Madison Parish, Louisiana Income Statistics
Madison Parish Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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F
Madison Parish Well below averageAmong the 3 least wealthy counties in Louisiana
Source: Map AI Methodology
Income Statistics Overview
| Metric | Madison Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $35,793 | $60,934 | $80,455 |
| Median Personal Income | $39,931 | $53,184 | $60,758 |
| Average Yearly Income Growth | 4.6% | 3.7% | 4.8% |
| Six-Figure Earners | 3.1% | 9.7% | 13.9% |
| $200k+ Households | 2.6% | 7.8% | 13.2% |
The median household income in Madison Parish is about 41% lower than in Louisiana. Income has been growing faster in Madison Parish (4.6%/yr) than in Louisiana (3.7%/yr).
About 3% of adults in Madison Parish earn six figures ($100,000 or more) a year, lower than the Louisiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Madison Parish, Louisiana grew by 34.3% from 2009 to 2024, reaching $35,793 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Madison Parish
| Metric | Madison Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.635 | 0.574 | 0.552 |
| Male Median Income | $41,550 | $65,171 | $69,667 |
| Female Median Income | $36,308 | $47,031 | $56,850 |
| Gender Pay Gap | 12.6% | 27.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Madison Parish, it is 0.635, higher than Louisiana's 0.574, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 14% more than women's income in Madison Parish, Louisiana. Over a 35-year career, a 14% wage gap accumulates to roughly $183,470 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Madison Parish, Louisiana has narrowed from about 33% to 13% in 2024. Over that period the gap was widest at 38% in 2010, and in 2021 women out-earned men by 13%. In dollar terms, the gap has narrowed by $5,592 since 2009.
Employment
| Metric | Madison Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 6.2% | 5.2% |
| Working from Home | 3.2% | 8.1% | 15.0% |
| Commute time (minutes) | 13 | 21 | 22 |
Approximately 174 people are unemployed in Madison Parish, Louisiana.
The average commute time in Madison Parish is 13 minutes, shorter than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Madison Parish, Louisiana has fallen from 16.6% to 5.5% in 2024. Over that period the rate peaked at 20.0% in 2013 and fell as low as 5.1% in 2023.
Madison Parish, LA Wealth Compared With Nearby Counties
Madison Parish, LA is the 2nd largest of the 6 counties compared here, 9,514 residents against a local median of 7,072. The measure that sets Madison Parish, LA apart most is income growth: 4.6%/yr, 17% below the local median of 5.5%/yr. That is the weaker end of the local range on this measure.
The counties themselves spread 3.8%/yr on income growth, so Madison Parish, LA sits at one end of an already wide local range rather than apart from it. Madison Parish, LA has the 5th highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Madison Parish, LA | 9,514 | $35,793 #4/6 | 4.6%/yr #5/6 | 5.5% #3/6 | 0.635 #4/6 |
| East Carroll Parish, LA | 7,072 | $33,130 | 5.5%/yr | 13.9% | 0.675 |
| Tensas Parish, LA | 3,935 | $37,110 | 6.2%/yr | 11.4% | 0.543 |
| Warren County, MS | 43,020 | $59,098 | 4.9%/yr | 4.8% | 0.552 |
| Issaquena County, MS | 928 | $32,857 | 6.0%/yr | 5.1% | 0.648 |
| West Carroll Parish, LA | 9,464 | $45,939 | 2.3%/yr | 5.7% | 0.567 |
Conclusion
Considering all these factors, Madison Parish, Louisiana has an overall wealth index grade of F, making it worse than Louisiana, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Madison Parish, Louisiana.
How Rich Is Madison Parish, Louisiana?
Madison Parish has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $35,793, about 41% lower than the Louisiana average of $60,934.
Are incomes growing in Madison Parish, Louisiana?
Between 2009 and 2024, the median household income in Madison Parish, Louisiana rose 34%, from $26,650 to $35,793. Over the same years, income here lagged behind Louisiana as a whole: +34% against +44%.
What was the median household income in Madison Parish in 2023?
In 2023, the median household income in Madison Parish, Louisiana was $37,593, up 8% from $34,751 in 2022. The Louisiana median that year was $60,038.
What was the median household income in Madison Parish in 2020?
In 2020, the median household income in Madison Parish, Louisiana was $32,216. By 2024 it had risen 11% to $35,793.
What is the Gini coefficient in Madison Parish, Louisiana?
The Gini coefficient in Madison Parish is 0.635. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Madison Parish, Louisiana?
Since 2009, the income gap between men and women in Madison Parish, Louisiana has narrowed from about 33% to 13% in 2024. Over that period the gap was widest at 38% in 2010, and in 2021 women out-earned men by 13%. In dollar terms, the gap has narrowed by $5,592 since 2009.
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