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Madison County, TN

RANK #658 / 996  ·  POP 98,644  ·  TN

PROJECTED GROWTH: +0.2%

Madison County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Madison County?

Madison County, Tennessee, is home to Pinson Mounds State Archaeological Park, a significant site featuring one of the largest Middle Woodland period mound complexes in the United States, including the country's second-tallest earthwork mound. Located in West Tennessee, the county seat of Jackson is approximately halfway between Memphis and Nashville. The community offers a blend of suburban and rural living, with a commute time averaging around 17 minutes. Outdoor recreation includes numerous parks, such as the 850-acre Middle Fork Bottoms Recreation Area, which offers fishing and walking trails.

Life in Madison County is characterized by a mix of families and young professionals, with most residents owning their homes. The Jackson-Madison County School System serves over 13,000 students across 26 campuses, focusing on career readiness and providing a quality education. The local economy is experiencing growth, driven by investments in manufacturing and other sectors. Recent years have seen an increase in economic development projects, contributing to job creation and a diversified industrial base.

[02] Market Snapshot

Housing Ratio
2.5x

Undervalued relative to economy

GDP Growth
+2.8%

Above national median

Home Prices
-1.6%

Prices declining

Climate & Terrain
-1.4

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Madison County U.S. National

The Numbers

DEMOGRAPHICS
Population
98,644
+0.28% YoY
Median Household Income
$55,280
Median Home Value
$170,700
-1.6% 12mo
Median Rent
$994
Average Annual Pay
$58,054
+2.8% YoY
Employment
60,967
+0.2% YoY
Income-to-Home-Value
0.3238
More affordable than average
Migration Inflow
4.32%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$294,500
Days on Market
70
Slower market
Months of Supply
3.2
Balanced market
Sale-to-List Ratio
97.1%
Negotiation room for buyers
Sold Above List
16.1%
Listings w/ Price Drops
19.0%
Building Permits (2024)
247
Single-Family Permits
247

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$11,085M
TOTAL
PROJECT AMOUNT STATUS
AWS Data Center Campuses
Amazon Web Services (AWS)
$10,000M Under Construction
Georgia-Pacific Dixie® Manufacturing Facility
Georgia-Pacific
$425M Completed
The Crossings at Exum Place (Mixed-Use Development)
Unknown
$350M Planned
6K Energy Battery Material Manufacturing Site
6K Energy
$166M Planned
McKellar Solar Farm (70 MWAC)
TVA, Meta, Silicon Ranch, Jackson Energy Authority
$90M Completed
Toyota Boshoku Tennessee (TBTN) Expansion
Toyota Boshoku Tennessee, LLC (TBTN)
$54M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.8% 51 percentile
Population Growth +0.3% 42 percentile
Income Growth +7.3% 22 percentile
Vacancy Rate 1.8% 12 percentile
Home Price Change -1.6% 17 percentile
Rent Growth +2.6% 43 percentile
Price/Rent 10x 87 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Madison County, TN a good place to move to?

Madison County has a Boom Town Index score of 34/100, ranking #658 among 996 U.S. counties. With job growth at +0.2% and a median household income of $55,280, it faces some economic headwinds compared to faster-growing counties.

Is Madison County affordable?

The median home value in Madison County is $170,700 with median rent at $994/month. The income-to-home-value ratio is 0.3238, which is more affordable than the national average.

Is Madison County growing or shrinking?

Population growth: +0.3% year-over-year. Job growth: +0.2%. Home values changed -1.6% in the past 12 months.

Are people moving to Madison County?

Yes — 4.32% of Madison County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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