HomeVirginiaAmherst CountyMadison Heights
Madison Heights, Virginia: commercial real estate data.
Madison Heights is a Census CDP of 10,266 people across 19.17 square miles of land, in Amherst County. Median household income is $60,215, 71.4 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $7.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Madison Heights
What Madison Heights is
- Census place typeCDP
- Land area19.17 sq mi
- Water area0.28 sq mi
- Population per square mile of land535
- County holding the largest share of its areaAmherst County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison Heights
How many people live in Madison Heights
- Population10,266
- Median age44.4
- Population under 181,890
- Share under 1818.4 percent
- Population 65 and over2,157
- Share 65 and over21.0 percent
- Households4,644
- Family households2,608
- Share of households that are families56.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison Heights
Income and work in Madison Heights
- Median household income$60,215
- Per capita income$33,871
- Civilian labor force5,204
- Employed4,934
- Unemployed270 plus or minus 127
- Unemployment rate5.2 percent plus or minus 2.4
- Adults 25 and over7,368
- Adults 25 and over with a high school diploma or higher89.2 percent
- Adults 25 and over with a bachelor degree or higher17.4 percent
- Adults 25 and over with a graduate degree6.2 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison Heights
Housing in Madison Heights
- Housing units5,014
- Occupied units4,644
- Vacant units370 plus or minus 146
- Vacancy rate7.4 percent plus or minus 2.9
- Owner occupied3,316
- Renter occupied1,328
- Ownership rate71.4 percent
- Median owner-occupied home value$191,300
- Median gross rent, monthly$871
- Annual rent as a share of median income17.4 percent
- Single family units4,043
- Share single family80.6 percent
- Units in buildings of two or more773 plus or minus 207
- Share in buildings of two or more15.4 percent plus or minus 4.1
- Mobile homes198 plus or minus 83
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison Heights
How Madison Heights gets to work
- Workers 16 and over who commute4,435
- Commuting under 15 minutes1,243
- Share commuting under 15 minutes28.0 percent
- Commuting 30 minutes or more911 plus or minus 253
- Share commuting 30 minutes or more20.5 percent plus or minus 5.5
- Drove alone82.0 percent
- Carpooled7.9 percent plus or minus 2.7
- Public transport0.0 percent
- Walked0.2 percent plus or minus 0.4
- Worked from home8.7 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison Heights
SBA loans in Madison Heights (7(a))
- Approvals14
- Gross approval$7,328,200
- Average approval$523,443
- Median approval$405,000
- Largest approval$1,802,600
- Jobs supported161
- Jobs per approval11.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more7.1 percent
- Share to franchises0.0 percent
- Distinct lenders11
- Distinct industries by NAICS10
Counted by borrower city: approvals to borrowers whose address is in Madison Heights, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Amherst County, not Madison Heights
Amherst County context, not Madison Heights figures
- Establishments in Amherst County553
- Covered employment, Amherst County8,168
- Average annual pay, Amherst County$47,248
- Housing units permitted, Amherst County228
Every figure in this section is published for Amherst County as a whole and is not a measurement of Madison Heights.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, 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 →
Common questions
Madison Heights questions, answered from the record.
How many people live in Madison Heights, Virginia?
10,266, in 4,644 households. Madison Heights CDP covers 19.17 square miles of land, which is 535 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Madison Heights in?
Amherst County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Madison Heights?
$60,215. The median owner-occupied home is valued at $191,300. Median gross rent is $871 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Madison Heights businesses?
14 7(a) approvals totaling $7.3 m since FY2020, across 11 lenders, median approval $405,000. These count approvals to borrowers whose address is in Madison Heights, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Madison Heights borrowers get paid back?
No rate is published for Madison Heights. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Madison Heights figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Amherst County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Madison Heights.
Is zoning published for Madison Heights?
No. Nothing on this page presents parcel level zoning.