County profile
Madison County, AL
United States · GDP 2024
#153 of 3,127 US counties by GDP71st-percentile growthmore diversified than 60% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$39.0B
BEA · 2024
GDP growth (YoY)
+6.3%
BEA · 2024
Jobs tracked
191,024
Census CBP · 2023
Employers
9,295
Census CBP · 2023
Avg. wage
$74.5k
BLS QCEW · 2023
Population
433,516
Census PEP · 2025
Labor, income & education
Unemployment
3.4%
Median HH income
$86.5k±$1.5k
Bachelor's degree+
46.4%±1.0%
Poverty rate
10.1%±0.8%
Business applications
6,207 · 2025
Retail establishments
1,334
31.5/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1ADTRAN Holdings Inc.Technology$1.1B64C2Applied Aerospace & Defense, Inc.Industrials$604.3M——3Lakeland Industries, Inc.Consumer Cyclical$192.6M42D4Serina Therapeutics, Inc.Healthcare$130.0k41D5Octave Intelligence plcTechnology———6Titomic LtdIndustrials———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Professional services32%
Health care20%
Retail trade15%
Manufacturing14%
Food & accommodation13%
Admin & support6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
433,516
residents · 2025 · +11.0% since 2020
Income per capita $69.0k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+33,903
International migration+6,325
Natural change+2,533
GDP trend
2019–2024 · nominal
$26.9B2019
$27.9B2020
$29.9B2021
$33.0B2022
$36.7B2023
$39.0B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$299.2k±$5.5k
Median gross rent
$1.2k/mo±$22/mo
Vacancy rate
7.6%±0.6%
Affordability
4.0× wages
Residential permits
$967.0M
4,070 units · 9.4/1k pop
FEMA risk score
94.6
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Tornado 98Strong wind 97Lightning 97
FHFA HOUSE PRICE INDEX · 2016–2025
4022016
4142017
4332018
4612019
4952020
5732021
6882022
7212023
7482024
7572025
RESIDENTIAL PERMITS · 2021–2025
↓ -27% since 20215,5412021
3,1872022
5,4492023
4,7102024
4,0702025
Transport access
BTS · FAA · USACE
Nearest interstate
0.8 km
I-565
Nearest freight rail
1.5 km
NS
Nearest port
23.1 km
NASA, MARSHALL SPACE FLIGHT CENTER DOCK
Nearest commercial airport
24.9 km
HUNTSVILLE INTL-CARL T JONES FLD
Filing activity
SEC EDGAR8 filings from 4 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$74.5k
avg. annual pay · +20% since 2019
Similar US counties
nearest by GDPThe read
What is the GDP of Madison?
Madison's economy produced $39.0B in 2024, growing 6.3% year over year — faster than most US counties. Its largest employment sector is professional services.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.