What is the median household income in Madison Township, IL?

Name: Income and affordability in Madison Township, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median household income in Madison Township, IL is $78,482 (±$29,344) a year (2020–2024 American Community Survey).

Paying the median gross rent of $815 a month would take about $32,600 a year at the common guideline of spending no more than 30% of income on rent.

In Madison Township, the median household income went from $53,650 in 2015–2019 to $78,482 in 2020–2024 (+46.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median household income: $78,482 (±$29,344)
Income to afford median rent: about $32,600

Income in Madison Township against Richland County, its state and the nation

Income, estimate (90% margin of error)
	Madison Township	Richland County	Illinois	United States
Median household income	$78,482 (±$29,344)	$62,455 (±$5,569)	$83,390 (±$362)	$80,734
Median renter household income	—	$34,469 (±$9,299)	$50,420 (±$471)	$52,966
Median owner household income	$78,839 (±$26,388)	$78,757 (±$3,445)	$103,505 (±$377)	$100,009
Median gross rent	$815 (±$109)	$805 (±$43)	$1,274 (±$5)	$1,413

In Madison Township, median household income is not measurably different from Richland County ($62,455).

It is not measurably different from Illinois ($83,390).

It is not measurably different from the national figure ($80,734).

In Richland County, Madison Township ranks 5 of 14 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 1126 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Madison Township

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $815 a month ($9,780 a year) needs an income of about $32,600 a year.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median household income	$53,650 (±$7,608)	$78,482 (±$29,344)	+46.3%	No measurable change after inflation
Median gross rent	$901 (±$399)	$815 (±$109)	−9.5%	No measurable change after inflation
Median home value	$60,900 (±$9,810)	$55,200 (±$7,316)	−9.4%	Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median household income in places near Madison Township

Nearest places with a published estimate, compared with Madison Township
Place	Distance	Median household income	Compared with this place
Madison Township	—	$78,482 (±$29,344)	—
Parkersburg	2.5 mi	$42,917 (±$25,204)	Not measurably different
Calhoun	3.4 mi	$76,250 (±$40,918)	Not measurably different
Bonpas Township	6.5 mi	$88,125 (±$14,814)	Not measurably different
Olney Township	6.6 mi	$61,924 (±$6,062)	Not measurably different
Decker Township	6.9 mi	$91,750 (±$32,114)	Not measurably different
Olney	7.8 mi	$59,980 (±$8,256)	Not measurably different
West Salem	7.8 mi	$49,821 (±$14,530)	Not measurably different
Noble	9.1 mi	$57,143 (±$16,150)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Richland County, place by place

Rank	Place	Median household income
1	German Township	$110,500 (±$8,278)
2	Denver Township	$92,321 (±$34,154)
3	Decker Township	$91,750 (±$32,114)
4	Bonpas Township	$88,125 (±$14,814)
5	Madison Township	$78,482 (±$29,344)
6	Calhoun	$76,250 (±$40,918)
7	Claremont Township	$71,705 (±$21,289)
8	Olney Township	$61,924 (±$6,062)
9	Olney	$59,980 (±$8,256)
10	Noble	$57,143 (±$16,150)
11	Preston Township	$53,941 (±$5,032)

Showing 11 of 14 places in Richland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Madison Township

What is the median household income in Madison Township?

The median household income in Madison Township is $78,482 (±$29,344) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Madison Township?

About $32,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $815 a month.

Have incomes in Madison Township kept up with inflation?

In Madison Township, the median household income went from $53,650 in 2015–2019 to $78,482 in 2020–2024 (+46.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Madison township, Richland County, Illinois (county subdivision:46006, in state:17 county:159).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.