Places/NY/Madison County, NY
County profile

Madison County, NY

United States · GDP 2024
#956 of 3,127 US counties by GDP39th-percentile growthmore diversified than 63% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$3.1B
BEA · 2024
GDP growth (YoY)
+3.3%
BEA · 2024
Jobs tracked
17,161
Census CBP · 2023
Employers
1,328
Census CBP · 2023
Avg. wage
$54.1k
BLS QCEW · 2023
Population
67,120
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$75.5k±$3.2k
Bachelor's degree+
29.6%±1.3%
Poverty rate
10.0%±0.9%
Business applications
480 · 2025
Retail establishments
193
28.7/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1TG Therapeutics, Inc.Healthcare$616.3M72B

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
Manufacturing24%
Health care21%
Retail trade19%
Education18%
Food & accommodation14%
Wholesale trade5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
67,120
residents · 2025 · -1.2% since 2020
Income per capita $61.3k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration388
International migration+372
Natural change801

GDP trend

20192024 · nominal
$2.4B
2019
$2.4B
2020
$2.6B
2021
$2.9B
2022
$3.0B
2023
$3.1B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$184.6k±$7.2k
Median gross rent
$928/mo±$25/mo
Vacancy rate
14.6%±1.3%
Affordability
3.4× wages
Residential permits
$57.5M
187 units · 2.8/1k pop
FEMA risk score
59.4
HUD Fair Market Rent (2BR):$1.4k/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 73Lightning 72Ice storm 71
FHFA HOUSE PRICE INDEX · 20162025
290
2016
305
2017
302
2018
323
2019
331
2020
367
2021
421
2022
471
2023
498
2024
539
2025
RESIDENTIAL PERMITS · 20212025
97% since 2021
95
2021
86
2022
154
2023
120
2024
187
2025

Transport access

BTS · FAA · USACE
Nearest interstate
20.9 km
I-90
Nearest freight rail
19.1 km
CSXT
Nearest port
52.4 km
AMOCO
Nearest commercial airport
41.6 km
SYRACUSE HANCOCK INTL
Wage trend
BLS QCEW · 20192023
$54.1k
avg. annual pay · +24% since 2019
The read

What is the GDP of Madison?

Madison's economy produced $3.1B in 2024, growing 3.3% year over yearslower than 61% of US counties. Its largest employment sector is manufacturing.

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.