Is Madison, West Virginia a Good Place To Live? - Living In Madison, WV

Is Madison, West Virginia a good place to live?
Madison is a city in West Virginia state in USA with a population of 2788 residents.. The poverty rate of Madison is 19.4%, which is 39% higher than national average. The typical household in Madison earns $46250 a year, compared to the national median of $67,500. Nearly 52.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Madison, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison remained 10.7%, which is 128% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison, only 15% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Madison is 0, which is 100% lower than national average. Median home value in Madison is $120300 , which is 48% lower than national average. While median income in Madison remained $46250, which is 31% lower than national average.
Population
2788
Unemployment
10.7%
128% NAT AVG.
Poverty
19.4%
39% NAT AVG.
Overall Score
4
Median Home Cost
$120300
48% NAT AVG.
Median Income
$46250
31% NAT AVG.
Median Rent
$741
36% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 9
People Earning < $10,000
1 in 18
People Earning < $50,000
52.5%
People with <= High School
1 in 1.9
People With Any Degree
1 in 4.3
Pros & Cons Overview

Jobs50%

Housing60%

Affordability80%

Safety50%

Amenities50%

Diversity40%

Education60%

Commute60%