Madison County, Iowa

Income Data

+28% vs. Iowa average
$89,542
Median Household Income
$41,878
Per Capita Income

At a Glance

Median Household Income
$89,542
+28% vs. state avg
Per Capita Income
$41,878
+6% vs. national
Income-to-Housing Ratio
37.8%
income as % of home value
Rank in Iowa
#3 / 99
by median household income

How Madison County Compares

Madison County$89,542
Iowa Average$69,830
National Median$74,755

Detailed Income Statistics

$89,542
Median Household Income
$41,878
Per Capita Income
$236,900
Median Home Value
37.8%
Income-to-Housing Ratio

Data Story

About Household Income in Madison County, Iowa

Madison County earns well above national median

Madison County's median household income of $89,542 surpasses the U.S. median of $74,755 by $14,787—a 19.8% premium. This substantial advantage makes Madison one of Iowa's most prosperous counties.

Madison ranks highest in Iowa

At $89,542, Madison County's median household income ranks among the very top in Iowa, exceeding the state average of $69,830 by $19,712. The county consistently claims the highest or near-highest income ranking among all Iowa counties.

Madison far outpaces regional peers

Madison County's $89,542 significantly exceeds Marion County ($78,059) by $11,483 and Mahaska County ($69,019) by $20,523. This regional income leadership reflects Madison's proximity to the Des Moines metro area and strong workforce quality.

Housing highly affordable in Madison

At just 12.6%, Madison County's rent-to-income ratio ranks among Iowa's lowest, meaning rent consumes less than two weeks of monthly earnings. The median home value of $236,900 is very affordable for households earning $89,542 annually.

Madison offers wealth-building opportunities

Madison County's above-average incomes and favorable housing ratios position residents exceptionally well for wealth accumulation through investment and homeownership. With strong earnings and low housing costs, Madison households have substantial capacity to build emergency funds, invest, and secure long-term financial independence.

Frequently Asked Questions

What is the median household income in Madison County, Iowa?
The median household income in Madison County, Iowa is $89,542, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Madison County?
The per capita income in Madison County is $41,878, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $89,542.
How does Madison County compare to the Iowa average?
Madison County's median household income of $89,542 is higher than the Iowa state average of $69,830. The per capita income is $41,878, compared to the state average of $37,136.
What is the per capita income in Madison County, Iowa?
The per capita income in Madison County, Iowa is $41,878, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Madison County income higher than the Iowa average?
Madison County's median household income of $89,542 is higher than the Iowa average of $69,830. This difference of $19,712 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Madison County rank for income in Iowa?
Madison County ranks #3 out of 99 counties in Iowa by median household income (1 = highest). With a median household income of $89,542 and per capita income of $41,878, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Madison County

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Your income is above the Madison County median

County median: $89,542 per year

vs. County Median

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vs. State Average

+28%

vs. National Median

+20%

vs. Madison County MedianAbout equal
vs. Iowa Average28% above
vs. National Median20% above

Income Adequacy

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Your monthly income ($7,462) vs. median rent ($938/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.