Madison County, Kentucky
Income Data
At a Glance
How Madison County Compares
Detailed Income Statistics
Data Story
About Household Income in Madison County, Kentucky
Madison earns above the national median
Madison County's median household income of $62,407 sits 17% below the national median of $74,755, placing it in the middle range nationally. Per capita income here reaches $32,382, outpacing Kentucky's state average of $29,616 by 9%.
Ranks in top third statewide
Madison County ranks solidly within Kentucky's upper tier, with median household income exceeding the state average of $55,909 by $6,498. This positions the county among the stronger earners across all 120 Kentucky counties.
Competitive with regional peers
Madison's $62,407 household income edges out Marion County ($55,404) and Mason County ($51,473) in the same region. It runs slightly behind Marshall County ($63,611) and McCracken County ($62,385), reflecting consistent mid-tier economic performance across central Kentucky.
Rent absorbs modest share of income
At a rent-to-income ratio of 16.4%, Madison County residents spend a healthy percentage on housing—well below the national stress threshold of 30%. With a median home value of $220,700, homeownership remains attainable for households at the median income level.
Build financial security here
Madison County's above-average income provides a solid foundation for wealth-building through homeownership, retirement savings, and investment. Local residents should explore tax-advantaged accounts like IRAs and 401(k)s to maximize earnings growth beyond the median.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Madison County median
County median: $62,407 per year
vs. County Median
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vs. State Average
+12%
vs. National Median
-17%
Income Adequacy
Your monthly income ($5,201) vs. median rent ($851/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.