Virginia · Census place 48488
Madison town, VA
Quick answer
Madison town has 328 residents, ranking #527 of 688 places in Virginia. Median household income is $47,059, the median home is worth $312,500 and median gross rent runs $986 a month.
- Population
- 328Madison town residents
- Median household income
- $47,059Past 12 months, inflation adjusted
- Median home value
- $312,500Owner-occupied units
- Median gross rent
- $986Rent plus utilities, monthly
- Median age
- 40.3 yrsAll residents
- Homeownership rate
- 38.2%Owner-occupied households
What the numbers mean in Madison town
Housing cost measured against local earnings.
A household earning the Madison town median would spend about 25.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.1% of residents and 38.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Virginia.
- Cleveland town 346
- Selma CDP 333
- Metompkin CDP 330
- Willis Wharf CDP 322
- Clifton town 321
- Hilltown CDP 306
- Painter town 304
Keep going
More Virginia coverage.