Madison County, Tennessee
Income Data
At a Glance
How Madison County Compares
Detailed Income Statistics
Data Story
About Household Income in Madison County, Tennessee
Madison County income below national median
Madison County's median household income of $58,189 trails the national median of $74,755 by $16,566, placing it in the bottom 40% of U.S. counties. The county's per capita income of $32,221 reflects a mix of agricultural, service, and light manufacturing employment.
Slightly below Tennessee's state average
At $58,189, Madison County's median household income is essentially aligned with Tennessee's state average of $58,994, making it representative of the typical Tennessee county. The county ranks near the statewide middle, with balanced economic conditions across the region.
Mid-tier earnings in this county group
Madison County's $58,189 median ranks in the middle of this eight-county grouping, exceeding western counties but trailing Lincoln ($63,115) and Loudon ($80,296). The county's position reflects a moderately diversified local economy with stable employment.
Rising housing costs strain affordability
Madison County's 22.2% rent-to-income ratio is the highest among these eight counties, indicating housing costs consume over one-fifth of household income—above the recommended 20% threshold. The median home value of $189,700 creates affordability pressure despite moderate county-level incomes.
Prioritize housing stability before investing
Madison County households earning $58,189 should first stabilize housing costs, as the elevated rent-to-income ratio limits discretionary savings. Once housing is secured, even modest investments of $75–$150 monthly can build meaningful retirement and education funds over time.
Frequently Asked Questions
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County median: $58,189 per year
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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.