Income & Economy in Madison Heights CDP, VA (24572)
Median Income
$64,158
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+876
Wealth inflow
Population
15,515
Unemployment
3.5%
0.2pp below US avg
IRS migration statistics show a net inflow of about 876 for ZIP 24572 (Madison Heights CDP, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 24572 (2020–Present)
Since 2020, population declined 5.9%, median income rose 1.2% (inflation-adjusted), home values increased 8.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $64,158 |
| Unemployment | 3.5% |
| Establishments | 292 |
| Employees | 3,022 |