Madison, IN

Indiana

Madison is a small city in Indiana with a population of 12,277. Residents earn $57,050 per year, which is 24% below the national average.

3.8 /5.0
B+ Good
12,277 Population 1,421/sq mi density
$57,050 Median Income $33,904 per capita
$186,600 Home Value $235,756 Zillow
$827 Median Rent
56°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$57,050 median income, 2.5% unemployment
A+
Affordability
4.8 / 5.0
$186,600 home value, $827/mo rent
C+
Education
2.7 / 5.0
20.8% bachelor's degree or higher
Median Income $57,050
24% lower than US avg
Home Value $186,600
34% lower than US avg
Bachelor's+ 20.8%
38% lower than US avg
Median Rent $827
29% lower than US avg
Obesity Rate 36.4%
13% higher than US avg
Unemployment 2.5%
31% lower than US avg
Poverty Rate 8.9%
28% lower than US avg

How Madison Compares to the U.S. Average (100% = U.S. avg)

People

Population12,277
Median Age45.0 yrs
Density1,421/mi²
Male / Female45% / 55%
Largest GroupWhite 92%

Economy

B+
Median Income$57,050
Per Capita$33,904
Unemployment2.5%
Poverty8.9%
County GDP$2,066M
Commute20 min

Housing

A+
Home Value$186,600
Rent$827
OwnershipN/A
Zillow$235,756

Crime

ViolentN/A
PropertyN/A

Health

Obesity36.4%
UninsuredN/A
Depression28.0%
Heart Disease5.7%

Climate

Avg Temp56°F
AQI42 (Good)
Rain51.0 in/yr
Elevation875 ft

Education

C+
Bachelor's+20.8%
High School+88.9%
School Score5.54

Community

2024 VoteR 67% / D 31%
Commute20 min
EV Stations6
Libraries2

Is Madison a Good Place to Live?

Based on current data, Madison receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing. Areas to be aware of include below-average incomes. Madison offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Madison is $57,050, 24% below the national average of $75,149. The job market is very strong with unemployment at just 2.5%. 8.9% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 20 minutes.

Cost of Living & Housing

The median home value in Madison is $186,600, 34% below the national median — offering relatively affordable homeownership. Renters pay a median of $827 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.3x indicates a reasonably affordable housing market.

Education

20.8% of residents hold a bachelor's degree, below the national average of 33.7%. 88.9% have completed high school. Area schools have an average test score of 5.5/10.

Climate & Weather

Madison enjoys a moderate climate with an average annual temperature of 56°F. Winters average 33°F in January while summers reach 77°F in July. Annual precipitation totals 51.0 inches, including 12.3 inches of snow. Air quality is rated Good with a median AQI of 42.

Madison has a population of 12,277 with a density of 1,421 people per square mile. The median age is 45.0 years, 16% older than the national median of 38.9. The city is predominantly White (92.3%), with 1.3% Hispanic, 2.2% Black.

Population

12,277
Total Population
1,421
People / sq mi
45.0yrs
Median Age
16% above US avg
8.6mi²
Land Area

Gender Distribution

Male 44.8%
Female 55.2%

Race & Ethnicity

Madison vs U.S. Average

Language Spoken at Home

English Only96.5%
23% above US avg
Spanish3.5%
74% below US avg

Social Characteristics

Madison vs U.S. Average

The median household income in Madison is $57,050, which is 24% below the national average of $75,149. The unemployment rate is 2.5% (below the 3.6% US average). 8.9% of residents live below the poverty line. Workers commute an average of 20 minutes.

Income: Madison vs U.S.

Commute Mode

Income

Median HH Income$57,050
24% below US avg
Per Capita Income$33,904
Avg Weekly Wage$978
IRS Avg AGI$65,883

Employment & Poverty

Unemployment2.5%
31% below US avg
Poverty Rate8.9%
28% below US avg
Establishments (County)726
County GDP$2,066M

Business (County)

Restaurants77
Healthcare94
Retail114
Manufacturing44

Tax & Cost of Living

Property Tax (IRS)$2,963
15% below US avg
Effective Tax Rate1.59%

Commute & Transportation

Commute Time20.4 min
Work from Home6.2%

Walkability

The median home value in Madison is $186,600, 34% below the national average. Monthly rent averages $827 (29% below US avg). Zillow estimates the typical home value at $235,756.

Home Value Sources

Ownership Split

Home Values

Census Median$186,600
34% below US avg
Zillow ZHVI$235,756
Median List Price$302,400

Real Estate Market (Redfin)

Median List Price$302,400
$/Sq Ft$144
Homes Sold9
Sale-to-List Ratio96.3%
Price Drops10.6%
Inventory47

Rental Costs

Census Median Rent$827
29% below US avg

HUD Fair Market Rent

Studio$898
1 Bedroom$919
2 Bedrooms$1,206
3 Bedrooms$1,594
4 Bedrooms$1,597

Ownership & Property

Owner-Occupied58.3%

Property Tax

Avg Tax (IRS)$2,963
15% below US avg
Effective Rate1.59%
In Madison, 36.4% of adults are obese (above the 32.1% national rate). 28.0% report depression. 23.8% are physically inactive.

Health Metrics: Madison vs U.S. Average (%)

Chronic Conditions

Obesity36.4%
13% above US avg
Diabetes10.9%
Heart Disease5.7%
High Blood Pressure34.0%
Asthma12.0%
COPD7.7%
Stroke3.0%

Behaviors & Mental Health

Binge Drinking17.6%
Physical Inactivity23.8%
Depression28.0%
Mental Distress19.7%
Physical Distress13.9%

Healthcare Access

Insurance Rate92.6%
Checkup Rate78.8%
Premature Death10,875/100K

Food & Exercise

Food Environment7.8/10
Exercise Access69.3%
Healthcare Facilities94

Crime Rates: Madison vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)2

Safety Score

Madison has an average annual temperature of 56°F (13°C). Winters average 33°F in January while summers reach 77°F in July. Annual precipitation is 51.0 inches. Air quality is rated Good with a median AQI of 42.

Temperature

33°F Jan (1°C) 77°F Jul (25°C)
Annual Average56.0°F
4% above US avg
January Average33°F (1°C)
July Average77°F (25°C)

Precipitation & Snow

Annual Rainfall51.0 inches
34% above US avg
Snowfall12.3 inches/yr

Air Quality

AQI Median42.0
RatingGood
Good Days %72.1%
Unhealthy Days0

Geography

Elevation875 ft (267 m)
Area8.6 sq mi (22.4 km²)
Population Density1,421/sq mi
Coordinates38.7588°N, 85.3971°W
County FIPS18077
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 20.8% of residents hold a bachelor's degree or higher (38% below US avg). In the 2024 election, the county voted Republican by a 36.1-point margin.

2024 Presidential Election (County)

R 67.1%
D 31%

Winner: Republican by 36.1 points

Education

Bachelor's Degree+20.8%
38% below US avg
High School+88.9%
School Test Score5.54
C+ Education Grade (2.7/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density1,421/sq mi
Total Area8.6 sq mi

Infrastructure & Services

EV Charging Stations6
Alt Fuel Stations6
Public Libraries2
Healthcare Facilities94
Restaurants77
Retail Stores114

Safety & Disasters

Fatal Crashes (County/yr)2

Commute & Transportation

Avg Commute20.4 min
Work from Home6.2%

Nearby Cities

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