The median household income in Madison, MD in 2022 was $100,093, which was 5.1% greater than the median annual income of $94,991 across the entire state of Maryland. Compared to the median income of $34,077 in 2000 this represents an increase of 66.0%. The per capita income in 2022 was $51,891, which means an increase of 63.5% compared to 2000 when it was $18,929.
Whole page based on the data from 2000 / 2022 when the population of Madison, Maryland was 204 / 213
Income statistics for all residents
Median household income in Madison, MD in 2022:
Madison:
$100,094
Maryland:
$94,991
Number of households with income < $10k:
Madison:
6.7% (6)
Maryland:
4.8% (114,450)
Number of households with income $10k - 20k:
Madison:
6.7% (6)
State:
5.0% (117,883)
Number of households with income $20k - 30k:
Madison:
0.0% (0)
State:
5.2% (123,350)
Number of households with income $30k - 40k:
Madison:
0.0% (0)
State:
5.6% (134,104)
Number of households with income $40k - 50k:
Madison:
15.6% (14)
State:
5.6% (132,932)
Number of households with income $50k - 60k:
Madison:
6.7% (6)
State:
5.6% (132,707)
Number of households with income $60k - 75k:
Madison:
0.0% (0)
State:
7.9% (188,335)
Number of households with income $75k - 100k:
Madison:
0.0% (0)
State:
12.5% (297,873)
Number of households with income $100k - 125k:
Madison:
23.3% (21)
State:
10.5% (250,497)
Number of households with income $125k - 150k:
Madison:
0.0% (0)
Maryland:
8.1% (193,208)
Number of households with income $150k - 200k:
Madison:
27.8% (25)
State:
11.6% (274,905)
Number of households with income > $200k:
Madison:
13.3% (12)
State:
17.5% (415,740)
Aggregate household income in Madison in 2022: $9,948,637
Median family income in Madison in 2022:
Madison:
$101,749
State:
$117,294
Number of families with income $10k - 20k:
Madison:
6.8% (6)
Maryland:
2.6% (40,126)
Number of families with income $40k - 50k:
Madison:
17.6% (15)
State:
4.8% (74,112)
Number of families with income $50k - 60k:
Madison:
7.4% (6)
State:
5.0% (77,590)
Number of families with income $100k - 125k:
Madison:
24.5% (21)
Maryland:
11.2% (173,203)
Number of families with income $150k - 200k:
Madison:
29.7% (25)
Maryland:
14.2% (218,861)
Number of families with income > $200k:
Madison:
14.0% (12)
State:
23.2% (359,182)
Median income for 2 person families:
Madison:
$100,651
Maryland:
$100,435
Median income for families with 0 earners:
Madison:
$0
State:
$62,351
Median income for families with 1 earner:
Madison:
$45,569
Maryland:
$78,079
Median income for families with 2 earners:
Madison:
$0
Maryland:
$145,993
Median income for families with 3+ earners:
Madison:
$0
State:
$179,002
Median per capita income in Madison in 2022:
Madison:
$51,891
Maryland:
$49,236
Income statistics for White residents
Median household income in Madison, MD in 2022:
Madison:
$101,148
State:
$107,160
Number of households with income < $10k:
Madison:
7.2% (6)
Maryland:
3.7% (47,387)
Number of households with income $10k - 20k:
Madison:
7.2% (6)
State:
4.1% (52,102)
Number of households with income $20k - 30k:
Madison:
0.0% (0)
Maryland:
4.6% (58,758)
Number of households with income $30k - 40k:
Madison:
0.0% (0)
State:
4.7% (59,745)
Number of households with income $40k - 50k:
Madison:
16.9% (14)
Maryland:
5.0% (62,576)
Number of households with income $50k - 60k:
Madison:
7.2% (6)
State:
5.1% (64,484)
Number of households with income $60k - 75k:
Madison:
0.0% (0)
State:
7.7% (97,019)
Number of households with income $75k - 100k:
Madison:
0.0% (0)
State:
11.8% (149,205)
Number of households with income $100k - 125k:
Madison:
24.1% (20)
State:
10.6% (134,231)
Number of households with income $125k - 150k:
Madison:
0.0% (0)
State:
8.8% (111,081)
Number of households with income $150k - 200k:
Madison:
30.1% (25)
Maryland:
12.9% (162,966)
Number of households with income > $200k:
Madison:
7.2% (6)
State:
20.9% (264,377)
Aggregate household income in Madison in 2022: $8,111,252
Median family income in Madison in 2022:
Madison:
$102,546
State:
$134,708
Number of families with income $10k - 20k:
Madison:
8.0% (6)
Maryland:
2.0% (16,048)
Number of families with income $40k - 50k:
Madison:
17.1% (13)
State:
3.6% (29,194)
Number of families with income $50k - 60k:
Madison:
8.0% (6)
State:
4.1% (33,120)
Number of families with income $100k - 125k:
Madison:
26.5% (20)
State:
11.3% (91,483)
Number of families with income $150k - 200k:
Madison:
32.9% (25)
State:
16.0% (130,295)
Number of families with income > $200k:
Madison:
7.6% (6)
State:
28.1% (228,324)
Median per capita income in Madison in 2022:
Madison:
$50,221
State:
$59,750
Change in median per capita income between 2000 and 2022:
Madison, Maryland:
+133.6%
Maryland:
+104.5%
Income statistics for Black or African American residents
Median per capita income in Madison in 2022:
Madison:
$593
State:
$40,756
Income statistics for Asian residents
Aggregate household income in Madison in 2022: $35,452,810
Median per capita income in Madison in 2022:
Madison:
$49,195
State:
$53,546
Change in median per capita income between 2000 and 2022:
Madison, Maryland:
+147.1%
State:
+122.9%
Income statistics for Hispanic or Latino residents
Median per capita income in Madison in 2022:
Madison:
$27,061
Maryland:
$29,024
Change in median per capita income between 2000 and 2022:
Madison, Maryland:
+92.8%
State:
+79.2%
Income statistics for Multirace residents
Aggregate household income in Madison in 2022: $47,521,172
Income statistics for other residents
Median per capita income in Madison in 2022:
Madison:
$15,681
State:
$24,415
Change in median per capita income between 2000 and 2022:
Madison, Maryland:
+86.2%
Maryland:
+73.6%
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