Madison County, Ohio 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.
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C
Madison County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Madison County | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $88,282 | $71,509 | $80,455 |
| Median Personal Income | $59,141 | $58,431 | $60,758 |
| Average Yearly Income Growth | 5.3% | 4.4% | 4.8% |
| Six-Figure Earners | 10.8% | 11.1% | 13.9% |
| $200k+ Households | 9.2% | 9.1% | 13.2% |
The median household income in Madison County is about 23% higher than in Ohio. Income has been growing faster in Madison County (5.3%/yr) than in Ohio (4.4%/yr).
About 11% of adults in Madison County earn six figures ($100,000 or more) a year, about the same as the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Madison County, Ohio grew by 67.9% from 2009 to 2024, reaching $88,282 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Madison County
| Metric | Madison County | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.553 | 0.532 | 0.552 |
| Male Median Income | $68,486 | $67,200 | $69,667 |
| Female Median Income | $58,504 | $54,076 | $56,850 |
| Gender Pay Gap | 14.6% | 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 0.553, higher than Ohio's 0.532, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 17% more than women's income in Madison County, Ohio. Over a 35-year career, a 17% wage gap accumulates to roughly $349,370 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 County, Ohio has narrowed from about 23% to 15% in 2024. Over that period the gap was widest at 25% in 2014, and was narrowest at 13% in 2023. In dollar terms, the gap has narrowed by $327 since 2009.
Employment
| Metric | Madison County | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 4.8% | 5.2% |
| Working from Home | 15.2% | 13.0% | 15.0% |
| Commute time (minutes) | 25 | 21 | 22 |
Approximately 755 people are unemployed in Madison County, Ohio.
The average commute time in Madison County is 25 minutes, longer than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Madison County, Ohio has fallen from 6.1% to 3.5% in 2024. Over that period the rate peaked at 7.4% in 2014 and fell as low as 3.1% in 2021.
Madison County, OH Wealth Compared With Nearby Counties
Madison County, OH is the 4th largest of the 6 counties compared here, 44,416 residents against a local median of 67,322. Madison County, OH's unemployment, at 3.5%, runs 23% below the 4.6% typical of the counties around it. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $88,282 against a local median of $75,175, 17% above it. Every measure here with a clear better direction points the same way, so Madison County, OH is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 4.1% on unemployment, so Madison County, OH sits at one end of an already wide local range rather than apart from it. Madison County, OH has the 2nd 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, OH | 44,416 | $88,282 #2/6 | 5.3%/yr #2/6 | 3.5% #2/6 | 0.553 #6/6 |
| Fayette County, OH | 28,876 | $63,449 | 5.2%/yr | 3.7% | 0.524 |
| Clark County, OH | 135,157 | $63,493 | 4.6%/yr | 6.7% | 0.522 |
| Franklin County, OH | 1,332,477 | $75,175 | 4.1%/yr | 4.6% | 0.527 |
| Union County, OH | 67,322 | $111,904 | 5.8%/yr | 2.6% | 0.517 |
| Champaign County, OH | 38,804 | $75,502 | 4.4%/yr | 4.8% | 0.493 |
Conclusion
Considering all these factors, Madison County, Ohio has an overall wealth index grade of C, making it about on par with Ohio, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Madison County, Ohio.
How Rich Is Madison County, Ohio?
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 $88,282, about 23% higher than the Ohio average of $71,509.
Are incomes growing in Madison County, Ohio?
Between 2009 and 2024, the median household income in Madison County, Ohio rose 68%, from $52,585 to $88,282. Over the same years, income here outpaced Ohio as a whole: +68% against +51%.
What was the median household income in Madison County in 2023?
In 2023, the median household income in Madison County, Ohio was $83,432, up 8% from $77,522 in 2022. The Ohio median that year was $69,792.
What was the median household income in Madison County in 2020?
In 2020, the median household income in Madison County, Ohio was $69,185. By 2024 it had risen 28% to $88,282.
How strong is the job market in Madison County, Ohio?
Unemployment in Madison County, Ohio is only 3.5%, well below the Ohio rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Madison County, Ohio?
The Gini coefficient in Madison County is 0.553. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Madison County, Ohio?
Since 2009, the income gap between men and women in Madison County, Ohio has narrowed from about 23% to 15% in 2024. Over that period the gap was widest at 25% in 2014, and was narrowest at 13% in 2023. In dollar terms, the gap has narrowed by $327 since 2009.
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