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Page2of2Madison Heights, VA 24572 has a population of approximately 16,474 and experiences a population change rate of -1.74%. The population density is 257.8 / sq mi .
The median household income for Madison Heights, VA 24572 is $56,044, with 6,488 households and an average household size of 2.38.
The median value of a home in Madison Heights, VA 24572 is $211,500 with an appreciation rate of 17.90%. 67.70% of housing in the state is owned while 23.45% is rented.
The cost of living in Madison Heights, VA 24572 is 90.4 %.
The unemployment rate in Madison Heights, VA 24572 is 2.70%, and recent job growth is at 3.20%. Future job growth is projected at 40.73%.
The sales tax rate in Madison Heights, VA 24572 is 5.30%, while the income tax rate is 5.75% .
School expenditures in Madison Heights, VA 24572 are $12,252, and the school ratio is 14.2:1.
The average high temperature in July is 86 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 42.4 inches per year, with 13.4 inches of snow per year.
