Madison, VA
Full City Profile · Virginia · Madison County County
Madison, VA
At a Glance
How Madison Compares to the U.S. Average
Each bar shows Madison's value as a percentage of the national average (100% = U.S. avg)
Is Madison a Good Place to Live?
Economy & Jobs
Madison residents earn a median household income of $47,059 , which is 37% below the national average of $75,149. Per capita income is $30,821. The unemployment rate stands at 6.5% (81% above the U.S. rate of 3.6%). 21.8% of residents live below the poverty line. The area is home to 476 business establishments, including 19 restaurants.
Housing & Cost of Living
The median home value in Madison is $312,500 , 11% above the national median of $281,900. Zillow estimates the typical home at $397,893. Median rent is $986/month, with 30.0% 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 1941.
Education
12.7% of adults in Madison hold a bachelor's degree or higher (62% below the national average). 88.4% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Madison has an average annual temperature of 56°F (13°C). Winters average 35°F in January while summers reach 76°F in July. Annual precipitation totals 45.0 inches. Air quality is rated Good with a median AQI of 41.