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Madison, VA
Full City Profile · Virginia · Madison County County
2.2
/5.0
C
Fair
328
Population
1,367/sq mi density
$47,059
Median Income
$30,821 per capita
$312,500
Home Value
$381,273 Zillow
$986
Median Rent
30.0% income on rent
56°F
Avg Temperature
293 sunny days/yr
368
Violent Crime/100K
1,903 property/100K
C
Overall
2.2 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$47,059 median income, 4.5% unemployment
C+
Affordability
2.9 / 5.0
$312,500 home value, $986/mo rent
F
Safety
1.0 / 5.0
368 violent crimes/100K
C
Education
2.0 / 5.0
12.7% bachelor's degree or higher
Income Overview
Median Household Income
$47,059
37% below
US avg: $75,149
Per Capita Income
$30,821
21% below
US avg: $39,052
Unemployment Rate
4.5%
25% above
US avg: 3.6%
Poverty Rate
21.8%
76% above
US avg: 12.4%
Income Comparison: Madison vs. U.S. Average
Each bar shows Madison’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$47,059
63%
Per Capita
US: $39,052
$30,821
79%
IRS Avg AGI
US: $72,000
$79,421
110%
Avg Weekly Wage
US: $1,432
$964
67%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$964
33% below US avg ($1,432)
Mean Commute Time
31 min
13% above US avg (28 min)
Work From Home
10.4%
32% below US avg (15.2%)
Drive Alone
73.4%
0% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$521M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
73.4%
Public Transit
0%
Work From Home
10.4%
Other
16.2%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
476
Restaurants
19
Healthcare
23
Retail
33
Manufacturing
12
Tax & Financial
IRS Avg Adjusted Gross Income
$79,421
10% above US avg ($72,000)
Avg Property Tax
$3,650
4% 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 | $47,059 |
| Per Capita Income | $30,821 |
| IRS Avg Adjusted Gross Income | $79,421 |
| Avg Weekly Wage | $964 |
| County GDP | $521M |
Hardship Indicators
| Unemployment Rate | 4.5% |
| Poverty Rate | 21.8% |
| Gini Coefficient | 0.420 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 73.4% |
| Public Transit | 0.0% |
| Work From Home | 10.4% |
Businesses
| Total Establishments | 476 |
| Restaurants | 19 |
| Healthcare | 23 |
| Retail | 33 |
| Manufacturing | 12 |
Tax
| IRS Avg AGI | $79,421 |
| Avg Property Tax | $3,650 |