In 2017, Madison, IN had a population of 32.3k people with a median age of 40.6 and a median household income of $50,722. Between 2016 and 2017 the population of Madison, IN declined from 32,482 to 32,293, a -0.582% decrease and its median household income grew from $47,065 to $50,722, a 7.77% increase.
The 5 largest ethnic groups in Madison, IN are White (Non-Hispanic) (93%), White (Hispanic) (2.34%), Black or African American (Non-Hispanic) (2.05%), Two or More Races (Non-Hispanic) (1.2%), and Asian (Non-Hispanic) (0.814%). N/A% of the people in Madison, IN speak a non-English language, and 99.4% are U.S. citizens.
The largest universities in Madison, IN are Hanover College (272 degrees awarded in 2017).
The median property value in Madison, IN is $120,000, and the homeownership rate is 71.7%. Most people in Madison, IN commute by Drove Alone, and the average commute time is 23.3 minutes. The average car ownership in Madison, IN is 2 cars per household.