Madison, WV
Full City Profile · West Virginia · Boone County County
3.1
/5.0
B
Good
2,840
Population
372/sq mi density
$57,073
Median Income
$30,987 per capita
$127,200
Home Value
$128,074 Zillow
$1,015
Median Rent
21.2% income on rent
56°F
Avg Temperature
293 sunny days/yr
238
Violent Crime/100K
4,120 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$57,073 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$127,200 home value, $1,015/mo rent
F
Safety
1.0 / 5.0
238 violent crimes/100K
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher
Income Overview
Median Household Income
$57,073
24% below
US avg: $75,149
Per Capita Income
$30,987
21% below
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
8.6%
31% below
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
$57,073
76%
Per Capita
US: $39,052
$30,987
79%
IRS Avg AGI
US: $72,000
$54,832
76%
Avg Weekly Wage
US: $1,432
$1,419
99%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,419
1% below US avg ($1,432)
Mean Commute Time
18 min
36% below US avg (28 min)
Work From Home
1.5%
90% below US avg (15.2%)
Drive Alone
74.3%
2% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,088M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
74.3%
Public Transit
0%
Work From Home
1.5%
Other
24.2%
Average commute time
18 minutes
US avg: 28 min
Business Landscape
Total Establishments
420
Restaurants
14
Healthcare
36
Retail
51
Manufacturing
3
Tax & Financial
IRS Avg Adjusted Gross Income
$54,832
24% below US avg ($72,000)
Avg Property Tax
$2,333
33% below US avg ($3,500)
Cost of Living Index
89.5
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $57,073 |
| Per Capita Income | $30,987 |
| IRS Avg Adjusted Gross Income | $54,832 |
| Avg Weekly Wage | $1,419 |
| County GDP | $1,088M |
Hardship Indicators
| Unemployment Rate | 3.1% |
| Poverty Rate | 8.6% |
| Gini Coefficient | 0.413 |
| Cost of Living Index | 89.5 |
Commute
| Mean Commute | 18 minutes |
| Drive Alone | 74.3% |
| Public Transit | 0.0% |
| Work From Home | 1.5% |
Businesses
| Total Establishments | 420 |
| Restaurants | 14 |
| Healthcare | 36 |
| Retail | 51 |
| Manufacturing | 3 |
Tax
| IRS Avg AGI | $54,832 |
| Avg Property Tax | $2,333 |
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