Georgia · Census, HUD and BEA figures · Updated

Cost of Living in Madison County, GA

Prices around Madison County, GA run 6.7% below the U.S. average (BEA, the metro area). The typical household there earns $61,963 a year, and HUD puts a two-bedroom at $1,331 a month. Keeping that rent under 30% of income takes about $53,240 a year.

Madison County, GA at a glance

Median household income

$61,963$5,164 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,331HUD FY2026 Fair Market Rent
Price level (U.S. = 100)93.3-6.7% · BEA, the metro area
Electricity16.4¢per kWh · EIA Residential GA
Population31,528Census ACS 5-year estimate

How much rent can you afford in Madison County, GA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,331Monthly market rent
Share of gross income25.8%Recommended max: 30%
Annual income needed$53,240To meet the 30% standard
Max affordable rent$1,549At 30% of $61,963
0%30% (Affordability standard)100%
Compare against:

How much is rent in Madison County, GA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Athens-Clarke County, GA MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Madison County, GA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,159$13,908$46,36022.4%
1-Bedroom Apartment$1,183$14,196$47,32022.9%
2-Bedroom ApartmentBenchmark$1,331$15,972$53,24025.8%
3-Bedroom Home$1,734$20,808$69,36033.6%
4-Bedroom Home$1,831$21,972$73,24035.5%

Rent in Madison County, GA, with the wage each unit needs →

What a typical income covers in Madison County, GA

The 50/30/20 rule applied to the local median of $61,963 a year ($5,164 a month before tax).

Needs (50%)$2,582/moRent ($1,331 2-BR), utilities (~$147/mo), groceries, transit
Wants (30%)$1,549/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,033/moEmergency fund, retirement, paying down loans

What $61,963 leaves after Georgia taxes

Federal income tax, Social Security, Medicare and Georgia tax on the local median income. Change the salary to see yours.

$61,963
$20,000$125,000
Filing status:
Gross salary breakdown$61,963
Net 80%
Fed 8%
GA 4%
FICA 8%
Annual take-home$49,624After all taxes
Monthly deposit$4,135Estimated per month
Biweekly paycheck$1,909Every 2 weeks (26/yr)
Effective tax rate19.9%Total tax burden
Federal income tax$5,256 / yr
Georgia state income tax$2,343 / yr
FICA (Social Security & Medicare)$4,740 / yr

Living in Madison County, GA: common questions

What is the median household income in Madison County, GA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Madison County, GA is $61,963 per year (approximately $5,164 per month).

What is the average rent in Madison County, GA?

The closest official figure is HUD's Fair Market Rent for 2026: $1,159 for a studio, $1,183 for one bedroom, $1,331 for two, $1,734 for three and $1,831 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Madison County, GA expensive to live in?

Prices there run 6.7% below the U.S. average. BEA's regional price parity for the metro area is 93.3, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Madison County, GA?

To keep a $1,331 two-bedroom under 30% of gross income, a household needs about $53,240 a year, or $4,437 a month. That is 86% of what the typical household in Madison County, GA earns.

How much do you need to live comfortably in Madison County, GA?

On the local median income of $61,963 ($5,164 a month before tax), the 50/30/20 rule leaves $2,582 a month for needs like rent, utilities and groceries, $1,549 for everything else and $1,033 for savings or debt. A two-bedroom at $1,331 takes 52% of the needs share.

How much is the electric bill in Madison County, GA?

Homes in Georgia paid 16.4¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $147. Your bill depends mostly on heating and cooling.