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Madison Heights, Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
10,266
Population
$60,215
Median Income
$191,300
Home Value
44.4
Median Age

Demographics

Madison Heights has a population of 10,266 with a median age of 44.4. Here is the racial and ethnic breakdown of the population:

White
68.4%
Black
23.1%
Other
5.5%
Hispanic
2.7%
Demographic Value
Total Population10,266
Median Age44.4
White68.4%
Black or African American23.1%
Asian0.3%
Hispanic or Latino2.7%
Other / Two or More Races5.5%
Madison Heights, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 68.4%Black: 23.1%Other: 5.5%Hispanic/Latino: 2.7%Other: 0.3%10,266PopulationWhiteWhite68.4%BlackBlack23.1%OtherOther5.5%Hispanic/LatinoHispanic/Latino2.7%OtherOther0.3%

Income & Economy

The median household income in Madison Heights is $60,215, which is 25.3% below the national median of $80,610. The per capita income is $33,871. The poverty rate is 10.5%.

$60,215
Median Household Income
$33,871
Per Capita Income
10.5%
Poverty Rate

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Education

In Madison Heights, 89.2% of residents age 25+ have a high school diploma or higher, and 17.4% hold a bachelor's degree or higher (6.2% with a graduate or professional degree).

HS Diploma+
89.2%
Bachelor's+
17.4%
Graduate+
6.2%
Education Level % of Adults (25+)
High School Diploma or Higher89.2%
Bachelor's Degree or Higher17.4%
Graduate or Professional Degree6.2%

Housing

The median home value in Madison Heights is $191,300, below the national median of $303,400. The median monthly rent is $871. The homeownership rate is 71.4%.

$191,300
Median Home Value
$871/mo
Median Rent
71.4%
Homeownership Rate
Housing Metric Value
Median Home Value$191,300
Median Monthly Rent$871
Homeownership Rate71.4%
Vacancy Rate7.4%

Salaries in Virginia

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Frequently Asked Questions

What is the population of Madison Heights, Virginia?
The population of Madison Heights, Virginia is 10,266 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Madison Heights, Virginia?
The median household income in Madison Heights, Virginia is $60,215. This is 25.3% below the national median of $80,610.
What is the median home value in Madison Heights, Virginia?
The median home value in Madison Heights, Virginia is $191,300. The median monthly rent is $871.
What percentage of people in Madison Heights have a college degree?
In Madison Heights, Virginia, 17.4% of adults age 25 and older hold a bachelor's degree or higher, and 89.2% have a high school diploma or higher.
Is Madison Heights, Virginia an affordable place to live?
The home price-to-income ratio in Madison Heights, Virginia is 3.2x (median home value $191,300 vs. median income $60,215), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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