Madison, West Virginia Demographics & Population 2026
During the 2020–2024 ACS period, Madison, West Virginia had a total population of 2,788, the 59th largest city in West Virginia, with a median household income of $58,872, which is 1% lower than the state average. The poverty rate is 12.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
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 | 2,840 | 2,788 | -1.8% |
| Median household income | $57,073 | $58,872 | +3.2% |
| Median home value | $127,200 | $147,900 | +16.3% |
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
A less diverse community where one racial or ethnic group represents a large majority.
State average: 19 | National average: 61
Education
Educational Attainment (Adults 25+)
Madison Rankings in West Virginia
Explore West Virginia Rankings
Other Cities in Boone County
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 |
|---|---|---|---|---|---|
| Follansbee | 2,757 | $58,371 | $133,900 | 22.8% | 8.1% |
| Fayetteville | 2,817 | $67,623 | $184,000 | 28.3% | 10.3% |
| Kenova | 2,944 | $53,683 | $109,000 | 14.3% | 9.0% |
| Milton | 2,817 | $46,429 | $143,900 | 18.3% | 23.3% |
| Philippi | 2,861 | $45,879 | $114,500 | 17.3% | 29.4% |
Population Overview
Madison is a small community located in West Virginia, within Boone County. The total population is 2,788. It ranks as the 59th most populous out of 429 Census-designated places in West Virginia.
Age Demographics
The median age in Madison is 42.7 years. This is about the same as the state median of 42.7 years.
Economy, Income & Housing
The median household income in Madison is $58,872. This is 1% lower than the state median of $59,608. It is also 27% lower than the national median of $80,734. The poverty rate stands at 12.9%. This is 23% lower than the state poverty rate of 16.7%. The unemployment rate is 3.6%. This is 34% lower than the state rate of 5.4%. The median home value is $147,900. Housing costs are 9% lower than the state median of $162,600. With a home-value-to-income ratio of just 2.5x, Madison is one of the most affordable housing markets in the area. 66.6% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 74.9%.
Race & Ethnicity
Madison has a predominantly White (non-Hispanic) population, comprising 92.1% of all residents. Black or African American residents account for 2.7%.
Education
20.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% lower than the state rate of 24.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.5%.
Data Sources & Methodology
All demographic data for Madison, West 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 West Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 429 Census-designated places in West 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, West Virginia?
Madison, West Virginia has a population of 2,788 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Madison, WV?
The median household income in Madison is $58,872, which is 27% lower than the national median of $80,734.
What is the poverty rate in Madison, WV?
The poverty rate in Madison is 12.9%. This means approximately 358 residents live below the federal poverty line.
What is the racial makeup of Madison, West Virginia?
Madison's population is 92.1% White, 2.7% Black, 2.0% Hispanic/Latino, and 0.9% Asian.
What is the median home value in Madison, WV?
The median home value in Madison is $147,900. The home-value-to-income ratio is 2.5x.
How educated is Madison, West Virginia?
20.6% of adults (25+) in Madison hold a bachelor's degree or higher, and 10.3% hold a graduate or professional degree.