Madison Heights, VA
Full City Profile · Virginia · Lynchburg city County
3.1
/5.0
B
Good
10,398
Population
542/sq mi density
$62,727
Median Income
$35,746 per capita
$181,300
Home Value
$239,739 Zillow
$826
Median Rent
34.2% income on rent
55°F
Avg Temperature
305 sunny days/yr
467
Violent Crime/100K
2,533 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$62,727 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$181,300 home value, $826/mo rent
F
Safety
1.0 / 5.0
467 violent crimes/100K (23% above avg)
C
Education
2.3 / 5.0
16.6% bachelor's degree or higher
Income Overview
Median Household Income
$62,727
17% below
US avg: $75,149
Per Capita Income
$35,746
8% below
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
5.5%
56% below
US avg: 12.4%
Income Comparison: Madison Heights vs. U.S. Average
Each bar shows Madison Heights’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,727
83%
Per Capita
US: $39,052
$35,746
92%
IRS Avg AGI
US: $72,000
$67,363
94%
Avg Weekly Wage
US: $1,432
$1,129
79%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,129
21% below US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
8.7%
43% below US avg (15.2%)
Drive Alone
79.8%
9% above US avg (73.2%)
Public Transit
0.0%
99% below US avg (5.0%)
How Residents Get to Work
Drive Alone
79.8%
Public Transit
0%
Work From Home
8.7%
Other
11.5%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,654
Restaurants
273
Healthcare
280
Retail
337
Manufacturing
71
Tax & Financial
IRS Avg Adjusted Gross Income
$67,363
6% below US avg ($72,000)
Avg Property Tax
$3,881
11% above US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,727 |
| Per Capita Income | $35,746 |
| IRS Avg Adjusted Gross Income | $67,363 |
| Avg Weekly Wage | $1,129 |
Hardship Indicators
| Unemployment Rate | 2.8% |
| Poverty Rate | 5.5% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 79.8% |
| Public Transit | 0.0% |
| Work From Home | 8.7% |
Businesses
| Total Establishments | 2,654 |
| Restaurants | 273 |
| Healthcare | 280 |
| Retail | 337 |
| Manufacturing | 71 |
Tax
| IRS Avg AGI | $67,363 |
| Avg Property Tax | $3,881 |
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