Pay and cost of living in Madison County, IA
Across the 9 occupations we cover in Madison County, IA, the middle median salary is $46,370 a year. Pay runs from $29,140 for Fast Food and Counter Workers up to $98,780 for General and Operations Managers, a spread of $69,640. Wages come from the Des Moines-West Des Moines, IA survey area.
A one-bedroom apartment in Madison County, IA has a HUD Fair Market Rent of $1,145 a month and a two-bedroom $1,360. Rent, food, home energy and gasoline for one adult add up to $20,432 a year. After federal, FICA and state income taxes, the average occupation here takes home $40,953 a year, and every one of the 9 occupations listed here earns enough take-home pay to cover the four basics.
Open any occupation below for its full payslip, the tax breakdown, the rent comparison and a plain-English explanation of what is left after the basics. Every figure uses the same method, so results are comparable from one job and one county to the next.
Housing, taxes and commute in Madison County, IA
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Madison County, IA, set beside the Iowa and national medians.
Median household income in Madison County, IA is $90,855, 21% above the Iowa median of $75,059 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($13,740) equals 15.1% of that income. The median of the occupation medians listed here, $46,370, is 49% below household income, which is expected because a household can hold more than one earner.
Homeowners in Madison County, IA pay a median of $3,624 a year in real estate taxes, 25% above the Iowa median of $2,897. With a median home value of $245,100, 18% above the Iowa median of $208,000, the ratio of the two medians is 1.48% a year.
Renters in Madison County, IA pay a median gross rent of $1,036 a month in the Census survey, 7% above the Iowa median of $972. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $1,145; the Census figure covers rental units of every size.
Workers in Madison County, IA who travel to a workplace spend an average of 28.7 minutes each way, 45% above the Iowa average of 19.8. 17.4% of workers work from home, compared with 15.1% nationally.