Madison County, Idaho
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 $58,259 and per capita income of $23,024 — a gap of $35,235, indicating a strong family-earning economy with multiple earners per household.
Housing Affordability
With median gross rent at $965/month and a median household income of $58,259, rent consumes approximately 19.9% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $58,259, residents of Madison County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $23,024 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Madison County earns approximately 11.4% below the Idaho state median household income of $65,770.
Data Story
About Household Income in Madison County, Idaho
Madison lags U.S. income average
Madison County's median household income of $58,259 sits 22% below the national median of $74,755. This places the county in the lower-middle range nationally, though it reflects Idaho's rural character.
Below state average despite state ties
At $58,259, Madison's median income falls $7,511 short of Idaho's state average of $65,770. The county ranks in the lower half of Idaho's 44 counties.
Closest to Owyhee, trailing Minidoka
Madison's $58,259 income is nearly equal to neighboring Owyhee County's $59,773, but trails nearby Minidoka County's $70,060 by over $11,800. Regional variation in this corner of Idaho reflects differences in agricultural and industrial bases.
Rent burden manageable at 19.9%
Madison County households spend 19.9% of income on rent, slightly above the sustainable 15% threshold but still reasonable compared to national averages. With a median home value of $365,000, homeownership remains challenging but achievable for dual-income households.
Build long-term wealth through planning
Madison County families earning $58,259 annually can accelerate wealth-building by automating retirement savings and exploring first-time homebuyer programs. Starting even modest investments early—$100–200 monthly—compounds significantly over 20–30 years.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Madison County
Your income is above the Madison County median
County median: $58,259 per year
vs. County Median
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vs. State Average
-11%
vs. National Median
-22%
Income Adequacy
Your monthly income ($4,855) vs. median rent ($965/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.