Madison, Virginia Demographics & Population 2026
During the 2020–2024 ACS period, Madison, Virginia had a total population of 273, the 548th largest town in Virginia, with a median household income of $65,625, which is 30% lower than the state average. The poverty rate is 13.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 1.3%.
Madison Quick Facts
How Madison Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 328 | 273 | -16.8% |
| Median household income | $47,059 | $65,625 | +39.5% |
| Median home value | $312,500 | $334,400 | +7.0% |
How Madison Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Madison Rankings in Virginia
Explore Virginia Rankings
Other Cities in Madison County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Brightwood | 1,325 | $70,625 | 10.0% | $328,800 |
Cities Similar to Madison
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Flint Hill | 275 | $64,922 | $837,500 | 38.9% | 5.1% |
| Sherando | 281 | N/A | $239,300 | 8.9% | 9.3% |
| Pamplin City | 275 | $68,750 | $124,200 | 7.0% | 6.9% |
| Unionville | 262 | N/A | $227,400 | 8.1% | 0.0% |
| Weems | 279 | $61,389 | N/A | 50.3% | 2.5% |
A note before these figures: with a population of 273, Madison's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Madison is a small community located in Virginia, within Madison County. The total population is 273. It ranks as the 548th most populous out of 681 Census-designated places in Virginia.
Age Demographics
The median age in Madison is 39.8 years. This is 2% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Madison is $65,625. This is 30% lower than the state median of $93,170. It is also 19% lower than the national median of $80,734. The poverty rate stands at 13.2%. This is 33% higher than the state poverty rate of 9.9%. The unemployment rate is 1.3%. This is 70% lower than the state rate of 4.3%. The median home value is $334,400. Housing costs are 13% lower than the state median of $383,700. The home-value-to-income ratio is 5.1x. 45.8% of occupied housing units are owner-occupied. This homeownership rate is 32% lower than the state average of 67.3%.
Race & Ethnicity
The largest racial or ethnic group in Madison is White (non-Hispanic), making up 65.2% of the population. Black or African American residents account for 15.0%.
Education
15.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.5%.
Data Sources & Methodology
All demographic data for Madison, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Madison, Virginia?
Madison, Virginia has a population of 273 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Madison, VA?
The median household income in Madison is $65,625, which is 19% lower than the national median of $80,734.
What is the poverty rate in Madison, VA?
The poverty rate in Madison is 13.2%. This means approximately 36 residents live below the federal poverty line.
What is the racial makeup of Madison, Virginia?
Madison's population is 65.2% White, 15.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Madison, VA?
The median home value in Madison is $334,400. The home-value-to-income ratio is 5.1x.
How educated is Madison, Virginia?
15.1% of adults (25+) in Madison hold a bachelor's degree or higher, and 9.4% hold a graduate or professional degree.