Madison County, Arkansas: commercial real estate data.
Madison County, Arkansas had an estimated 17,865 residents on July 1, 2024, up 8.1 percent since the 2020 census base of 16,533, across 834 square miles. County output reached $694.6 m in 2024, 242 establishments operate here, and the SBA record carries 20 7(a) approvals worth $12.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Madison County
How many people live in Madison County
- Population, American Community Survey 2020-202417,329
- Households6,463
- Average household size2.68
- Median household income$56,798
- Median age41.7
- Median gross rent$729 per month
- Median owner-occupied home value$178,100
- Home value to household income3.1 times
- Annual rent as a share of median income15.4 percent
- Adults 25 and over with a bachelor degree or higher12.9 percent
- Adults 25 and over with a graduate degree4.6 percent
- Adults 25 and over12,220
- Population under 183,952
- Share under 1822.8 percent
- Population 65 and over3,415
- Share 65 and over19.7 percent
- Working age population, 18 to 649,962
- Civilian labor force8,016
- Unemployment rate5.3 percent
- Labor force participation, adults 18 and over59.9 percent
- Rank by population among Arkansas counties40th of 75
- Rank by population among US county-equivalents, Puerto Rico included2017th of 3,222
Madison County is the 40th largest of 75 Arkansas counties by population. A median home costs 3.1 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 22.8 percent against 19.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Madison County
Is Madison County's population growing?
- Population, July 1, 202417,865
- Census 2020 base population16,533
- Population change since the 2020 census base8.06 percent
- Population change, 2023 to 202498
- Births, 2024197
- Deaths, 2024238
- Natural change, 2024-41
- Net domestic migration, 2024139
- Net international migration, 2024-1
- Total net migration, 2024138
- Cumulative net domestic migration, 2021 to 20241,393
- Rank by growth among US county-equivalents236th of 3,144
The county has grown 8.06 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Madison County
Where are people moving to Madison County from?
- Tax returns filed by households arriving589
- People arriving, from those returns1,302
- Tax returns filed by households leaving384
- Net household movement205
- Adjusted gross income arriving$33.3 m
- Net adjusted gross income movement$16.5 m
- Average income of an arriving household$56,569
- Average income of a leaving household$43,888
- Largest single originWashington County (243 households)
- Largest single destinationWashington County (163 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Washington County | 243 | 517 | $12.3 m |
| Benton County | 94 | 233 | $6.0 m |
| Carroll County | 29 | 84 | $2.3 m |
Households arriving report $12,681 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Washington County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Madison County
What is the Madison County economy?
- County GDP, 2024$694.6 m
- County GDP, 2023$555.7 m
- GDP change, 2023 to 202425.0 percent
- GDP change over five years85.4 percent
- Rank by GDP among the Arkansas areas BEA publishes46th of 75
- Rank by GDP among the US county areas BEA publishes2147th of 3,127
- GDP per resident$40,085
Output grew 25.0 percent in the latest year and 85.4 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Madison County
Employment by industry in Madison County
- Covered employment, annual average3,680
- Establishments reporting284
- Average annual pay$44,603
- Average weekly wage$858
- Manufacturing, employment1,171
- Manufacturing, average annual pay$46,193
- Retail trade, employment533
- Retail trade, average annual pay$32,647
- Construction, employment194
- Construction, average annual pay$54,410
- Other services, except public administration, employment73
- Other services, except public administration, average annual pay$33,763
- Finance and insurance, employment70
- Wholesale trade, employment43
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,171 | 21 | $46,193 |
| Retail trade | 533 | 41 | $32,647 |
| Construction | 194 | 45 | $54,410 |
| Other services, except public administration | 73 | 19 | $33,763 |
| Finance and insurance | 70 | 12 | $67,819 |
| Wholesale trade | 43 | 9 | $58,575 |
| Information | 42 | 4 | $165,829 |
| Administrative and support and waste management services | 41 | 16 | $41,272 |
Manufacturing is the largest private sector at 1,171 jobs, 31.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Madison County
How many businesses are in Madison County?
- Establishments, all industries242
- Employment at those establishments3,008
- Annual payroll$144.4 m
- Establishments per 1,000 residents14.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Madison County
Building permits in Madison County
- Housing units authorized by permit, 202429
- Declared construction value permitted$6.2 m
- Single family units authorized29
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$213,338
- Units authorized per 1,000 households4.5
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Madison County
SBA loans in Madison County (7(a) and 504)
- 7(a) approvals recorded20
- 7(a) gross approval dollars$12.5 m
- Average 7(a) approval$625,450
- Median 7(a) approval$349,000
- 10th percentile approval$42,730
- 90th percentile approval$1,380,700
- Largest single approval$3,433,000
- Jobs reported supported, 7(a)63
- Jobs per approval3.1
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals9
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer20.0 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter12
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countBroilers and Other Meat Type Chicken Production (8)
- Most active lenderFirst Financial Bank (6)
The average approval of $625,450 sits well above the median of $349,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 20.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison County
SBA loan default and charge-off rates in Madison County
Do SBA loans in Madison County get paid back?
- Loans with a final outcome recorded6
- Paid in full6
- Charged off0
- Status: Paid in full6
- Status: Cancelled2
- Status: Exempt from disclosure12
Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison County
SBA lending by place in Madison County
- Borrower cities with recorded lending4
- Hindsville, approvals8
- Wesley, approvals4
- Huntsville, approvals4
- Witter, approvals4
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Hindsville | 8 | $5,290,600 |
| Wesley | 4 | $6,413,000 |
| Huntsville | 4 | $608,700 |
| Witter | 4 | $196,700 |
Hindsville accounts for 8 approvals against 4 in Wesley. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison County
How large is Madison County?
- Land area834 sq mi
- Rank by land area among Arkansas counties13th of 75
- Width, east to west28.7 mi
- Height, north to south37.8 mi
- Geographies sharing a boundary7
- Residents per square mile of land21
- Establishments per square mile0.29
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Madison County
Flood risk in Madison County
- Participation of the county's own NFIP community Madison County, unincorporated areasParticipating, community 050449
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Madison County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Madison County (community 050449), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Madison County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Madison County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Madison County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202417,329
- Households6,463
- Average household size2.68
- Median household income$56,798
- Median age41.7
Common questions
Madison County questions, answered from the record.
How many people live in Madison County, Arkansas?
The Census Bureau estimates 17,865 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 17,329, in 6,463 households, ranking 40th of 75 Arkansas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Madison County's population growing?
The population has grown 8.06 percent since the 2020 census base of 16,533, to 17,865 on July 1, 2024. In 2024 there were 197 births against 238 deaths, with net migration of 138. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Madison County?
$56,798. The median owner-occupied home is valued at $178,100, which is 3.1 times income, and median gross rent is $729 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Madison County?
242 establishments, employing 3,008 people with an annual payroll of $144.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Madison County?
Manufacturing is the largest private sector at 1,171 jobs, 31.8 percent of covered employment. Covered employment averages 3,680 jobs at an average annual pay of $44,603, or $858 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Madison County?
20 7(a) approvals totaling $12.5 m since FY2020, across 6 lenders, with a median approval of $349,000. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Madison County?
29 housing units were authorized by permit in 2024, with a declared construction value of $6.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Madison County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Madison County come from?
The largest single origin is Washington County, with 243 households. Arriving households report an average income of $56,569 against $43,888 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Madison County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Madison County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Madison County
Cities and places in Madison.
5 Census places lie wholly or partly in Madison County. All 5 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Huntsville | city | 3,202 | 4 | Wholly in this county |
| Wesley | CDP | 233 | 4 | Wholly in this county |
| Hindsville | town | 146 | 8 | Wholly in this county |
| St. Paul | town | 136 | None recorded | Wholly in this county |
| Kingston | CDP | 19 | None recorded | Wholly in this county |
A further 4 of the county's 20 SBA 7(a) approvals are to borrowers in cities that match no Census place in Madison County, the largest being Witter (4). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.