HomeMississippiMadison County
Madison County, Mississippi: commercial real estate data.
Madison County, Mississippi has a population of 111,647 across 715 square miles, up 4.7 percent since the 2020 census base. County output reached $9.94 bn in 2024, 3,489 establishments operate here, and the SBA record carries 171 7(a) approvals worth $66.6 m.
123 sourced county values · tier FULL · 11 sections
Madison County
How many people live in Madison County
- Population111,647
- Households43,917
- Average household size2.54
- Median household income$83,441
- Median age39.1
- Median gross rent$1,186 per month
- Median owner-occupied home value$311,100
- Home value to household income3.7 times
- Annual rent as a share of median income17.1 percent
- Adults 25 and over with a bachelor degree or higher49.6 percent
- Adults 25 and over with a graduate degree21.0 percent
- Adults 25 and over75,293
- Population under 1827,113
- Share under 1824.3 percent
- Population 65 and over17,042
- Share 65 and over15.3 percent
- Working age population, 18 to 6467,492
- Civilian labor force56,790
- Unemployment rate3.7 percent
- Labor force participation, adults 18 and over67.2 percent
- Rank by population among Mississippi counties6th of 82
- Rank by population among US county-equivalents565th
Madison County is the 6th largest of 82 Mississippi counties by population. A median home costs 3.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 24.3 percent against 15.3 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 base4.69 percent
- Census 2020 base population109,130
- Births, 20241,316
- Deaths, 20241,067
- Natural change, 2024249
- Net domestic migration, 2024288
- Net international migration, 2024642
- Total net migration, 2024930
- Cumulative net domestic migration, 2021 to 20242,532
- Rank by growth among US county-equivalents580th
The county has grown 4.69 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
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 arriving3,458
- People arriving, from those returns6,515
- Adjusted gross income arriving$363.6 m
- Net adjusted gross income movement$0
- Average income of an arriving household$105,149
- Largest single originMadison County Non-migrants (39,290 households)
- Largest single destination (39,290 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Madison County Non-migrants | 39,290 | 84,829 | $4.86 bn |
| Hinds County | 1,136 | 2,164 | $106.6 m |
| Other flows - Different State | 963 | 1,814 | $153.8 m |
| Other flows - South | 636 | 1,211 | $120.7 m |
| Rankin County | 526 | 1,019 | $42.2 m |
| Other flows - Same State | 308 | 554 | $19.5 m |
| Other flows - Midwest | 131 | 238 | $11.9 m |
| Other flows - West | 127 | 239 | $12.1 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$9.94 bn
- County GDP, 2023$9.30 bn
- GDP change, 2023 to 20247.0 percent
- GDP change over five years48.4 percent
- Rank by GDP among Mississippi counties5th
- Rank by GDP among US county-equivalents441st
- GDP per resident$89,054
Output grew 7.0 percent in the latest year and 48.4 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
Who employs people in Madison County
- Covered employment, annual average60,205
- Establishments reporting3,987
- Average annual pay$55,426
- Average weekly wage$1,066
- Sector 31-33, employment7,838
- Sector 31-33, average annual pay$69,396
- Sector 44-45, employment7,609
- Sector 44-45, average annual pay$35,835
- Sector 72, employment6,935
- Sector 72, average annual pay$22,690
- Sector 62, employment6,755
- Sector 62, average annual pay$47,460
- Sector 48-49, employment5,329
- Sector 54, employment3,506
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 7,838 | 78 | $69,396 |
| Sector 44-45 | 7,609 | 549 | $35,835 |
| Sector 72 | 6,935 | 368 | $22,690 |
| Sector 62 | 6,755 | 433 | $47,460 |
| Sector 48-49 | 5,329 | 100 | $48,355 |
| Sector 54 | 3,506 | 554 | $89,022 |
| Sector 56 | 3,122 | 232 | $41,253 |
| Sector 52 | 3,094 | 359 | $109,028 |
The largest sector is the biggest private employer group at 7,838 jobs, 13.0 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 industries3,489
- Employment at those establishments55,061
- Annual payroll$3.01 bn
- Establishments per 1,000 residents31.3
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, 2024552
- Declared construction value permitted$176.0 m
- Single family units authorised552
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$318,791
- Units authorised per 1,000 households12.6
Multifamily is 0.0 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 recorded171
- 7(a) gross approval dollars$66.6 m
- Average 7(a) approval$389,486
- Median 7(a) approval$192,000
- 10th percentile approval$46,100
- 90th percentile approval$945,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)2,294
- Jobs per approval13.4
- Distinct 7(a) lenders active39
- Distinct industries receiving approvals84
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer8.8 percent
- Loans on real estate terms15
- Loans on working capital terms, 120 months or shorter136
- Franchise loans38
- Franchise share of approvals22.2 percent
- Leading industry by approval countFull-Service Restaurants (12)
- Most active lenderCommunity Bank of Mississippi (41)
- 504 approvals recorded12
- 504 gross approval dollars$16.5 m
- Average 504 approval$1,373,417
- Median 504 approval$821,000
- Distinct CDCs active2
- 504 jobs per approval16.2
- 504 jobs per million dollars approved11.8
- Most active CDCCentral Mississippi Development Company, Inc. (6)
- 7(a) share of SBA approvals93.4 percent
- Combined SBA approval dollars$83.1 m
The average approval of $389,486 sits well above the median of $192,000, 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 8.8 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 recorded47
- Paid in full43
- Charged off4
- Charge off rate on resolved loans8.5 percent
- Status: Paid in full43
- Status: Exempt from disclosure90
- Status: Cancelled29
- Status: Charged off4
- Status: Committed, not yet disbursed5
Of the 47 loans that have reached a final outcome, 8.5 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
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 lending6
- RIDGELAND, approvals77
- Madison, approvals65
- CANTON, approvals19
- Gluckstadt, approvals5
- Flora, approvals4
- PEARL, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| RIDGELAND | 77 | $34,587,600 |
| Madison | 65 | $20,351,100 |
| CANTON | 19 | $9,503,400 |
| Gluckstadt | 5 | $897,400 |
| Flora | 4 | $1,112,600 |
| PEARL | 1 | $150,000 |
RIDGELAND accounts for 77 approvals against 65 in Madison. 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 area715 sq mi
- Rank by land area among Mississippi counties15th of 82
- Width, east to west42 mi
- Height, north to south33.5 mi
- Geographies sharing a boundary6
- Residents per square mile of land156
- Establishments per square mile4.88
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.
- Population111,647
- Households43,917
- Average household size2.54
- Median household income$83,441
- Median age39.1
Common questions
Madison County questions, answered from the record.
How many people live in Madison County, Mississippi?
111,647, in 43,917 households, ranking 6th of 82 Mississippi counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Madison County growing?
The population has grown 4.69 percent since the 2020 census base. In 2024 there were 1,316 births against 1,067 deaths, with net migration of 930. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Madison County?
$83,441. The median owner-occupied home is valued at $311,100, which is 3.7 times income, and median gross rent is $1,186 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Madison County?
3,489 establishments, employing 55,061 people with an annual payroll of $3.01 bn. 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 $55,426, or $1,066 a week, across 60,205 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?
171 7(a) approvals totalling $66.6 m since FY2020, across 39 lenders, with a median approval of $192,000, plus 12 504 approvals worth $16.5 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Madison County get paid back?
Of the 47 loans that have reached a final outcome, 43 were paid in full and 4 charged off, a charge off rate of 8.5 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Madison County?
552 housing units were authorised by permit in 2024, with a declared construction value of $176.0 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 Madison County Non-migrants, with 39,290 households. Arriving households report an average income of $105,149 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.