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MICROPOLITAN AREA

Madison Micro

Madison, IN · 1 counties · 33,279 residents (2025 est.) · 360.698 sq mi
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The short version

Madison has lower-than-average household income, with a median household income of $64,577. Population has held roughly steady since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $194,600.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 41.8
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
Less affordable
home values up 26%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
32,998
+4%since 2000
from 31,705 in 2000
1990 – 2025
Population density
91 / sq mi
+4%since 2000
from 88 / sq mi in 2000
US average: 281
Median age
41.8
+14%since 2000
from 36.6 in 2000
US average: 38.9

PEP 2025 EST:33,279 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
29K30K31K32K33K1990201020202024Madison
202433K
1990201020202024
Section 02

Income & economy

Median household income
$64,577
−7%inflation adjusted, since 2000
from $38,189 in 2000
US average: $82,259
1990 – 2024
Per capita income
$33,000
+90%since 2000
from $17,412 in 2000
US average: $44,673
Households earning $100K+
44.0%
+22.1 ptssince 2009
from 21.9% in 2009
US average: 53.3%
Poverty rate
12.3%
+2.7 ptssince 2000
from 9.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.422
Unchangedsince 2010
from 0.423 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade23%
US avg: 9.9%
Information12%
US avg: 10.8%
Wholesale trade5.5%
US avg: 6.9%
Finance & insurance5%
US avg: 5.9%
Other services4.1%
US avg: 6.7%
Professional, scientific, technical3%
US avg: 5.1%
Education & health services2%
US avg: 0.9%
Transportation & warehousing1.9%
US avg: 2.2%
Public administration1.6%
US avg: 4.8%
Agriculture, forestry, fishing1.1%
US avg: 1.6%
Construction1%
US avg: 1.2%
Arts, entertainment, food0.8%
US avg: 1.9%
Manufacturing0.1%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$194,600
+26%inflation adjusted, since 2000
from $84,700 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$890
+17%inflation adjusted, since 2000
from $419 in 2000
US average: $1,442
Owner-occupied
71.8%
−2.8 ptssince 2000
from 74.6% in 2000
28.2% rent
Vacancy rate
11.9%
+0.4 ptssince 2009
from 11.5% in 2009
US average: 10.0%
Owner cost-burdened
17.9%
−6.2 ptssince 2009
from 24.1% in 2009
US average: 22.9%
Renter cost-burdened
36.0%
−1.4 ptssince 2009
from 37.3% in 2009
US average: 47.4%
Afford Score
3.0
+36%since 2000
from 2.2 in 2000
1990 – 2024
Gentrification Score
39
RELATED:See current rent listings in Madison on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.6%(30,321)
Black1.4%(453)
Hispanic / Latino1%(332)
Asian0.6%(186)
Other0%
Diversity Score7.6%(2,407)
Segregation Score0%
2024
White, non-Hispanic91%(30,012)
Black1%(343)
Hispanic / Latino3.5%(1,148)
Asian0.8%(270)
Other3.7%(1,225)
Diversity Score21.3%(7,013)
Segregation Score10.8%(3,574)
Diversity Score
21
+180%since 2000
from 8 in 2000
1990 – 2024
Segregation Score
11
−35%since 2020
from 17 in 2020
Section 05

Education

Bachelor's degree or higher
19.8%
+3.4 ptssince 2000
from 16.4% in 2000
US average: 35.6%
High school or higher
90.0%
+8.9 ptssince 2000
from 81.0% in 2000
US average: 89.6%
Graduate degree
8.8%
+1.7 ptssince 2000
from 7.1% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
22.2 min
+40%since 2000
from 15.8 min in 2000
US average: 26.5
Drive alone to work
82.3%
+1.4 ptssince 2009
from 80.9% in 2009
US average: 68.9%
Carpooled to work
8.6%
−0.8 ptssince 2009
from 9.4% in 2009
US average: 8.5%
Public transit
0.0%
−0.3 ptssince 2009
from 0.3% in 2009
US average: 3.2%
Worked from home
5.8%
+2.5 ptssince 2009
from 3.2% in 2009
US average: 15.0%
Walked to work
2.5%
−2.3 ptssince 2009
from 4.8% in 2009
US average: 2.4%
Biked to work
0.1%
−0.1 ptssince 2009
from 0.2% in 2009
US average: 0.4%
No vehicle available
3.4%
−3.1 ptssince 2009
from 6.5% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.4%
−3.7 ptssince 2011
from 8.1% in 2011
US average: 5.2%
Labor force participation
57.8%
−2.9 ptssince 2011
from 60.7% in 2011
US average: 63.5%
Self-employed
13.2%
−1.3 ptssince 2009
from 14.5% in 2009
US average: 13.1%
Management & professional
35.6%
−21.8 ptssince 2009
from 57.4% in 2009
US average: 42.5%
Section 08

People & community

Male
48.1%
−1.1 ptssince 2009
from 49.1% in 2009
Female
51.9%
+1.1 ptssince 2009
from 50.9% in 2009
Foreign born
1.4%
−0.6 ptssince 2009
from 2.0% in 2009
US average: 14.1%
Veterans
6.2%
−42.6 ptssince 2009
from 48.8% in 2009
US average: 6.2%
With a disability
19.7%
+4.7 ptssince 2012
from 15.0% in 2012
US average: 13.3%
Uninsured
7.6%
−76.9 ptssince 2013
from 84.5% in 2013
US average: 8.4%
Broadband at home
86.9%
+14.3 ptssince 2017
from 72.6% in 2017
US average: 91.0%
English only at home
96.3%
−1.2 ptssince 2016
from 97.5% in 2016
US average: 77.7%
Spanish at home
1.7%
+0.3 ptssince 2016
from 1.4% in 2016
US average: 13.6%
In this metro

Principal cities

MadisonCENTRAL12,304
What's inside

1 component county

Jefferson CountyCENTRAL33,279
Drill deeper

Metros similar to Madison

Frankfort
Pop 33,322
North Platte
Pop 33,972
Brevard
Pop 34,211
Iron Mountain
Pop 30,575
Places similar to Madison
Head to head

Compare Madison side by side

MADISON VS
Frankfort
Income$65,019+1%
Home value$164,100−16%
Population33,322same
SEE FULL COMPARISON →
MADISON VS
North Platte
Income$65,352+1%
Home value$189,176−3%
Population33,972+2%
SEE FULL COMPARISON →
MADISON VS
Brevard
Income$66,184+2%
Home value$373,600+92%
Population34,211+3%
SEE FULL COMPARISON →
MADISON VS
Iron Mountain
Income$64,538same
Home value$156,321−20%
Population30,575−8%
SEE FULL COMPARISON →
Frequently asked

How many people live in Madison, IN?

Madison, IN has about 32,998 residents according to the 2024 American Community Survey.

What is the median household income in Madison, IN?

The typical household in Madison, IN earns about $64,577 a year. Half of households make more than that, and half make less.

Is Madison, IN expensive?

In Madison, IN, the median home is worth about $194,600, and the typical rent is about $890 a month.

How educated are people in Madison, IN?

About 19.8% of adults age 25 and over in Madison, IN hold a bachelor's degree or higher.

What is the poverty rate in Madison, IN?

About 12.3% of people in Madison, IN live below the federal poverty line.

Has Madison, IN grown since 1990?

Yes, Madison, IN has grown since 1990. The population has added about 3,201 residents, a change of about 11 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · METRO ROLLUP OF COMPONENT COUNTIES · UPDATED 2024

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