Madison town, Virginia Demographics & Population 2026

Name: Madison town, Virginia Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Madison town, Virginia has a total population of 328, the 527th largest city in Virginia, with a median household income of $47,059, which is 48% lower than the state average. The poverty rate is 24.1%.

Key Takeaways

Household income is 48% below the state average, indicating significant economic challenges.

Madison town Quick Facts

Population 328

Median Household Income $47,059

Median Home Value $312,500

Poverty Rate 24.1%

Unemployment Rate 6.5%

Median Age 40.3 years

Homeownership Rate 38.2%

Affordability Ratio 6.6x

Bachelor's Degree or Higher 12.8%

High School Graduation Rate 88.4%

Diversity Index 42/100

Population 328 527th of 681

Median Income $47,059 bottom 30%

Poverty Rate 24.1% 94% higher national

Median Home Value $312,500 above average

How Madison town Compares

Median Household Income

Madison town

$47,059

$90,974

National

$78,538

Median Home Value

Madison town

$312,500

$360,700

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 30.9%

$25K-$50K 21.1%

$50K-$100K 22.4%

$100K+ 25.7%

Employment

6.5% Unemployment Rate State: 4.3% | National: 5.2%

69.3% Labor Force Participation

Housing Overview

Owner 38.2%

Renter 61.8%

Affordability Index Expensive

6.6x home value to income ratio

People & Demographics

Age Distribution

Under 18

21.3%

18-34

17.4%

35-54

26.8%

55-74

29.0%

75+

5.5%

Race & Ethnicity

Diversity Index

Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 60 | National average: 60

Education

Educational Attainment (Adults 25+)

Madison town Rankings in Virginia

#527 Population of 681

#465 Median Income of 681

#527 Education of 681

#223 Home Value of 681

Explore Virginia Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Madison town

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Willis Wharf CDP	322	N/A	N/A	51.5%	2.8%
Moneta CDP	301	N/A	$302,700	30.3%	24.3%
Bowmans Crossing CDP	349	$50,333	$144,200	0.0%	0.0%
Keokee CDP	294	N/A	N/A	3.3%	7.9%
White Stone town	355	$50,795	$182,600	18.8%	8.5%

Population Overview

Madison town is a small community located in Virginia. The total population is 328. It ranks as the 527th most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Madison town is 40.3 years. This is 4% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Madison town is $47,059. This is 48% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 40% lower. The poverty rate stands at 24.1%. This is 143% higher than the state poverty rate of 9.9%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.5%. This is 51% higher than the state rate of 4.3%. The median home value is $312,500. Housing costs are 13% lower than the state median of $360,700. The home-value-to-income ratio of 6.6x suggests that housing affordability is a significant concern for many residents. 38.2% of occupied housing units are owner-occupied. This homeownership rate is 43% lower than the state average of 67.2%.

Race & Ethnicity

The largest racial or ethnic group in Madison town is White (non-Hispanic), making up 72.9% of the population. Black or African American residents account for 14.6%.

Education

12.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 69% lower than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.4%.

Data Sources & Methodology

All demographic data for Madison town, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Madison town, Virginia?

Madison town, Virginia has a population of 328 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Madison town, VA?

The median household income in Madison town is $47,059, which is 40% lower the national median of $78,538.

What is the poverty rate in Madison town, VA?

The poverty rate in Madison town is 24.1%. This means approximately 79 residents live below the federal poverty line.

What is the racial makeup of Madison town, Virginia?

Madison town's population is 72.9% White, 14.6% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Madison town, VA?

The median home value in Madison town is $312,500. The home-value-to-income ratio is 6.6x.

How educated is Madison town, Virginia?

12.8% of adults (25+) in Madison town hold a bachelor's degree or higher, and 6.4% hold a graduate or professional degree.