Madison County, Arkansas
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Madison County Compares
Detailed Income Statistics
Income Advisory: Madison County
Income Verdict
Madison County has a median household income of $53,888 and per capita income of $28,869 — a gap of $25,019, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $727/month and a median household income of $53,888, rent consumes approximately 16.2% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $53,888, residents of Madison County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $28,869 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Madison County earns approximately 5.3% above the Arkansas state median household income of $51,156, positioning it favorably within the state.
Data Story
About Household Income in Madison County, Arkansas
Madison income gap narrows slowly
Madison County's median household income of $53,888 lags the national median of $74,755 by roughly 28%, though it sits slightly above Arkansas's state average of $51,156. The county reflects the economic reality of rural northwestern Arkansas, with moderate but steady household earnings.
Holding middle ground in Arkansas
Madison County ranks near the median among Arkansas's 75 counties, with household income performance typical of rural Ozark communities. The relatively stable earnings reflect a mix of tourism, agriculture, and small-business activity.
Similar to Logan, trailing Lonoke
Madison County's $53,888 closely matches Logan County's $54,237, positioning the two as peers in western Arkansas's income tier. However, both trail Lonoke County ($71,449) by a significant margin, highlighting Lonoke's unique economic advantages.
Manageable housing costs support stability
Madison County's 16.2% rent-to-income ratio is well below the 30% affordability threshold, meaning housing costs remain comfortable for renters. Median home values of $157,800 align reasonably with local household incomes, supporting modest homeownership.
Start small, think long-term
Madison County's favorable housing-cost ratios free up household budgets for savings and investing, even on modest incomes. Open a high-yield savings account for emergencies, enroll in employer retirement plans, and explore low-cost index funds to build wealth over time.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Madison County median
County median: $53,888 per year
vs. County Median
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vs. State Average
+5%
vs. National Median
-28%
Income Adequacy
Your monthly income ($4,491) vs. median rent ($727/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.