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Madison County, TN

RANK #933 / 1001 NAT  ·  #28 / 33 TN  ·  POP 99,295

1YR FORECAST: -1.0%

5YR OUTLOOK: +10%

Our model projects Madison County's housing market at -1.0% over the next year, underperforming most U.S. counties.

[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.

MARKET PROFILE

Idiosyncratic Markets

Madison County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices -0.9% YoY, population +0.5%, wages +4.2%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
5.7x

Below national median (11.3x)

Home Prices
-0.9%

Prices declining

Climate & Terrain
-1.4

Below-average climate & terrain

Price/Rent
12x

Below national median (15x)

Housing is fairly valued at 5.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    West Tennessee Healthcare Healthcare
    5,000+
  2. 2
    Jackson-Madison County School System Education
    1,000+
  3. 3
    Delta Faucet Company Manufacturing
  4. 4
    Kellanova (Kellogg) Plant Manufacturing
  5. 5
    Stanley Black & Decker Manufacturing
  6. 6
    Madison County Government Government
    500+
  7. 7
    Union University Education
  8. 8
    City of Jackson Government
  9. 9
    The Jackson Clinic Healthcare
  10. 10
    Kirklands Home Distribution Center Logistics

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Madison County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
99,295
+0.46% YoY
Median Household Income
$60,042
Median Home Value
$211,800
-0.94% 12mo
Median Rent
$1,123
Average Annual Pay
$60,495
+4.2% YoY
Employment
61,056
+0.1% YoY
Income-to-Home-Value
0.2835
More affordable than average
Migration Inflow
4.49%
of pop. from another state
Bachelor's Degree+
26.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$271,250
Days on Market
40
Moderate pace
Months of Supply
3.8
Balanced market
Sale-to-List Ratio
96.7%
Negotiation room for buyers
Sold Above List
11.0%
Listings w/ Price Drops
33.1%
Building Permits (2025)
236
Single-Family Permits
236

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
13.1
per 100K · nat avg 6.5
Firearm Fatalities
21.3
per 100K · nat avg 13.4
Injury Deaths
93.9
per 100K · nat avg 83.6
vs National Average
Well above national avg
based on homicide rate
10-Year Trend
Up 18% since 2015
homicide rate, 2015 → 2025

Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →

See where Madison County stands nationally: safest large counties in America · highest homicide-rate counties.

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
40.7
Good
Good Air Days
68%
731 of 1,072 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
38
2022
41
2023
43
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] Score Breakdown

Population Growth +0.5% 42 percentile
Income Growth +3.2% 61 percentile
Vacancy Rate 1.3% 27 percentile
Home Price Change -0.9% 13 percentile
Rent Growth +2.5% 38 percentile
Price/Rent 12x 83 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

The data is not encouraging — Madison County scores just 6/100 on the Boom Town Index, ranking #933 of 1001 counties. Job growth at +0.1% and median household income of $60,042 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Madison County affordable?

Housing in Madison County is roughly in line with national affordability norms. The median home costs $211,800 and the income-to-home-value ratio sits at 0.28, with rents averaging $1,123/month. Not a bargain, but not a stretch for most local earners either.

Is Madison County growing or shrinking?

Population and employment in Madison County are both close to flat — population +0.5% YoY and jobs +0.1%. Home values shifted -0.9% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Madison County?

There's a moderate stream of newcomers. About 4.49% of residents moved from another state, which is above average and suggests Madison County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Tipton County, TN 6 Shelby County, TN 5 Hamilton County, TN 5 Coffee County, TN 8 McMinn County, TN 2 Gibson County, TN 11 Lafourche Parish, LA 6 St. Charles Parish, LA 6