Madison County, Missouri: commercial real estate data.
Madison County, Missouri had an estimated 12,852 residents on July 1, 2024, up 1.8 percent since the 2020 census base of 12,625, across 494 square miles. County output reached $368.0 m in 2024, 231 establishments operate here, and the SBA record carries 4 7(a) approvals worth $1.3 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 2020-202412,729
- Households4,683
- Average household size2.72
- Median household income$54,434
- Median age41.1
- Median gross rent$808 per month
- Median owner-occupied home value$159,000
- Home value to household income2.9 times
- Annual rent as a share of median income17.8 percent
- Adults 25 and over with a bachelor degree or higher16.3 percent
- Adults 25 and over with a graduate degree4.7 percent
- Adults 25 and over8,866
- Population under 182,966
- Share under 1823.3 percent
- Population 65 and over2,489
- Share 65 and over19.6 percent
- Working age population, 18 to 647,274
- Civilian labor force5,728
- Unemployment rate4.8 percent
- Labor force participation, adults 18 and over58.7 percent
- Rank by population among Missouri counties74th of 115
- Rank by population among US county-equivalents, Puerto Rico included2303rd of 3,222
Madison County is the 74th largest of 115 Missouri counties by population. A median home costs 2.9 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 23.3 percent against 19.6 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, 202412,852
- Census 2020 base population12,625
- Population change since the 2020 census base1.80 percent
- Population change, 2023 to 2024113
- Births, 2024121
- Deaths, 2024178
- Natural change, 2024-57
- Net domestic migration, 2024136
- Net international migration, 202436
- Total net migration, 2024172
- Cumulative net domestic migration, 2021 to 2024437
- Rank by growth among US county-equivalents1239th of 3,144
The county has grown 1.80 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 arriving320
- People arriving, from those returns642
- Tax returns filed by households leaving263
- Net household movement57
- Adjusted gross income arriving$13.2 m
- Net adjusted gross income movement$3.6 m
- Average income of an arriving household$41,328
- Average income of a leaving household$36,490
- Largest single originSt. Francois County (117 households)
- Largest single destinationSt. Francois County (103 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| St. Francois County | 117 | 234 | $4.9 m |
| Iron County | 20 | 39 | $542,000 |
Households arriving report $4,838 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 St. Francois 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$368.0 m
- County GDP, 2023$342.0 m
- GDP change, 2023 to 20247.6 percent
- GDP change over five years29.9 percent
- Rank by GDP among the Missouri areas BEA publishes86th of 115
- Rank by GDP among the US county areas BEA publishes2595th of 3,127
- GDP per resident$28,914
Output grew 7.6 percent in the latest year and 29.9 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 average3,585
- Establishments reporting344
- Average annual pay$40,593
- Average weekly wage$781
- Manufacturing, employment594
- Manufacturing, average annual pay$47,542
- Retail trade, employment522
- Retail trade, average annual pay$31,859
- Health care and social assistance, employment499
- Health care and social assistance, average annual pay$38,609
- Construction, employment222
- Construction, average annual pay$45,149
- Other services, except public administration, employment151
- Agriculture, forestry, fishing and hunting, employment53
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 594 | 14 | $47,542 |
| Retail trade | 522 | 38 | $31,859 |
| Health care and social assistance | 499 | 104 | $38,609 |
| Construction | 222 | 32 | $45,149 |
| Other services, except public administration | 151 | 18 | $35,991 |
| Agriculture, forestry, fishing and hunting | 53 | 6 | $46,354 |
| Professional, scientific and technical services | 48 | 14 | $56,185 |
| Mining, quarrying, and oil and gas extraction | 14 | 4 | $36,665 |
Manufacturing is the largest private sector at 594 jobs, 16.6 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 industries231
- Employment at those establishments3,148
- Annual payroll$127.8 m
- Establishments per 1,000 residents18.1
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, 20240
- Declared construction value permitted$0
- Single family units authorized0
- Multifamily units authorized0
No residential units were authorized by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Madison County
SBA loans in Madison County (7(a) and 504)
- 7(a) approvals recorded4
- 7(a) gross approval dollars$1.3 m
- Average 7(a) approval$324,925
- Median 7(a) approval$113,850
- Largest single approval$1,032,000
- Jobs reported supported, 7(a)6
- Jobs per approval1.5
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals4
- Median 7(a) term150 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded1
- 504 gross approval dollars$740,000
- Average 504 approval$740,000
- Median 504 approval$740,000
- Distinct CDCs active1
- 504 jobs per approval0.0
- 504 jobs per million dollars approved0.0
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$2.0 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 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 recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure3
- Status: Committed, not yet disbursed1
Only 0 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 lending2
- Annapolis, approvals2
- Fredericktown, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Annapolis | 2 | $1,219,700 |
| Fredericktown | 2 | $80,000 |
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 area494 sq mi
- Rank by land area among Missouri counties84th of 115
- Width, east to west22.2 mi
- Height, north to south22.9 mi
- Geographies sharing a boundary5
- Residents per square mile of land26
- Establishments per square mile0.47
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 290815
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP4
- NFIP participation rate80.0 percent
- Communities carrying a CRS class0
- Radon levels in Madison County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Madison County (community 290815), 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 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 80.0 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 2020-202412,729
- Households4,683
- Average household size2.72
- Median household income$54,434
- Median age41.1
Common questions
Madison County questions, answered from the record.
How many people live in Madison County, Missouri?
The Census Bureau estimates 12,852 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 12,729, in 4,683 households, ranking 74th of 115 Missouri 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 1.80 percent since the 2020 census base of 12,625, to 12,852 on July 1, 2024. In 2024 there were 121 births against 178 deaths, with net migration of 172. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Madison County?
$54,434. The median owner-occupied home is valued at $159,000, which is 2.9 times income, and median gross rent is $808 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Madison County?
231 establishments, employing 3,148 people with an annual payroll of $127.8 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 594 jobs, 16.6 percent of covered employment. Covered employment averages 3,585 jobs at an average annual pay of $40,593, or $781 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?
4 7(a) approvals totaling $1.3 m since FY2020, across 2 lenders, with a median approval of $113,850, plus 1 504 approvals worth $740,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Madison County?
No residential units were authorized by permit in 2024. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Madison County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 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 St. Francois County, with 117 households. Arriving households report an average income of $41,328 against $36,490 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.
6 Census places lie wholly or partly in Madison County. All 6 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 |
|---|---|---|---|---|
| Fredericktown | city | 4,507 | 2 | Wholly in this county |
| Junction City | village | 372 | None recorded | Wholly in this county |
| Mine La Motte | CDP | 370 | None recorded | Wholly in this county |
| Cobalt | village | 364 | None recorded | Wholly in this county |
| Marquand | city | 187 | None recorded | Wholly in this county |
| Cherokee Pass | CDP | 121 | None recorded | Wholly in this county |
A further 2 of the county's 4 SBA 7(a) approvals are to borrowers in cities that match no Census place in Madison County, the largest being Annapolis (2). 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.
Nearby