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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 Rate2.8%
Poverty Rate5.5%
Gini Coefficient0.448
Cost of Living Index101.1

Commute

Mean Commute23 minutes
Drive Alone79.8%
Public Transit0.0%
Work From Home8.7%

Businesses

Total Establishments2,654
Restaurants273
Healthcare280
Retail337
Manufacturing71

Tax

IRS Avg AGI$67,363
Avg Property Tax$3,881