Madison County, North Carolina
Income Data
At a Glance
How Madison County Compares
Detailed Income Statistics
Data Story
About Household Income in Madison County, North Carolina
Madison earns below the national average
Madison County's median household income of $58,628 falls short of the U.S. median of $74,755—a gap of $16,127 per year. This puts the county in the lower half of American counties by income, though many rural counties share similar economic profiles.
Mid-range earner within North Carolina
Madison County's $58,628 median household income sits below North Carolina's state average of $61,072, ranking it in the middle tier of the state's 100 counties. The county earns slightly less per capita ($33,738 vs. state average $33,920), reflecting modest individual earning power.
Outpaces nearby rural mountain counties
Madison County earns more than McDowell County ($55,527) and Montgomery County ($55,849), positioning it above many of its neighboring Appalachian communities. However, it trails nearby Mitchell County ($58,089) and significantly lags the prosperous Piedmont region represented by Mecklenburg County ($83,765).
Housing remains affordable here
At a 15.6% rent-to-income ratio, Madison County offers strong housing affordability—well below the 30% threshold that experts consider sustainable. The median home value of $263,500 is accessible for households earning the county median, though rising property values warrant monitoring.
Build security with consistent planning
Madison County residents earning $58,628 annually have room to invest after covering basic expenses—particularly those with lower housing costs. Starting with emergency savings, then moving into retirement accounts and diversified investments, can help bridge the income gap with wealthier regions 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: $58,628 per year
vs. County Median
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vs. State Average
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vs. National Median
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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.