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The total population of Madisonville is estimated to be 19,433 with 9,380 males (48.27%) and 10,053 females (51.73%). There are 673 more females than males in Madisonville.
The median household income in Madisonville was $50,604 in 2021, which marked an an increase of 1,660(3.39%) from $48,944 in 2020. This income is 67.83% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Madisonville sees its highest median household income among householders in the age group of 45 to 64 years old, at $58,900. Overall, the median household income for the city of Madisonville stands at $50,604.
In Madisonville, the median income for all workers aged 15 years and older, regardless of work hours, was $40,706 for males and $22,671 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,491 for males and $41,271 for females.
In Madisonville, there are just two different racial groups among households. Among these, White households report a median household income of $51,075, while Black or African American households have a median household income of $44,588.
In 2022, the population of Madisonville was 19,214, a 0.90% decrease year-by-year from 2021. Previously, in 2021, Madisonville's population was 19,388, a decline of 0.73% compared to a population of 19,531 in 2020.
The median age in Madisonville, KY is 36.6, as per 2021 ACS 5-Year Estimates. Of the total population, 20.92% were under the age of 15, 19.74% aged 15 to 29, 41.51% aged 30 to 64, 16.46% aged 65 to 84, and 1.36% were 85 years of age and older.
Racial distribution of Madisonville population: 81.76% are White, 10.69% are Black or African American, 0.05% are American Indian and Alaska Native, 1.48% are Asian, 0.14% are Native Hawaiian and other Pacific Islander, 0.36% are some other race and 5.52% are multiracial.