% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1971.
Education
16.6% of adults in Madison Heights hold a bachelor's degree or higher (51% below the national average). 89.1% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Madison Heights has an average annual temperature of 56°F (13°C). Winters average 36°F in January while summers reach 76°F in July. Annual precipitation totals 42.8 inches.