Madison County, Missouri: commercial real estate data.
Madison County, Missouri has a population of 12,729 across 494 square miles, up 1.8 percent since the 2020 census base. 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.
112 sourced county values · tier FULL · 11 sections
Madison County
How many people live in Madison County
- Population12,729
- 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-equivalents2303rd
Madison County is the 74th largest of 115 Missouri counties by population. A median home costs 2.9 times median household income, which is an affordable ownership market 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 growing
- Population change since the 2020 census base1.80 percent
- Census 2020 base population12,625
- 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
The county has grown 1.80 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone 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 people moving to Madison County come from
- Tax returns filed by households arriving320
- People arriving, from those returns642
- Adjusted gross income arriving$13.2 m
- Net adjusted gross income movement$0
- Average income of an arriving household$41,328
- Largest single originMadison County Non-migrants (4,149 households)
- Largest single destination (4,149 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Madison County Non-migrants | 4,149 | 8,761 | $224.3 m |
| Other flows - Same State | 125 | 248 | $4.8 m |
| St. Francois County | 117 | 234 | $4.9 m |
| Other flows - Different State | 58 | 121 | $3.0 m |
| Other flows - South | 33 | 66 | $1.4 m |
| Other flows - Midwest | 25 | 55 | $1.6 m |
| Iron County | 20 | 39 | $542,000 |
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$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 Missouri counties86th
- Rank by GDP among US county-equivalents2595th
- 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
Who employs people in Madison County
- Covered employment, annual average3,585
- Establishments reporting344
- Average annual pay$40,593
- Average weekly wage$781
- Sector 31-33, employment594
- Sector 31-33, average annual pay$47,542
- Sector 44-45, employment522
- Sector 44-45, average annual pay$31,859
- Sector 62, employment499
- Sector 62, average annual pay$38,609
- Sector 23, employment222
- Sector 23, average annual pay$45,149
- Sector 81, employment151
- Sector 11, employment53
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 594 | 14 | $47,542 |
| Sector 44-45 | 522 | 38 | $31,859 |
| Sector 62 | 499 | 104 | $38,609 |
| Sector 23 | 222 | 32 | $45,149 |
| Sector 81 | 151 | 18 | $35,991 |
| Sector 11 | 53 | 6 | $46,354 |
| Sector 54 | 48 | 14 | $56,185 |
| Sector 21 | 14 | 4 | $36,665 |
The largest sector is the biggest private employer group at 594 jobs, 16.6 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 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.
US Census Bureau, County Business Patterns, 2023.
Madison County
What is being built in Madison County
- Housing units authorised by permit, 20240
- Declared construction value permitted$0
- Single family units authorised0
- Multifamily units authorised0
No residential units were authorised 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
How much SBA lending happens in Madison County
- 7(a) approvals recorded4
- 7(a) gross approval dollars$1.3 m
- Average 7(a) approval$324,925
- Median 7(a) approval$187,700
- 10th percentile approval$40,000
- 90th percentile approval$1,032,000
- 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) term180 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
- Leading industry by approval countOther Poultry Production (1)
- Most active lenderFirst Financial Bank (2)
- 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
- Most active CDCRural Missouri, Inc. (1)
- 7(a) share of SBA approvals80.0 percent
- Combined SBA approval dollars$2.0 m
The average approval of $324,925 sits well above the median of $187,700, 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 0.0 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 recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure3
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 0 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 lending2
- ANNAPOLIS, approvals2
- FREDERICKTOWN, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| ANNAPOLIS | 2 | $1,219,700 |
| FREDERICKTOWN | 2 | $80,000 |
ANNAPOLIS accounts for 2 approvals against 2 in FREDERICKTOWN. 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 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.
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.
- Population12,729
- 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?
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 growing?
The population has grown 1.80 percent since the 2020 census base. 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 there 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 the average wage in Madison County?
Average annual pay is $40,593, or $781 a week, across 3,585 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?
4 7(a) approvals totalling $1.3 m since FY2020, across 2 lenders, with a median approval of $187,700, plus 1 504 approvals worth $740,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Madison County?
No residential units were authorised 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 Madison County Non-migrants, with 4,149 households. Arriving households report an average income of $41,328 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.