Madisonville, LA
Population 971 · Louisiana
About Madisonville, LA
Madisonville is a small community located in Louisiana with a population of 971 residents according to the latest US Census Bureau American Community Survey data. The median household income is $112,500 per year, which is 50% above the national median of $75,149. The median age of 45.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Madisonville features a median home value of $391,800, which is 60% above the national median of $244,900. This places Madisonville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,102, 5% below the national average of $1,163/month. Of the 457 total housing units, 91% are owner-occupied (360 units) and 9% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Madisonville shows an unemployment rate of 6.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 5.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Madisonville have an average one-way commute time of 27.1 minutes.
Education & Demographics
58.6% of Madisonville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 2.3% Asian residents, with 1.4% of the population being foreign-born.
How Madisonville Ranks in Louisiana
Cost of Living in Madisonville, LA
Compared to national averages, Madisonville has a median household income of $112,500 (50% above the national median of $75,149). Home values average $391,800, which is 60% above the national median. Monthly rent at $1,102 is 5% below the US average of $1,163. Within Louisiana, Madisonville's income is 106% above the state average of $54,685, and home values are 150% above the state median of $156,619.
Why Live in Madisonville, LA?
Madisonville offers a strong local economy with a median household income of $112,500, well above the national average, and rent that’s lower than the national average at $1,102/month, and a well-educated community where 58.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $391,800. However, Madisonville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Madisonville has a population of 971 with a median age of 45.6 years. Compare Madisonville with other cities to see how it stacks up, or explore all cities in Louisiana.
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Cities in Louisiana with a similar population size.
Demographics
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Economy & Education
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Other Cities in Louisiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Madisonville
What is the population of Madisonville, LA?
The population of Madisonville, LA is 971 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Louisiana.
What is the median household income in Madisonville?
The median household income in Madisonville, LA is $112,500 per year, which is 50% above the national median of $75,149.
What is the median home value in Madisonville?
The median home value in Madisonville, LA is $391,800, which is 60% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Madisonville?
The median monthly rent in Madisonville, LA is $1,102, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Madisonville?
The unemployment rate in Madisonville, LA is 6.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Madisonville, LA a good place to live?
Madisonville offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 971 and a median age of 45.6, the city appeals to established professionals and retirees.
How educated is Madisonville, LA?
58.6% of residents in Madisonville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Madisonville?
Key cost-of-living indicators for Madisonville, LA: median home value is $391,800 (60% above national), median rent is $1,102/month, and median household income is $112,500. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Madisonville?
The poverty rate in Madisonville, LA is 5.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Madisonville, LA?
Madisonville's population is 0.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 2.3% Asian, and 5.6% two or more races. 1.4% of residents are foreign-born.