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MICROPOLITAN AREA · 2020 ACS

Madison Micro

Madison, IN · 1 counties · 33,147 residents · 360.698 sq mi
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The short version

Madison has lower-than-average household income, with a median household income of $51,981. Population has held roughly steady since 2000. 17% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $139,000.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 40.6
US median: 38.8
Less educated
17% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
33,147
+5%since 2000
from 31,705 in 2000
1990 – 2025
Population density
92 / sq mi
+5%since 2000
from 88 / sq mi in 2000
US average: 280
Median age
40.6
+11%since 2000
from 36.6 in 2000
US average: 38.8
Population, 1990 – 2024
29K30K31K32K33K1990201020202024Madison
202433K
1990201020202024
Section 02

Income & economy

Median household income
$51,981
−9%inflation adjusted, since 2000
from $38,189 in 2000
US average: $66,278
1990 – 2024
Per capita income
$27,845
+60%since 2000
from $17,412 in 2000
US average: $35,364
Households earning $100K+
32.7%
+10.9 ptssince 2009
from 21.9% in 2009
US average: 43.9%
Poverty rate
14.6%
+5.0 ptssince 2000
from 9.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade25.9%
US avg: 10%
Information12.8%
US avg: 11.1%
Wholesale trade7.2%
US avg: 6.7%
Finance & insurance5.4%
US avg: 5.5%
Other services4.4%
US avg: 6.6%
Professional, scientific, technical3.4%
US avg: 4.7%
Public administration2.1%
US avg: 4.7%
Education & health services2%
US avg: 0.8%
Transportation & warehousing2%
US avg: 2.5%
Agriculture, forestry, fishing1.3%
US avg: 1.7%
Construction1.2%
US avg: 1.2%
Arts, entertainment, food0.4%
US avg: 2%
Manufacturing0.1%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$139,000
+9%inflation adjusted, since 2000
from $84,700 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$716
+14%inflation adjusted, since 2000
from $419 in 2000
US average: $1,124
Owner-occupied
72.3%
−2.3 ptssince 2000
from 74.6% in 2000
27.7% rent
Afford Score
2.7
+21%since 2000
from 2.2 in 2000
1990 – 2024
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%
2020
White, non-Hispanic90.6%(30,023)
Black1.5%(510)
Hispanic / Latino3.4%(1,111)
Asian0.9%(290)
Other2.1%(682)
Diversity Score18.8%(6,247)
Segregation Score16.7%(5,536)
Diversity Score
19
+148%since 2000
from 8 in 2000
1990 – 2024
Segregation Score
17
Section 05

Education

Bachelor's degree or higher
17.3%
+1.0 ptssince 2000
from 16.4% in 2000
US average: 32.9%
High school or higher
89.3%
+8.3 ptssince 2000
from 81.0% in 2000
US average: 88.5%
Graduate degree
6.0%
−1.1 ptssince 2000
from 7.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.2 min
+53%since 2000
from 15.8 min in 2000
US average: 26.9
Drive alone to work
83.0%
+2.1 ptssince 2009
from 80.9% in 2009
US average: 75.1%
No vehicle available
4.7%
−1.8 ptssince 2009
from 6.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.4%
−4.7 ptssince 2011
from 8.1% in 2011
US average: 5.4%
Labor force participation
56.1%
−4.6 ptssince 2011
from 60.7% in 2011
US average: 63.4%
Management & professional
30.0%
−27.4 ptssince 2009
from 57.4% in 2009
US average: 39.3%
Section 08

People & community

Male
47.7%
−1.4 ptssince 2009
from 49.1% in 2009
Female
52.3%
+1.4 ptssince 2009
from 50.9% in 2009
Foreign born
1.2%
−0.7 ptssince 2009
from 2.0% in 2009
US average: 13.5%
Uninsured
8.0%
−76.5 ptssince 2013
from 84.5% in 2013
US average: 8.8%
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+25%
Home value$164,100+18%
Population33,322same
SEE FULL COMPARISON →
MADISON VS
North Platte
Income$65,352+26%
Home value$189,176+36%
Population33,972+2%
SEE FULL COMPARISON →
MADISON VS
Brevard
Income$66,184+27%
Home value$373,600+169%
Population34,211+3%
SEE FULL COMPARISON →
MADISON VS
Iron Mountain
Income$64,538+24%
Home value$156,321+12%
Population30,575−8%
SEE FULL COMPARISON →
Frequently asked

How many people live in Madison, IN?

Madison, IN has about 33,147 residents according to the 2020 American Community Survey.

What is the median household income in Madison, IN?

The typical household in Madison, IN earns about $51,981 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 $139,000, and the typical rent is about $716 a month.

How educated are people in Madison, IN?

About 17.3% 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 14.6% 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 3,350 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

How we source and harmonize this data →