Madison County, Idaho: commercial real estate data.
Madison County, Idaho has a population of 54,618 across 469 square miles, up 5.0 percent since the 2020 census base. County output reached $2.01 bn in 2024, 1,113 establishments operate here, and the SBA record carries 50 7(a) approvals worth $23.8 m.
119 sourced county values · tier FULL · 11 sections
Madison County
How many people live in Madison County
- Population54,618
- Households13,326
- Average household size4.10
- Median household income$60,160
- Median age21.4
- Median gross rent$1,014 per month
- Median owner-occupied home value$414,800
- Home value to household income6.9 times
- Annual rent as a share of median income20.2 percent
- Adults 25 and over with a bachelor degree or higher41.8 percent
- Adults 25 and over with a graduate degree12.9 percent
- Adults 25 and over18,417
- Population under 1811,054
- Share under 1820.2 percent
- Population 65 and over2,945
- Share 65 and over5.4 percent
- Working age population, 18 to 6440,619
- Civilian labor force30,852
- Unemployment rate8.3 percent
- Labor force participation, adults 18 and over70.8 percent
- Rank by population among Idaho counties7th of 44
- Rank by population among US county-equivalents953rd
Madison County is the 7th largest of 44 Idaho counties by population. A median home costs 6.9 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents under 18 outnumber those 65 and over, at 20.2 percent against 5.4 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 growing
- Population change since the 2020 census base4.99 percent
- Census 2020 base population52,911
- Births, 20241,116
- Deaths, 2024217
- Natural change, 2024899
- Net domestic migration, 2024-1,115
- Net international migration, 2024642
- Total net migration, 2024-473
- Cumulative net domestic migration, 2021 to 2024-2,725
- Rank by growth among US county-equivalents533rd
The county has grown 4.99 percent since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Madison County
Where people moving to Madison County come from
- Tax returns filed by households arriving2,008
- People arriving, from those returns4,108
- Adjusted gross income arriving$83.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$41,686
- Largest single originMadison County Non-migrants (10,605 households)
- Largest single destination (10,605 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Madison County Non-migrants | 10,605 | 27,026 | $725.1 m |
| Other flows - Different State | 955 | 1,853 | $37.4 m |
| Other flows - West | 603 | 1,172 | $24.8 m |
| Other flows - South | 217 | 419 | $7.5 m |
| Bonneville County | 173 | 373 | $8.3 m |
| Jefferson County | 137 | 348 | $6.1 m |
| Utah County | 110 | 220 | $4.2 m |
| Other flows - Midwest | 100 | 188 | $3.2 m |
The largest single source of arrivals is Madison County Non-migrants, 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 the Madison County economy runs on
- County GDP, 2024$2.01 bn
- County GDP, 2023$1.95 bn
- GDP change, 2023 to 20242.7 percent
- GDP change over five years39.9 percent
- Rank by GDP among Idaho counties13th
- Rank by GDP among US county-equivalents1276th
- GDP per resident$36,755
Output grew 2.7 percent in the latest year and 39.9 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
Who employs people in Madison County
- Covered employment, annual average17,397
- Establishments reporting1,707
- Average annual pay$42,345
- Average weekly wage$814
- Sector 61, employment2,182
- Sector 61, average annual pay$63,596
- Sector 44-45, employment2,036
- Sector 44-45, average annual pay$35,065
- Sector 72, employment1,762
- Sector 72, average annual pay$15,317
- Sector 62, employment1,714
- Sector 62, average annual pay$34,055
- Sector 56, employment1,363
- Sector 31-33, employment967
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 61 | 2,182 | 37 | $63,596 |
| Sector 44-45 | 2,036 | 173 | $35,065 |
| Sector 72 | 1,762 | 104 | $15,317 |
| Sector 62 | 1,714 | 242 | $34,055 |
| Sector 56 | 1,363 | 110 | $34,958 |
| Sector 31-33 | 967 | 60 | $46,307 |
| Sector 54 | 833 | 203 | $58,749 |
| Sector 23 | 759 | 227 | $48,459 |
The largest sector is the biggest private employer group at 2,182 jobs, 12.5 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Madison County
What businesses operate in Madison County
- Establishments, all industries1,113
- Employment at those establishments21,463
- Annual payroll$663.2 m
- Establishments per 1,000 residents20.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Madison County
What is being built in Madison County
- Housing units authorised by permit, 2024274
- Declared construction value permitted$73.3 m
- Single family units authorised186
- Multifamily units authorised88
- Multifamily share of units32.1 percent
- Average declared value per unit$267,653
- Units authorised per 1,000 households20.6
Multifamily is 32.1 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Madison County
How much SBA lending happens in Madison County
- 7(a) approvals recorded50
- 7(a) gross approval dollars$23.8 m
- Average 7(a) approval$476,484
- Median 7(a) approval$100,000
- 10th percentile approval$12,000
- 90th percentile approval$1,682,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)426
- Jobs per approval8.5
- Distinct 7(a) lenders active17
- Distinct industries receiving approvals39
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer12.0 percent
- Loans on real estate terms6
- Loans on working capital terms, 120 months or shorter42
- Franchise loans4
- Franchise share of approvals8.0 percent
- Leading industry by approval countCustom Computer Programming Services (3)
- Most active lenderZions Bank, A Division of (14)
- 504 approvals recorded49
- 504 gross approval dollars$28.9 m
- Average 504 approval$589,224
- Median 504 approval$367,000
- Distinct CDCs active7
- 504 jobs per approval11.0
- 504 jobs per million dollars approved18.6
- Most active CDCEast-Central Idaho Development Company (38)
- 7(a) share of SBA approvals50.5 percent
- Combined SBA approval dollars$52.7 m
The average approval of $476,484 sits well above the median of $100,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 12.0 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. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Madison County
Do SBA loans in Madison County get paid back
- Loans with a final outcome recorded9
- Paid in full9
- Charged off0
- Status: Exempt from disclosure36
- Status: Paid in full9
- Status: Cancelled4
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 9 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison County
Which parts of Madison County get the lending
- Places in the county with recorded lending4
- REXBURG, approvals47
- TETON, approvals1
- DRAPER, approvals1
- SUGAR CITY, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| REXBURG | 47 | $21,969,700 |
| TETON | 1 | $30,000 |
| DRAPER | 1 | $1,674,500 |
| SUGAR CITY | 1 | $150,000 |
REXBURG accounts for 47 approvals against 1 in TETON. 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 big is Madison County
- Land area469 sq mi
- Rank by land area among Idaho counties42nd of 44
- Width, east to west29.2 mi
- Height, north to south21.2 mi
- Geographies sharing a boundary4
- Residents per square mile of land116
- Establishments per square mile2.37
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.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
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.
- Population54,618
- Households13,326
- Average household size4.10
- Median household income$60,160
- Median age21.4
Common questions
Madison County questions, answered from the record.
How many people live in Madison County, Idaho?
54,618, in 13,326 households, ranking 7th of 44 Idaho counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Madison County growing?
The population has grown 4.99 percent since the 2020 census base. In 2024 there were 1,116 births against 217 deaths, with net migration of -473. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Madison County?
$60,160. The median owner-occupied home is valued at $414,800, which is 6.9 times income, and median gross rent is $1,014 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Madison County?
1,113 establishments, employing 21,463 people with an annual payroll of $663.2 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Madison County?
Average annual pay is $42,345, or $814 a week, across 17,397 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Madison County?
50 7(a) approvals totalling $23.8 m since FY2020, across 17 lenders, with a median approval of $100,000, plus 49 504 approvals worth $28.9 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Madison County?
274 housing units were authorised by permit in 2024, with a declared construction value of $73.3 m. Multifamily was 32.1 percent of units. 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 Madison County Non-migrants, with 10,605 households. Arriving households report an average income of $41,686 against null 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.