Madison County, Nebraska
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 $64,637 and per capita income of $35,734 — a gap of $28,903, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $851/month and a median household income of $64,637, rent consumes approximately 15.8% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $64,637, residents of Madison County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $35,734 is in line with national norms for individual earners.
Neighbor Context
Madison County earns approximately 3.4% below the Nebraska state median household income of $66,880.
Data Story
About Household Income in Madison County, Nebraska
Madison County below U.S. income median
Madison County's median household income of $64,637 falls about $10,120 short of the national median of $74,755. While below average nationally, the county shows stronger economic positioning than many rural peers across the country.
Near Nebraska state average earnings
Madison County's $64,637 median income sits slightly below Nebraska's state average of $66,880, trailing by $2,243. The county ranks in the middle tier statewide, reflecting moderate economic conditions compared to other Nebraska communities.
Mixed performance versus region
Madison County earns more than Loup ($60,156), McPherson ($61,316), and Morrill ($59,773), but trails Nance ($65,438) and Logan ($71,650). Regional income variation reaches nearly $12,000 between the highest and lowest earners in this cluster.
Housing costs rise above comfort zone
Madison County's 15.8% rent-to-income ratio is the highest among these eight counties, signaling growing housing pressure on household budgets. With a median home value of $196,000—also the highest in the group—housing affordability deserves careful evaluation for many families.
Budget strategically around housing costs
Madison County residents should prioritize housing efficiency before investing, since rent and mortgages consume nearly 16% of income. Once housing is optimized, redirect savings into retirement accounts and diversified investments to build family wealth.
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: $64,637 per year
vs. County Median
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vs. State Average
-3%
vs. National Median
-14%
Income Adequacy
Your monthly income ($5,386) 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.