2024 Compare Cities Economy:
Madison, VA vs Lexington, VA

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Highlights
- Household income in Lexington, is 64% more than it is in Madison and is 4% below the National Average.
- Madison unemployment rate is 3.2%.
- Lexington unemployment rate is 6.5%.
 Madison, VALexington, VAUnited States
 Unemployment Rate3.2%6.5%6.0%
 Recent Job Growth1.9%0.1%1.6%
 Future Job Growth33.0%27.2%33.5%
 Sales Taxes5.3%5.3%6.2%
 Income Taxes5.8%5.8%4.6%
 Income per Cap.$19,786$23,763$37,638
 Household Income$40,417$66,114$69,021
 Family Median Income$48,000$91,411$85,028
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 Est. Households By Income
 Madison, VALexington, VAUnited States
 Income Less Than 15K9.7%19.8%9.4%
 Income between 15K and 20K13.1%4.4%3.8%
 Income between 20K and 30K17.2%6.8%8.1%
 Income between 30K and 40K9.7%6.3%8.0%
 Income between 40K and 50K19.3%5.5%7.6%
 Income between 50K and 60K1.4%4.6%7.2%
 Income between 60K and 75K4.1%5.1%9.6%
 Income between 75K and 100K15.2%17.7%12.8%
 Income between 100K and 150K9.0%22.4%16.3%
 Income between 150K and 200K1.4%4.6%7.8%
 Income greater than 200K0.0%2.6%9.5%
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 Population By Occupation
 Madison, VALexington, VAUnited States
 Management, business, finance16.5%8.2%16.4%
 Engineering, computers, science1.3%8.8%6.5%
 Community, social services0.0%3.3%1.8%
 Legal12.0%0.9%1.2%
 Education, library3.2%17.9%6.2%
 Arts, design, media, sports, entertainment3.2%4.1%2.0%
 Healthcare practitioners and technology0.6%10.5%6.2%
 Healthcare support0.0%1.6%3.3%
 Firefighters, law enforcement0.0%3.1%2.1%
 Food preparation, serving0.6%7.5%5.4%
 Building maintenance0.0%1.4%3.6%
 Personal care6.3%4.4%2.6%
 Sales, office, administrative support32.9%20.8%20.9%
 Farming, fishing, forestry5.7%0.0%0.6%
 Construction, extraction, maintenance/repair9.5%2.8%8.1%
 Production, transportation, material moving8.2%4.6%13.1%
Reviews for Madison    0 Reviews

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Reviews for Lexington    3 Reviews

I moved to the city of Lexington from Houston 4.5 years ago. I couldn't be happier. Residents are polite and friendly. There is employment for seniors like myself and I  More

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Lexington is a nice little town in the Shenandoah Valley, but is quite expensive to live in. It is most likely due to the snow-birds moving to a location closer to  More

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Over 17 years ago

would love to trade houses in lexington, have a 3+bedroom, 2 bathroom, family living, dining room, hottub room... anyone interested? south west florida small town, 2  More

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