Madison, IN

Metropolitan Statistical Area (MSA)

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2024 Population
32,998
US Senator
Todd Young
Republican Party
US Senator
Jim Banks
Republican Party
2024 Median Age
41.8
0.481% 1-year increase
2024 Poverty Rate
12.3%
9.71% 1-year increase
2024 Median Household Income
$64,577
7.65% 1-year growth
2024 Median Property Value
$194,600
7.75% 1-year growth
2024 Employed Population
15,110
1.12% 1-year growth

About

None of the households in Madison, IN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

99% of the residents in Madison, IN are U.S. citizens.

The largest universities in Madison, IN are Hanover College (319 degrees awarded in 2023).

In 2024, the median property value in Madison, IN was $194,600, and the homeownership rate was 71.8%.

Most people in Madison, IN drove alone to work, and the average commute time was 22.2 minutes. The average car ownership in Madison, IN was 2 cars per household.

United StatesIndiana

Population & Diversity

Madison, IN is home to a population of 33k people, from which 99% are citizens. As of 2024, 1.39% of Madison, IN residents were born outside of the country (459 people).

In 2024, there were 34.5 times more White (Non-Hispanic) residents (30k people) in Madison, IN than any other race or ethnicity. There were 869 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 445 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99%
2024 Citizenship
99.1%
2023 Citizenship

As of 2024, 99% of Madison, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Madison, IN was 99.1%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Madison, IN compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Madison, IN
  1. White (Non-Hispanic)
    30k ± 215
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    869 ± 135
  3. White (Hispanic)
    445 ± 168
3.48%
Hispanic Population
1.15k people

In 2024, there were 34.5 times more White (Non-Hispanic) residents (30k people) in Madison, IN than any other race or ethnicity. There were 869 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 445 White (Hispanic) residents, the second and third most common ethnic groups.

3.48% of the people in Madison, IN are hispanic (1.15k people).

The following chart shows the 8 races represented in Madison, IN as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the MSA level, so we are showing data for Indiana.
Most Common Origin
  1. Mexico
    108,287 ± 8,015 people
  2. India
    34,966 ± 4,579 people
  3. China
    17,771 ± 3,269 people

In 2023, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 108,287 Indiana residents, followed by India with 34,966 and China with 17,771.

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Foreign-Born Population

1.39%
2024 Foreign-Born Population
459 people
1.25%
2023 Foreign-Born Population
413 people

As of 2024, 1.39% of Madison, IN residents (459 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Madison, IN was 1.25%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Madison, IN compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    648 ± 184
  2. Gulf War (1990s)
    364 ± 149
  3. Gulf War (2001-)
    162 ± 93

Madison, IN has a large population of military personnel who served in Vietnam, 1.78 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Madison, IN.

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Economy

The economy of Madison, IN employs 15.1k people. In 2024, the largest industries in Madison, IN were Manufacturing (3,481 people), Health Care & Social Assistance (2,127 people), and Retail Trade (1,818 people), and the highest paying industries were Utilities ($120,019), Agriculture, Forestry, Fishing & Hunting ($66,313), and Agriculture, Forestry, Fishing & Hunting, & Mining ($66,292).

Employment

Occupations

15.1k
2024 Value
± 989
1.12%
1 Year growth
± 9.26%

From 2023 to 2024, employment in Madison, IN grew at a rate of 1.12%, from 14.9k employees to 15.1k employees.

The most common job groups, by number of people living in Madison, IN, are Production Occupations (2,107 people), Management Occupations (1,880 people), and Sales & Related Occupations (1,442 people). This chart illustrates the share breakdown of the primary jobs held by residents of Madison, IN.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Indiana.

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

15.1k
2024 Value
± 989
1.12%
1 Year growth
± 9.26%

From 2023 to 2024, employment in Madison, IN grew at a rate of 1.12%, from 14.9k employees to 15.1k employees.

The most common employment sectors for those who live in Madison, IN, are Manufacturing (3,481 people), Health Care & Social Assistance (2,127 people), and Retail Trade (1,818 people). This chart shows the share breakdown of the primary industries for residents of Madison, IN, though some of these residents may live in Madison, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$49,365
Median earning men ± $2,752
$36,116
Median earning women ± $3,078

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($88,098), Educational Services, & Health Care & Social Assistance ($63,788), and Manufacturing ($61,046).

The industries with the best median earnings for women in 2024 are Construction ($54,900), Transportation & Warehousing, & Utilities ($53,250), and Educational Services, & Health Care & Social Assistance ($47,263).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Indiana.
Y-Axis
2.48%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 3.21M people employed in Indiana. This represents a 2.48% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 15.4%.

The following chart shows monthly employment numbers for each industry sector in Indiana.

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Establishments by Size

The industries with the most establishments
  1. 56
    Other Services (except Public Administration)
  2. 49
    Retail Trade
  3. 37
    Health Care and Social Assistance

The visualization shows the distribution of establishments by industry and by size according to the number of employees.

The visualization shows the number of establishments and its share across establishment sizes.

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Payroll by Industry Sector

The industries with the highest total annual payroll
  1. $199k
    Manufacturing
  2. $103k
    Health Care and Social Assistance
  3. $44.4k
    Retail Trade

The chart shows the total annual payroll and the average annual payroll by industry.

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Civics

In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

Todd Young and Jim Banks are the senators currently representing the state of Indiana. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Indiana is currently represented by 9 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Madison, IN. Showing the available data for Indiana.
2024 Election Results
  1. Donald J. Trump (58.8%)
    Republican Party
  2. Kamala Harris (39.8%)
    Democratic Party
  3. Robert Kennedy (1%)
    Independent Party

In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

The following chart shows the popular vote results in Indiana for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Indiana

Senatorial voting results are only available at the state level. Showing data for Indiana.
Todd Young
Senator from Indiana3
Assumed office on January 3, 2017
Jim Banks
Senator from Indiana1
Assumed office on January 3, 2025

Todd Young and Jim Banks are the senators currently representing Indiana.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Indiana over time, excluding special elections, colored by their political party.

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Education

In 2023, universities in Madison, IN awarded 319 degrees. The student population of Madison, IN in 2023 is skewed towards women, with 565 male students and 592 female students.

Most students graduating from Universities in Madison, IN are White (245 and 78.3%), Unknown (22 and 7.03%), Black or African American (18 and 5.75%), and Hispanic or Latino (14 and 4.47%).

The largest universities in Madison, IN by number of degrees awarded are Hanover College (319 and 100%).

The most popular majors in Madison, IN are Physical Therapy (72 and 22.6%), General Business (31 and 9.72%), and General Communication (23 and 7.21%).

The median tuition cost in Madison, IN for private four year colleges is $41,092.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University
Measure

In 2023 in Madison, IN, the percentage of applicants admitted was 84%, while the percentage of admitted who enrolled was 11.6%. The number of students enrolled in 2023 was 1,157 (48.8% men and 51.2% women).

The line chart  shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

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Enrollments by Gender and Races

Universities

In 2023 there were 1,157 students enrolled in Madison, IN, 48.8% men and 51.2% women.

By race, the largest number of students enrolled was concentrated in White with 876 records, of which 54.7% were women and 45.3% men.

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Completions

Concentrations

Most Common
  1. General Health & Physical Education
    22 degrees awarded
  2. General Business
    31 degrees awarded
  3. General Communication
    23 degrees awarded

In 2023, the most common concentation for Bachelors Degree recipients in Madison, IN was General Health & Physical Education with 22 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Madison, IN according to their major.

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Universities

Gender
Race
Hanover College
Largest Universities by degrees awarded
319 degrees awarded

In 2023, the institution with the largest number of graduating students was Hanover College with 319 degrees awarded.

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Student Diversity

University

In 2023, 139 men were awarded degrees from institutions in Madison, IN, which is 0.772 times less than the 180 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 245 degrees mean that there were 11.1 times more degrees awarded to White students then the next closest race/ethnicity group, Unknown, with 22 degrees awarded.

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Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($41,092) is the sector with the highest median state tuition in 2023.

Private not-for-profit, 4-year or above ($891) is the sector with the highest median state fee in 2023.

Private not-for-profit, 4-year or above ($1,200) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

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Housing & Living

The median property value in Madison, IN was $194,600 in 2024, which is 0.585 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $180,600 to $194,600, a 7.75% increase. The homeownership rate in Madison, IN is 71.8%, which is higher than the national average of 65.2%.

People in Madison, IN have an average commute time of 22.2 minutes, and they drove alone to work. Car ownership in Madison, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$194,600
Median Property Value 2024
±$9,710
$9,188
Median Property Taxes
±$703

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Madison, IN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Madison, IN compared to it's parent and neighbor geographies.

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Rent vs Own

71.8%
Homeownership
2024
67.3%
Homeowners with Mortgage
2024

In 2024, 71.8% of the housing units in Madison, IN were occupied by their owner. This percentage grew from the previous year's rate of 69.4%.

This chart shows the percentage of owner in Madison, IN compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$64,577
Median Household Income
± $5,301
12.8k
Number of Households
± 859

In 2024, the median household income of the 12.8k households in Madison, IN grew to $64,577 from the previous year's value of $59,987.

The following chart displays the households in Madison, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Madison, IN is from Indiana.
0.445
2023 Wage GINI in Indiana
0.448
2022 Wage GINI in Indiana

In 2023, the income inequality in Indiana was 0.445 according to the GINI calculation of the wage distribution. Income inequality had a 0.529% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (82.3%)
  2. Carpooled (8.61%)
  3. Worked At Home (5.75%)

In 2024, 82.3% of workers in Madison, IN drove alone to work, followed by those who carpooled to work (8.61%) and those who worked at home (5.75%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

22.2 minutes
Average Travel Time

Using averages, employees in Madison, IN have a shorter commute time (22.2 minutes) than the normal US worker (26.4 minutes). Additionally, 1.24% of the workforce in Madison, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Madison, IN compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Madison, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Madison, IN have 2 cars.

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Poverty

Poverty & Diversity

12.3% of the population for whom poverty status is determined in Madison, IN (3.81k out of 30.9k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Females 35 - 44 and then Males 25 - 34.

The most common racial or ethnic group living below the poverty line in Madison, IN is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

92.4% of the population of Madison, IN has health coverage, with 47.6% on employee plans, 16% on Medicaid, 16.2% on Medicare, 11.8% on non-group plans, and 0.874% on military or VA plans.

Primary care physicians in Indiana see 1,524 patients per year on average, which represents a 0% change from the previous year (1,524 patients). Compare this to dentists who see 1681 patients per year, and mental health providers who see 474 patients per year.

By gender, of the total number of insured persons, 48.7% were men and 51.3% were women.

Coverage

Patient to Clinician Ratios

Data is only available at the state level. Showing data for Indiana.
1,524 to 1
Patient to Primary Care Physician Ratio in Indiana

Primary care physicians in Indiana see an average of 1,524 patients per year. This represents a 0% change from the previous year (1,524 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Indiana in comparison to its neighboring geographies.

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Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 22% under 18 years, 20.4% between 18 and 34 years, 38.5% between 35 and 64 years, and 19.1% over 64 years.

By gender, of the total number of insured persons, 48.7% were men and 51.3% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

7.55%
Uninsured
47.6%
Employer Coverage
16%
Medicaid
16.2%
Medicare
11.8%
Non-Group
0.874%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Madison, IN declined by 14% from 8.78% to 7.55%.

The following chart shows how the percent of uninsured individuals in Madison, IN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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