The median household income in Madison, WV in 2022 was $62,836, which was 13.5% greater than the median annual income of $54,329 across the entire state of West Virginia. Compared to the median income of $29,911 in 2000 this represents an increase of 52.4%. The per capita income in 2022 was $28,053, which means an increase of 34.7% compared to 2000 when it was $18,309.
Whole page based on the data from 2000 / 2022 when the population of Madison, West Virginia was 2,677 / 2,851
Income statistics for all residents
Median household income in Madison, WV in 2022:
Madison:
$62,837
State:
$54,329
Change in median household income between 2000 and 2022:
Madison, West Virginia:
+110.1%
State:
+83.0%
Number of households with income < $10k:
Madison:
1.2% (12)
State:
7.1% (52,185)
Number of households with income $10k - 20k:
Madison:
9.4% (97)
West Virginia:
11.0% (81,114)
Number of households with income $20k - 30k:
Madison:
12.3% (127)
State:
10.5% (77,246)
Number of households with income $30k - 40k:
Madison:
8.0% (83)
State:
9.6% (70,812)
Number of households with income $40k - 50k:
Madison:
14.1% (146)
State:
8.2% (60,448)
Number of households with income $50k - 60k:
Madison:
4.5% (47)
State:
7.5% (55,191)
Number of households with income $60k - 75k:
Madison:
8.1% (84)
State:
9.9% (72,717)
Number of households with income $75k - 100k:
Madison:
16.2% (167)
State:
12.2% (89,685)
Number of households with income $100k - 125k:
Madison:
9.4% (97)
West Virginia:
8.8% (64,450)
Number of households with income $125k - 150k:
Madison:
7.7% (80)
West Virginia:
5.4% (39,984)
Number of households with income $150k - 200k:
Madison:
9.1% (94)
State:
5.1% (37,216)
Number of households with income > $200k:
Madison:
0.0% (0)
West Virginia:
4.8% (35,293)
Aggregate household income in Madison in 2022: $77,628,832
Median family income in Madison in 2022:
Madison:
$82,229
State:
$70,318
Number of families with income < $10k:
Madison:
1.0% (7)
State:
4.7% (21,958)
Number of families with income $10k - 20k:
Madison:
7.1% (47)
State:
5.6% (25,990)
Number of families with income $20k - 30k:
Madison:
4.0% (27)
State:
8.1% (37,431)
Number of families with income $30k - 40k:
Madison:
11.9% (80)
State:
8.2% (38,076)
Number of families with income $40k - 50k:
Madison:
1.7% (11)
West Virginia:
7.8% (36,276)
Number of families with income $50k - 60k:
Madison:
3.8% (25)
State:
7.7% (35,855)
Number of families with income $60k - 75k:
Madison:
12.6% (84)
State:
11.1% (51,575)
Number of families with income $75k - 100k:
Madison:
20.5% (137)
State:
14.7% (68,220)
Number of families with income $100k - 125k:
Madison:
11.5% (76)
State:
11.2% (51,983)
Number of families with income $125k - 150k:
Madison:
12.1% (81)
State:
7.2% (33,354)
Number of families with income $150k - 200k:
Madison:
13.8% (92)
State:
7.1% (32,736)
Median non-family income in Madison in 2022:
Madison:
$42,900
State:
$31,082
Median per capita income in Madison in 2022:
Madison:
$28,053
West Virginia:
$31,922
Change in median per capita income between 2000 and 2022:
Madison, West Virginia:
+53.2%
State:
+93.7%
Income statistics for White residents
Median household income in Madison, WV in 2022:
Madison:
$64,174
State:
$55,407
Change in median household income between 2000 and 2022:
Madison, West Virginia:
+111.1%
State:
+84.6%
Number of households with income < $10k:
Madison:
1.2% (12)
State:
6.6% (44,487)
Number of households with income $10k - 20k:
Madison:
9.6% (95)
State:
10.8% (73,331)
Number of households with income $20k - 30k:
Madison:
10.4% (103)
West Virginia:
10.3% (70,092)
Number of households with income $30k - 40k:
Madison:
8.2% (81)
State:
9.6% (64,693)
Number of households with income $40k - 50k:
Madison:
14.6% (144)
West Virginia:
8.3% (55,937)
Number of households with income $50k - 60k:
Madison:
4.7% (46)
West Virginia:
7.6% (51,718)
Number of households with income $60k - 75k:
Madison:
8.2% (81)
State:
10.1% (68,097)
Number of households with income $75k - 100k:
Madison:
17.0% (168)
West Virginia:
12.4% (84,323)
Number of households with income $100k - 125k:
Madison:
8.6% (85)
State:
9.0% (60,937)
Number of households with income $125k - 150k:
Madison:
8.0% (79)
State:
5.5% (36,957)
Number of households with income $150k - 200k:
Madison:
9.4% (93)
State:
5.1% (34,631)
Number of households with income > $200k:
Madison:
0.0% (0)
State:
4.7% (32,099)
Aggregate household income in Madison in 2022: $75,253,273
Median family income in Madison in 2022:
Madison:
$82,689
State:
$71,094
Number of families with income < $10k:
Madison:
1.0% (7)
State:
4.2% (18,159)
Number of families with income $10k - 20k:
Madison:
7.1% (47)
State:
5.5% (23,670)
Number of families with income $20k - 30k:
Madison:
3.8% (25)
State:
7.7% (33,068)
Number of families with income $30k - 40k:
Madison:
11.9% (78)
State:
8.1% (34,621)
Number of families with income $40k - 50k:
Madison:
1.7% (11)
West Virginia:
7.9% (33,944)
Number of families with income $50k - 60k:
Madison:
3.8% (25)
State:
8.0% (34,039)
Number of families with income $60k - 75k:
Madison:
12.3% (81)
State:
11.3% (48,141)
Number of families with income $75k - 100k:
Madison:
20.9% (137)
State:
15.1% (64,623)
Number of families with income $100k - 125k:
Madison:
11.5% (76)
State:
11.4% (48,882)
Number of families with income $125k - 150k:
Madison:
12.0% (79)
State:
7.3% (31,003)
Number of families with income $150k - 200k:
Madison:
13.8% (90)
State:
7.1% (30,474)
Median non-family income in Madison in 2022:
Madison:
$43,002
State:
$31,521
Change in median non-family income between 2000 and 2022:
Madison, West Virginia:
+149.5%
State:
+94.8%
Median per capita income in Madison in 2022:
Madison:
$28,566
State:
$32,764
Change in median per capita income between 2000 and 2022:
Madison, West Virginia:
+53.6%
State:
+97.2%
Income statistics for Black or African American residents
Number of households with income < $10k:
Madison:
0.0% (0)
State:
17.4% (3,775)
Number of households with income $10k - 20k:
Madison:
0.0% (0)
State:
14.8% (3,217)
Number of households with income $20k - 30k:
Madison:
100.0% (17)
State:
12.0% (2,603)
Number of households with income $30k - 40k:
Madison:
0.0% (0)
State:
14.5% (3,144)
Number of households with income $40k - 50k:
Madison:
0.0% (0)
West Virginia:
9.3% (2,022)
Number of households with income $50k - 60k:
Madison:
0.0% (0)
State:
4.2% (918)
Number of households with income $60k - 75k:
Madison:
0.0% (0)
State:
7.5% (1,623)
Number of households with income $75k - 100k:
Madison:
0.0% (0)
State:
6.3% (1,376)
Number of households with income $100k - 125k:
Madison:
0.0% (0)
State:
4.3% (929)
Number of households with income $125k - 150k:
Madison:
0.0% (0)
State:
3.1% (671)
Number of households with income $150k - 200k:
Madison:
0.0% (0)
State:
2.4% (515)
Number of households with income > $200k:
Madison:
0.0% (0)
State:
4.1% (881)
Aggregate household income in Madison in 2022: $1,347,152
Median per capita income in Madison in 2022:
Madison:
$16,826
State:
$22,493
Change in median per capita income between 2000 and 2022:
Madison, West Virginia:
+27.8%
State:
+81.5%
Income statistics for Asian residents
Aggregate household income in Madison in 2022: $430,384
Median per capita income in Madison in 2022:
Madison:
$11,933
West Virginia:
$45,853
Change in median per capita income between 2000 and 2022:
Madison, West Virginia:
+89.4%
State:
+60.3%
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