Wealth Index
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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Income Statistics Overview
| Metric | Madison County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,853 | $69,937 | $78,145 |
| Median Personal Income | $58,853 | $69,937 | $78,145 |
| Average income growth | 5.6% | 5.6% | 5.6% |
Household Income Trend
Median Household Income Over Time
Madison County
United States
Economic Inequality in Madison County | Gender Pay Gap | Gini Index
| Metric | Madison County | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Index | 0.554 | 0.561 | 0.570 |
| Male Median Income | $54,230 | $60,778 | $67,746 |
| Female Median Income | $50,450 | $50,560 | $54,793 |
| Gender Pay Gap | 7.0% | 16.8% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Madison County | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 4.7% | 5.2% |
| Working from Home | 11.5% | 14.5% | 13.4% |
| Commute time (minutes) | 28 | 21 | 22 |
Unemployment Rate Over Time
Madison County
United States