Madison, IN

Metropolitan Statistical Area (MSA)

Add Comparison

2023 Population

33,074

0.0514% 1-year growth

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2023 Poverty Rate

11.2%

12.5% 1-year decrease

2023 Median Property Value

$180,600

7.44% 1-year growth

About

In 2023, Madison, IN had a population of 33.1k people with a median age of N/A and a median household income of N/A. Between 2022 and 2023 the population of Madison, IN grew from 33,057 to 33,074, a 0.0514% increase and its median household income N/A from N/A to N/A, a N/A% N/A.

The 5 largest ethnic groups in Madison, IN are White (Non-Hispanic) (91.7%), Two+ (Non-Hispanic) (2.75%), White (Hispanic) (1.44%), Black or African American (Non-Hispanic) (1.06%), and Other (Hispanic) (0.961%).

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.

99.1% of the residents in Madison, IN are U.S. citizens.

The largest universities in Madison, IN are Hanover College (300 degrees awarded in 2022).

In 2023, the median property value in Madison, IN was $180,600, and the homeownership rate was 69.4%.

Most people in Madison, IN drove alone to work, and the average commute time was 21.9 minutes. The average car ownership in Madison, IN was 2 cars per household.

Madison, IN borders Louisville/Jefferson County, KY-IN and North Vernon, IN.

United States Indiana

Population & Diversity

Madison, IN is home to a population of 33.1k people, from which 99.1% are citizens. As of N/A, N/A% of Madison, IN residents were born outside of the country (N/A people).

In 2023, there were 33.3 times more White (Non-Hispanic) residents (30.3k people) in Madison, IN than any other race or ethnicity. There were 911 Two+ (Non-Hispanic) and 477 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.1%

2023 Citizenship

99.2%

2022 Citizenship

As of 2023, 99.1% of Madison, IN residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Madison, IN was 99.2%, 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.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Madison, IN

White (Non-Hispanic)
30.3k ± 87
Two+ (Non-Hispanic)
911 ± 164
White (Hispanic)
477 ± 128

3.4%

Hispanic Population

1.13k people

3.4% of the people in Madison, IN are hispanic (1.13k people).

The following chart shows the 7 races represented in Madison, IN as a share of the total population.

Military

Veterans

Most Common Service Period

Vietnam
703 ± 221
Gulf War (1990s)
298 ± 145
Gulf War (2001-)
192 ± 108

Madison, IN has a large population of military personnel who served in Vietnam, 2.36 times greater than any other conflict.

Economy

The economy of Madison, IN employs N/A people. The largest industries in Madison, IN are Manufacturing (3,652 people), Health Care & Social Assistance (1,933 people), and Retail Trade (1,859 people), and the highest paying industries are Utilities ($113,667), Agriculture, Forestry, Fishing & Hunting ($63,406), and Agriculture, Forestry, Fishing & Hunting, & Mining ($63,328).

Employment

Occupations

N/A

N/A Value

± N/A

From N/A to N/A, employment in Madison, IN stayed at a rate of NaNk%, from N/A employees to N/A employees.

The most common job groups, by number of people living in Madison, IN, are Production Occupations (2,196 people), Management Occupations (1,605 people), and Sales & Related Occupations (1,484 people). This chart illustrates the share breakdown of the primary jobs held by residents of Madison, IN.

Unemployment Insurance Claims

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

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.

View Full Dashboard

Industries

Employment by Industries

N/A

N/A Value

± N/A

From N/A to N/A, employment in Madison, IN stayed at a rate of NaNk%, from N/A employees to N/A employees.

The most common employment sectors for those who live in Madison, IN, are Manufacturing (3,652 people), Health Care & Social Assistance (1,933 people), and Retail Trade (1,859 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.

Median Earnings by Industry

$46,875

Median earning men ± $3,895

$31,225

Median earning women ± $4,562

The industries with the best median earnings for men in 2023 are Information ($83,413), Transportation & Warehousing, & Utilities ($73,571), and Manufacturing ($62,003).

The industries with the best median earnings for women in 2023 are Construction ($56,953), Manufacturing ($42,618), and Public Administration ($40,885).

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.

Establishments by Size

The industries with the most establishments

56
Other Services (except Public Administration)
49
Retail Trade
37
Health Care and Social Assistance

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

Depending on the option selected, the visualization shows the number of employees or number of establishments and its share across establishment sizes.

Payroll by Industry Sector

The industries with the highest total annual payroll

$199k
Manufacturing
$103k
Health Care and Social Assistance
$44.4k
Retail Trade

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

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

Presidential Popular Vote Over Time

Voting results are not available for Madison, IN. Showing the available data for Indiana.

2024 Election Results

Donald J. Trump (58.8%)
Republican Party
Kamala Harris (39.8%)
Democratic Party
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.

Senator Elections

US Senators from Indiana

Senatorial voting results are only available at the state level. Showing data for Indiana.

Todd Young

Senator from Indiana

Assumed office on January 3, 2017

Jim Banks

Senator from Indiana

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.

US Representative Elections

US Representatives from Indiana

Indiana is currently represented by 9 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Indiana have changed over time starting in 2008.

Education

In 2022, universities in Madison, IN awarded 300 degrees. The student population of Madison, IN in 2022 is skewed towards women, with 548 male students and 576 female students.

Most students graduating from Universities in Madison, IN are White (222 and 78.4%), followed by Unknown (30 and 10.6%), Hispanic or Latino (12 and 4.24%), and Black or African American (11 and 3.89%).

The largest universities in Madison, IN by number of degrees awarded are Hanover College (300 and 100%).

The most popular majors in Madison, IN are General Psychology (31 and 10.3%), General Biological Sciences (29 and 9.67%), and General Business (26 and 8.67%).

The median tuition cost in Madison, IN for private four year colleges is $40,336.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2022 in Madison, IN, the percentage of applicants admitted was 74.1%, while the percentage of admitted who enrolled was 11.9%. The number of students enrolled in 2022 was 1,124 (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.

Enrollments by Gender and Races

Universities

In 2022 there were 1,124 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 835 records, of which 54.6% were women and 45.4% men.

Completions

Concentrations

Most Common

General Business
26 degrees awarded
General Psychology
31 degrees awarded
General Biological Sciences
29 degrees awarded

In 2022, the most common concentation for Bachelors Degree recipients in Madison, IN was General Business with 26 degrees awarded.

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

Universities

Gender

Race

Hanover College

Largest Universities by degrees awarded

300 degrees awarded

In 2022, the institution with the largest number of graduating students was Hanover College with 300 degrees awarded.

Student Diversity

University

In 2022, 131 men were awarded degrees from institutions in Madison, IN, which is 0.775 times less than the 169 female students who received degrees in the same year.

In 2022 the most common race/ethnicity group awarded degrees at institutions was White students. These 222 degrees mean that there were 7.4 times more degrees awarded to White students then the next closest race/ethnicity group, Unknown, with 30 degrees awarded.

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.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($40,336) is the sector with the highest median state tuition in 2022.

Private not-for-profit, 4-year or above ($878) is the sector with the highest median state fee in 2022.

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.

Working Population

Educational Pyramid

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

Measure

In 2022, 0.799% of men over 25 years of age had not completed any academic degree (no schooling), while 0.781% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

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

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (1.75M), Some college (1.13M), and Bachelors Degree (879k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Madison, IN was $180,600 in 2023, which is 0.595 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $168,100 to $180,600, a 7.44% increase. The homeownership rate in Madison, IN is 69.4%, which is approximately the same as the national average of 65%.

People in Madison, IN have an average commute time of 21.9 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.

Median household income in Madison, IN is N/A. In 2023, the county with the highest Median Household Income in Madison, IN was Hamilton County, IN with a value of $117,957, followed by Boone County, IN and Hendricks County, IN, with respective values of $104,865 and $99,988.

Housing

Property

$180,600

Median Property Value 2023

±$10,640

$8,816

Median Property Taxes

±$676

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.

Rent vs Own

69.4%

Homeownership

2023

63.7%

Homeowners with Mortgage

2023

In 2023, 69.4% of the housing units in Madison, IN were occupied by their owner. This percentage declined from the previous year's rate of 70%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Highest Median Household Income (Total)

In 2023, the county with the highest Median Household Income (Total) in Madison, IN was Hamilton County, IN with a value of $117,957, followed by Boone County, IN and Hendricks County, IN, with respective values of $104,865 and $99,988.

The following map shows all of the counties in Madison, IN colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

N/A

Median Household Income

± N/A

12.7k

Number of Households

± 880

In N/A, the median household income of the 12.7k households in Madison, IN N/A N/A from the previous year's value of N/A.

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.

Wage Distribution

The closest comparable wage GINI for Madison, IN is from Indiana.

0.448

2022 Wage GINI in Indiana

0.449

2021 Wage GINI in Indiana

In 2022, the income inequality in Indiana was 0.448 according to the GINI calculation of the wage distribution. Income inequality had a 0.283% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.478. 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.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (84.4%)
Carpooled (6.83%)
Worked At Home (4.88%)

In 2023, 84.4% of workers in Madison, IN drove alone to work, followed by those who carpooled to work (6.83%) and those who worked at home (4.88%).

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.

Commute Time

21.9 minutes

Average Travel Time

Using averages, employees in Madison, IN have a shorter commute time (21.9 minutes) than the normal US worker (26.6 minutes). Additionally, 1.83% 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.

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.

Poverty

Poverty & Diversity

11.2% of the population for whom poverty status is determined in Madison, IN (3.49k out of 31k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 35 - 44, followed by Females 25 - 34 and then Females 45 - 54.

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

91.2% of the population of Madison, IN has health coverage, with 48% on employee plans, 16.3% on Medicaid, 15.8% on Medicare, 10.4% on non-group plans, and 0.699% on military or VA plans.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 22.1% under 18 years, 20.4% between 18 and 34 years, 39.1% between 35 and 64 years, and 18.4% over 64 years.

By gender, of the total number of insured persons, 48.1% were men and 51.9% were women.

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

Uninsured People

8.78%

Uninsured

48%

Employer Coverage

16.3%

Medicaid

15.8%

Medicare

10.4%

Non-Group

0.699%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Madison, IN grew by 13.6% from 7.73% to 8.78%.

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.

Keep Exploring

Indiana

State

Louisville/Jefferson County, KY-IN