The median household income in Madison, VA in 2022 was $41,735, which was 105.8% less than the median annual income of $85,873 across the entire state of Virginia. Compared to the median income of $32,188 in 2000 this represents an increase of 22.9%. The per capita income in 2022 was $23,444, which means an increase of 8.5% compared to 2000 when it was $21,445.
Whole page based on the data from 2000 / 2022 when the population of Madison, Virginia was 210 / 386
Income statistics for all residents
Median household income in Madison, VA in 2022:
Madison:
$41,735
Virginia:
$85,873
Change in median household income between 2000 and 2022:
Madison, Virginia:
+29.7%
State:
+84.0%
Number of households with income < $10k:
Madison:
14.8% (23)
State:
4.9% (165,315)
Number of households with income $10k - 20k:
Madison:
9.7% (15)
State:
5.9% (199,380)
Number of households with income $20k - 30k:
Madison:
12.9% (20)
Virginia:
6.0% (202,243)
Number of households with income $30k - 40k:
Madison:
5.2% (8)
State:
6.1% (205,967)
Number of households with income $40k - 50k:
Madison:
12.9% (20)
Virginia:
6.4% (215,648)
Number of households with income $50k - 60k:
Madison:
5.8% (9)
State:
6.2% (210,516)
Number of households with income $60k - 75k:
Madison:
9.7% (15)
State:
8.6% (292,112)
Number of households with income $75k - 100k:
Madison:
8.4% (13)
State:
12.2% (412,198)
Number of households with income $100k - 125k:
Madison:
10.3% (16)
State:
10.3% (348,998)
Number of households with income $125k - 150k:
Madison:
9.0% (14)
State:
7.7% (261,236)
Number of households with income $150k - 200k:
Madison:
0.0% (0)
State:
10.3% (347,282)
Number of households with income > $200k:
Madison:
1.3% (2)
Virginia:
15.4% (519,712)
Aggregate household income in Madison in 2022: $8,522,840
Median family income in Madison in 2022:
Madison:
$50,851
Virginia:
$107,101
Number of families with income < $10k:
Madison:
4.4% (5)
State:
2.8% (61,637)
Number of families with income $10k - 20k:
Madison:
12.7% (13)
State:
3.3% (71,807)
Number of families with income $20k - 30k:
Madison:
23.2% (24)
State:
4.0% (87,860)
Number of families with income $30k - 40k:
Madison:
4.7% (5)
State:
4.7% (103,002)
Number of families with income $40k - 50k:
Madison:
3.2% (3)
Virginia:
5.4% (118,579)
Number of families with income $50k - 60k:
Madison:
12.5% (13)
Virginia:
5.5% (120,924)
Number of families with income $60k - 75k:
Madison:
2.0% (2)
Virginia:
8.2% (180,564)
Number of families with income $75k - 100k:
Madison:
12.8% (13)
Virginia:
12.6% (277,221)
Number of families with income $100k - 125k:
Madison:
8.9% (9)
Virginia:
11.3% (248,485)
Number of families with income $125k - 150k:
Madison:
13.6% (14)
State:
9.0% (197,999)
Number of families with income > $200k:
Madison:
2.0% (2)
State:
20.3% (445,515)
Median per capita income in Madison in 2022:
Madison:
$23,445
Virginia:
$47,199
Change in median per capita income between 2000 and 2022:
Madison, Virginia:
+9.3%
Virginia:
+96.9%
Income statistics for White residents
Median household income in Madison, VA in 2022:
Madison:
$51,860
Virginia:
$91,924
Change in median household income between 2000 and 2022:
Madison, Virginia:
+51.8%
State:
+81.9%
Number of households with income < $10k:
Madison:
7.5% (9)
Virginia:
4.1% (90,549)
Number of households with income $10k - 20k:
Madison:
10.0% (12)
Virginia:
5.2% (114,324)
Number of households with income $20k - 30k:
Madison:
12.5% (15)
State:
5.7% (125,676)
Number of households with income $30k - 40k:
Madison:
4.2% (5)
State:
5.5% (121,220)
Number of households with income $40k - 50k:
Madison:
15.8% (19)
State:
6.0% (133,011)
Number of households with income $50k - 60k:
Madison:
7.5% (9)
State:
6.2% (136,856)
Number of households with income $60k - 75k:
Madison:
12.5% (15)
State:
8.4% (186,094)
Number of households with income $75k - 100k:
Madison:
8.3% (10)
State:
12.5% (277,077)
Number of households with income $100k - 125k:
Madison:
12.5% (15)
State:
10.8% (237,562)
Number of households with income $125k - 150k:
Madison:
7.5% (9)
State:
8.0% (177,532)
Number of households with income $150k - 200k:
Madison:
0.0% (0)
Virginia:
11.0% (242,106)
Number of households with income > $200k:
Madison:
1.7% (2)
State:
16.6% (366,064)
Aggregate household income in Madison in 2022: $7,012,941
Median family income in Madison in 2022:
Madison:
$49,616
Virginia:
$114,708
Number of families with income $10k - 20k:
Madison:
15.0% (13)
State:
2.5% (35,529)
Number of families with income $20k - 30k:
Madison:
27.2% (24)
State:
3.5% (49,027)
Number of families with income $30k - 40k:
Madison:
5.1% (5)
State:
3.8% (53,514)
Number of families with income $40k - 50k:
Madison:
3.4% (3)
State:
4.7% (66,206)
Number of families with income $50k - 60k:
Madison:
14.1% (13)
State:
5.2% (74,438)
Number of families with income $60k - 75k:
Madison:
2.3% (2)
Virginia:
8.2% (116,265)
Number of families with income $75k - 100k:
Madison:
11.1% (10)
State:
12.9% (183,581)
Number of families with income $100k - 125k:
Madison:
10.0% (9)
State:
11.9% (168,950)
Number of families with income $125k - 150k:
Madison:
9.6% (9)
State:
9.5% (134,452)
Number of families with income > $200k:
Madison:
2.2% (2)
Virginia:
22.1% (313,072)
Median non-family income in Madison in 2022:
Madison:
$55,987
Virginia:
$53,785
Change in median non-family income between 2000 and 2022:
Madison, Virginia:
+104.8%
State:
+70.5%
Median per capita income in Madison in 2022:
Madison:
$23,593
State:
$53,456
Change in median per capita income between 2000 and 2022:
Madison, Virginia:
+1.8%
Virginia:
+99.2%
Income statistics for Black or African American residents
Number of households with income < $10k:
Madison:
40.9% (9)
Virginia:
8.3% (52,649)
Number of households with income $10k - 20k:
Madison:
13.6% (3)
State:
9.6% (60,583)
Number of households with income $20k - 30k:
Madison:
13.6% (3)
State:
8.1% (51,220)
Number of households with income $30k - 40k:
Madison:
9.1% (2)
State:
8.6% (54,185)
Number of households with income $40k - 50k:
Madison:
0.0% (0)
State:
8.1% (51,156)
Number of households with income $50k - 60k:
Madison:
0.0% (0)
State:
7.0% (44,637)
Number of households with income $60k - 75k:
Madison:
0.0% (0)
Virginia:
9.8% (62,332)
Number of households with income $75k - 100k:
Madison:
0.0% (0)
State:
11.4% (72,479)
Number of households with income $100k - 125k:
Madison:
0.0% (0)
Virginia:
8.5% (53,997)
Number of households with income $125k - 150k:
Madison:
22.7% (5)
State:
6.3% (40,032)
Number of households with income $150k - 200k:
Madison:
0.0% (0)
Virginia:
6.9% (43,513)
Number of households with income > $200k:
Madison:
0.0% (0)
Virginia:
7.4% (46,851)
Aggregate household income in Madison in 2022: $909,539
Median per capita income in Madison in 2022:
Madison:
$37,175
Virginia:
$34,599
Change in median per capita income between 2000 and 2022:
Madison, Virginia:
+122.4%
Virginia:
+119.8%
Income statistics for Multirace residents
Aggregate household income in Madison in 2022: $785,543
Median per capita income in Madison in 2022:
Madison:
$7,937
State:
$34,385
Change in median per capita income between 2000 and 2022:: -55.9%
Madison, Virginia:
-55.9%
State:
+130.2%
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