Skip to main content

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

Population 2,788
Median Household Income $58,872
Median Home Value $147,900
Poverty Rate 12.9%
Unemployment Rate 3.6%
Median Age 42.7 years
Homeownership Rate 66.6%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 20.6%
High School Graduation Rate 92.5%
Diversity Index 15/100
Population 2,788 59th of 429
Median Income $58,872 above average
Poverty Rate 12.9% 4% higher than national
Median Home Value $147,900 above average

How Madison Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,8402,788-1.8%
Median household income$57,073$58,872+3.2%
Median home value$127,200$147,900+16.3%

How Madison Compares

Economy & Housing

Household Income Distribution

Under $25K 14.3%
$25K-$50K 22.8%
$50K-$100K 28.9%
$100K+ 34.0%
Detailed income brackets
Under $10K
6.2%
$10K-$15K
4.5%
$15K-$20K
2.4%
$20K-$25K
1.1%
$25K-$30K
5.6%
$30K-$35K
0.8%
$35K-$40K
5.0%
$40K-$45K
3.3%
$45K-$50K
8.1%
$50K-$60K
16.8%
$60K-$75K
4.3%
$75K-$100K
7.8%
$100K-$125K
10.8%
$125K-$150K
2.8%
$150K-$200K
16.1%
$200K+
4.3%

Employment

3.6% Unemployment Rate State: 5.4%|National: 5.2%
60.5% Labor Force Participation

Housing Overview

Owner 66.6%
Renter 33.4%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $944/mo 19.2% of median household income annually

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 19 | National average: 61

Education

Madison Rankings in West Virginia

#59 Population of 429
#136 Median Income of 337
#150 Education of 429
#106 Home Value of 331

Other Cities in Boone County

CityPopulationMedian IncomePovertyHome Value
Danville 549 $23,571 25.7% $91,900
Racine 331 N/A 11.5% $114,900
Whitesville 266 $47,917 15.4% $96,700
Greenview 254 $59,042 46.5% N/A
Comfort 220 $97,222 0.0% N/A
Van 214 $75,000 12.6% $52,900
Sylvester 131 N/A 19.1% $78,100
Twilight 97 N/A 47.4% N/A

Cities Similar to Madison

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Follansbee2,757$58,371$133,90022.8%8.1%
Fayetteville2,817$67,623$184,00028.3%10.3%
Kenova2,944$53,683$109,00014.3%9.0%
Milton2,817$46,429$143,90018.3%23.3%
Philippi2,861$45,879$114,50017.3%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.

Free data download: Get all West Virginia city and county demographics as CSV. Download Cities CSV | Download Counties CSV

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.