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Madison, VA 22727 has a population of approximately 5,049 and experiences a population change rate of 12.03%. The population density is 49.9 / sq mi .
The median household income for Madison, VA 22727 is $61,410, with 2,205 households and an average household size of 2.59.
The median value of a home in Madison, VA 22727 is $338,300 with an appreciation rate of 15.40%. 67.79% of housing in the state is owned while 19.68% is rented.
The cost of living in Madison, VA 22727 is 98.8 %.
The unemployment rate in Madison, VA 22727 is 1.90%, and recent job growth is at 3.03%. Future job growth is projected at 45.55%.
The sales tax rate in Madison, VA 22727 is 5.30%, while the income tax rate is 5.75% .
School expenditures in Madison, VA 22727 are $14,109, and the school ratio is 13.6:1.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 44.6 inches per year, with 19.7 inches of snow per year.
