Madison, IN

Full City Profile · Indiana · Jefferson County County

3.7 /5.0
B+ Good
12,277 Population 1,421/sq mi density
$57,050 Median Income $33,904 per capita
$186,600 Home Value $247,790 Zillow
$827 Median Rent 27.3% income on rent
56°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$57,050 median income, 4.5% 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

Madison, IN

At a Glance

Median Income
$57,050
24% below
$33,904 per capita
Home Value
$186,600
34% below
Zillow: $247,790
Median Rent
$827/mo
29% below
27.3% of income on rent
Bachelor's Degree+
20.8%
38% below
88.9% high school+
Unemployment
4.5%
25% above
8.9% poverty rate
Obesity Rate
36.4%
13% above
17.2% smoking rate
Avg Temperature
56°F

How Madison Compares to the U.S. Average

Each bar shows Madison's value as a percentage of the national average (100% = U.S. avg)

Income
76%
Home Value
66%
Rent
71%
Poverty
72%
Bachelor's
62%
Unemployment
125%
Thin vertical line = U.S. national average (100%)

Is Madison a Good Place to Live?

B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Madison residents earn a median household income of $57,050 , which is 24% below the national average of $75,149. Per capita income is $33,904. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 8.9% of residents live below the poverty line. The area is home to 726 business establishments, including 77 restaurants.

Housing & Cost of Living

The median home value in Madison is $186,600 , 34% below the national median of $281,900. Zillow estimates the typical home at $247,790. Median rent is $827/month, with 27.3% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1963.

Education

20.8% of adults in Madison hold a bachelor's degree or higher (38% below the national average). 88.9% have completed high school. Local schools score 5.5/10 in standardized testing.

Climate & Weather

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 totals 51.0 inches.

Data Overview

People

Population12,277
Median Age45.0 yrs
Density1,421/mi²
Male / Female45% / 55%
Foreign Born1.0%
Veterans3.9%

Economy

B+
Median Income$57,050
Per Capita$33,904
Unemployment4.5%
Poverty8.9%
County GDP$2,066M
Avg Weekly Wage$978

Housing

A+
Home Value$186,600
Rent$827
Ownership58.3%
Zillow$247,790
Housing Units5,787
Rent Burden27.3%

Health

Obesity36.4%
Diabetes10.9%
Smoking17.2%
Heart Disease5.7%
Premature Death10,875/100K

Climate

Avg Temp56°F
Rain51.0 in/yr
Elevation875 ft

Education

C+
Bachelor's+20.8%
High School+88.9%
Graduate+8.8%
School Score5.5/10

Community

2024 VoteR 67% / D 31%
Commute20 min
Broadband85.3%
Internet Speed184 Mbps
EV Stations6
Libraries2

Did You Know?

The median home in Madison was built in 1963.
The nearest airport is Cincinnati/Northern Kentucky International (44 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
22.7% of the population has a disability.
Average internet download speed is 184 Mbps.
The county recorded 2 fatal vehicle crashes.