Madison County, Nebraska Income Statistics
Madison County 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.
-
C
Madison County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Madison County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,671 | $76,615 | $80,455 |
| Median Personal Income | $51,497 | $56,814 | $60,758 |
| Average Yearly Income Growth | 3.3% | 4.3% | 4.8% |
| Six-Figure Earners | 8.2% | 11.4% | 13.9% |
| $200k+ Households | 7.1% | 9.4% | 13.2% |
The median household income in Madison County is about 18% lower than in Nebraska. Income has been growing slower in Madison County (3.3%/yr) than in Nebraska (4.3%/yr).
About 8% of adults in Madison County earn six figures ($100,000 or more) a year, lower than the Nebraska average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Madison County, Nebraska grew by 42.1% from 2009 to 2024, reaching $62,671 in 2024. That's an average of about 3.3% per year.
Income Inequality and the Gender Pay Gap in Madison County
| Metric | Madison County | Nebraska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.510 | 0.515 | 0.552 |
| Male Median Income | $61,390 | $65,618 | $69,667 |
| Female Median Income | $46,628 | $52,854 | $56,850 |
| Gender Pay Gap | 24.0% | 19.5% | 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 County, it is 0.510, about the same as Nebraska's 0.515, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 32% more than women's income in Madison County, Nebraska. Over a 35-year career, a 32% wage gap accumulates to roughly $516,670 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Madison County, Nebraska has stayed about the same since 2009, at around 24%. Over that period the gap was widest at 27% in 2013, and was narrowest at 21% in 2010. In dollar terms, the gap has widened by $5,772 since 2009.
Employment
| Metric | Madison County | Nebraska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.0% | 3.0% | 5.2% |
| Working from Home | 5.6% | 11.1% | 15.0% |
| Commute time (minutes) | 11 | 16 | 22 |
Approximately 550 people are unemployed in Madison County, Nebraska.
The average commute time in Madison County is 11 minutes, shorter than the 16 minutes in Nebraska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Madison County, Nebraska has fallen from 4.0% to 3.0% in 2024. Over that period the rate peaked at 4.6% in 2013 and fell as low as 2.5% in 2023.
Madison County, NE Wealth Compared With Nearby Counties
Madison County, NE is the largest of the 6 counties compared here, 35,532 residents against a local median of 6,305. Madison County, NE's unemployment, at 3.0%, runs 72% above the 1.7% typical of the counties around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 3.3%/yr against a local median of 4.1%/yr, 20% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Madison County, NE reads weaker than its neighbours on all of them. The counties themselves spread 1.1% on unemployment, so Madison County, NE sits at one end of an already wide local range rather than apart from it. Madison County, NE has the 6th lowest unemployment 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 County, NE | 35,532 | $62,671 #6/6 | 3.3%/yr #5/6 | 3.0% #6/6 | 0.510 #5/6 |
| Pierce County, NE | 7,325 | $72,928 | 4.1%/yr | 2.1% | 0.511 |
| Platte County, NE | 34,716 | $71,554 | 2.6%/yr | 2.0% | 0.492 |
| Stanton County, NE | 5,796 | $79,437 | 3.8%/yr | 1.0% | 0.494 |
| Boone County, NE | 5,356 | $74,910 | 4.5%/yr | 1.2% | 0.501 |
| Antelope County, NE | 6,305 | $66,383 | 4.6%/yr | 1.7% | 0.492 |
Conclusion
Considering all these factors, Madison County, Nebraska has an overall wealth index grade of C, making it about on par with Nebraska, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Madison County, Nebraska.
How Rich Is Madison County, Nebraska?
Madison County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $62,671, about 18% lower than the Nebraska average of $76,615.
How has median household income changed in Madison County, Nebraska?
Between 2009 and 2024, the median household income in Madison County, Nebraska rose 42%, from $44,100 to $62,671. Over the same years, income here lagged behind Nebraska as a whole: +42% against +60%.
What was the median household income in Madison County in 2023?
In 2023, the median household income in Madison County, Nebraska was $64,770, up 6% from $61,039 in 2022. The Nebraska median that year was $74,986.
What was the median household income in Madison County in 2020?
In 2020, the median household income in Madison County, Nebraska was $52,648. By 2024 it had risen 19% to $62,671.
What is the Gini coefficient in Madison County, Nebraska?
The Gini coefficient in Madison County is 0.510. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Madison County, Nebraska?
The income gap between men and women in Madison County, Nebraska has stayed about the same since 2009, at around 24%. Over that period the gap was widest at 27% in 2013, and was narrowest at 21% in 2010. In dollar terms, the gap has widened by $5,772 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →