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Places/NC/Madison
County profile

Madison

United States · GDP 2024
#2235 of 3,127 US counties by GDPtop-decile growthmore diversified than 64% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$632.1M
GDP growth
+10.2%
Jobs tracked
3,298
Employers
402
Avg. wage
$42.8k
Population
22,553
Labor & formation
Unemployment
3.4%
Median HH income
$58.5k±$4.7k
Business applications
308 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

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
Retail trade23%
Health care21%
Manufacturing17%
Food & accommodation15%
Construction14%
Education10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
22,553
residents · 2025 · +5.9% since 2020
Income per capita $50.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,724
International migration+64
Natural change−523

GDP trend

2019–2024 · nominal
$431.7M
2019
$429.4M
2020
$473.8M
2021
$517.6M
2022
$573.4M
2023
$632.1M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$284.6k±$22.5k
Median gross rent
$780/mo±$64/mo
Vacancy rate
26.5%±2.6%
Affordability
6.6× wages
Residential permits
117 (5.2/1k pop)
FEMA risk score
27.4
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 96Lightning 70Ice storm 63
FHFA HOUSE PRICE INDEX · 2016–2025
159
2016
170
2017
178
2018
192
2019
196
2020
223
2021
263
2022
291
2023
305
2024
289
2025

Transport access

BTS · FAA · USACE
Nearest interstate
14.3 km
I-26
Nearest freight rail
4.0 km
NS
Nearest port
102.7 km
BURKHART ENTERPRISES, KNOXVILLE DOCK
Nearest commercial airport
49.1 km
ASHEVILLE RGNL
Wage trend
BLS QCEW · 2019–2023
$42.8k
avg. annual pay · +22% since 2019
Similar US counties
nearest by GDP
Major$632.6MCooper$633.3MLaSalle$633.7MMason$633.8MTraill$634.0MFranklin$635.1M
The read

Madison's economy produced $632.1M in 2024, growing 10.2% year over year — faster than 91% of US counties. Its largest employment sector is retail trade.

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.
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