Madisonville is a city in Kentucky state in USA with a population of 18801 residents.. The poverty rate of Madisonville is 24%, which is 71% higher than national average. The typical household in Madisonville earns $43193 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 58.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Madisonville, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madisonville remained 7.7%, which is 64% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madisonville, only 20% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Madisonville is 86, which is 14% lower than national average. Median home value in Madisonville is $123700 , which is 46% lower than national average. While median income in Madisonville remained $43193, which is 36% lower than national average.