Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 21,640 ↑ 2.1% since 2020 |
| Median Household Income | $58,628 21% below national median |
| Median Home Value | $263,500 |
| Unemployment Rate | 2.6% |
| Median Age | 44.5 years |
| Housing Vacancy Rate | 25.0% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 13,931 |
| Population (2020) | 13,837 |
| Population Growth | 0.68% |
| Median Household Income | $82,972 |
| Median Home Value | $331,400 |
| Total Housing Units | 6,110 |
| Vacant Housing Units | 718 |
| Housing Vacancy Rate | 11.8% |
| Median Age | 46.2 |
| Bachelor's Degree or Higher | 1,430 (10.3%) |
| Unemployment Rate | 2.6% |
Market Overview
Madison County, Virginia has a population of 13,931, which has grown 0.68% since 2020. The median household income is $82,972, above the national median of $74,580 by 11.3%. The housing vacancy rate of 11.8% suggests balanced market conditions. Madison County remains a key area for land acquisition in Virginia.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Madison County, Virginia?
As of the 2023 American Community Survey, Madison County has a population of 13,931. The county has grown 0.68% since the 2020 Census, indicating a growing community.
What is the median household income in Madison County?
The median household income in Madison County is $82,972, which is 11.3% above the national median of $74,580.
Is Madison County growing or shrinking?
Madison County is growing. The population has increased 0.68% since 2020.
What is the housing market like in Madison County?
The median home value in Madison County is $331,400. The housing vacancy rate is 11.8%, which suggests balanced market conditions. The unemployment rate is 2.6%, reflecting the local economic conditions.
Does Reelvest buy land in Madison County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Madison County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.