CENSUS TRACT
Census Tract 118
Indiana · Madison County · 7,638 residents · 23.909 sq mi
Notable rankings
#48highest population in IN7,638#127lowest low rent burden in IN12.0%#129highest WFH in IN21.2%#144highest commute in IN31.6 minTRACT SHAPE · Madison County, IN
The short version
Census Tract 118 is wealthier than most US places, with a median household income of $96,875. Population has held roughly steady since 2020. Median home value has risen by half since 2020, reaching $260,700. Poverty is rare here, at 4.2% of residents. Households here earn about 54% more than the Madison County median.
At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 36.8
US median: 38.9
Average education
32% hold a bachelor's degree
US average: 36%
Less affordable
home values up 36%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
7,638
+1%since 2020
from 7,534 in 2020
2020 – 2024
Population density
319 / sq mi
+1%since 2020
from 315 / sq mi in 2020
US average: 281
Median age
36.8
+1%since 2020
from 36.6 in 2020
US average: 38.9
Population, 2020 – 2024
20248K
Section 02
Income & economy
Median household income
$96,875
+15%inflation adjusted, since 2020
from $69,668 in 2020
US average: $82,259
2020 – 2024
Per capita income
$43,805
+50%since 2020
from $29,155 in 2020
US average: $44,673
Households earning $100K+
62.6%
+14.3 ptssince 2020
from 48.3% in 2020
US average: 53.3%
Poverty rate
4.2%
−5.1 ptssince 2020
from 9.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.408
+4%since 2020
from 0.393 in 2020
US average: 0.476
Workforce by industry, 2024
Information12%
Retail trade9.5%
Finance & insurance8.6%
Wholesale trade7.7%
Other services7.7%
Public administration6.5%
Professional, scientific, technical5.2%
Education & health services3.4%
Arts, entertainment, food2%
Transportation & warehousing1.2%
Agriculture, forestry, fishing0.1%
Construction0.1%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$260,700
+36%inflation adjusted, since 2020
from $158,200 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,408
+6%inflation adjusted, since 2020
from $1,092 in 2020
US average: $1,442
Owner-occupied
86.7%
−0.9 ptssince 2020
from 87.6% in 2020
13.3% rent
Vacancy rate
4.4%
−0.2 ptssince 2020
from 4.6% in 2020
US average: 10.0%
Owner cost-burdened
18.8%
+2.2 ptssince 2020
from 16.6% in 2020
US average: 22.9%
Renter cost-burdened
12.0%
−14.4 ptssince 2020
from 26.4% in 2020
US average: 47.4%
Afford Score
2.7
+19%since 2020
from 2.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 118 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic93.5%(7,048)
Black2.5%(186)
Hispanic / Latino1.3%(97)
Asian0%(0)
Other2.7%(203)
Diversity Score15.4%(1,162)
2024
White, non-Hispanic84%(6,413)
Black2.2%(170)
Hispanic / Latino4.9%(374)
Asian2.9%(222)
Other6%(459)
Diversity Score36%(2,747)
Diversity Score
36
+133%since 2020
from 15 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
31.7%
+0.7 ptssince 2020
from 31.1% in 2020
US average: 35.6%
High school or higher
93.7%
−2.2 ptssince 2020
from 95.9% in 2020
US average: 89.6%
Graduate degree
8.8%
+0.2 ptssince 2020
from 8.6% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
31.6 min
+10%since 2020
from 28.8 min in 2020
US average: 26.5
Drive alone to work
71.3%
−13.3 ptssince 2020
from 84.6% in 2020
US average: 68.9%
Carpooled to work
6.9%
Unchangedsince 2020
from 6.8% in 2020
US average: 8.5%
Public transit
0.4%
+0.4 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
21.2%
+13.3 ptssince 2020
from 7.8% in 2020
US average: 15.0%
Walked to work
0.1%
−0.1 ptssince 2020
from 0.2% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.5%
−0.9 ptssince 2020
from 1.3% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
6.4%
−1.1 ptssince 2020
from 7.5% in 2020
US average: 5.2%
Labor force participation
69.3%
+5.3 ptssince 2020
from 64.0% in 2020
US average: 63.5%
Self-employed
12.8%
+5.8 ptssince 2020
from 7.0% in 2020
US average: 13.1%
Management & professional
39.8%
−4.5 ptssince 2020
from 44.3% in 2020
US average: 42.5%
Section 08
People & community
Male
49.0%
+2.4 ptssince 2020
from 46.6% in 2020
Female
51.0%
−2.4 ptssince 2020
from 53.4% in 2020
Foreign born
5.9%
+5.0 ptssince 2020
from 0.9% in 2020
US average: 14.1%
Veterans
8.9%
−3.0 ptssince 2020
from 11.9% in 2020
US average: 6.2%
With a disability
9.2%
−1.8 ptssince 2020
from 11.0% in 2020
US average: 13.3%
Uninsured
4.4%
+0.2 ptssince 2020
from 4.2% in 2020
US average: 8.4%
Broadband at home
95.6%
+1.1 ptssince 2020
from 94.5% in 2020
US average: 91.0%
English only at home
93.6%
−5.4 ptssince 2020
from 99.0% in 2020
US average: 77.7%
Spanish at home
4.3%
+3.7 ptssince 2020
from 0.7% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 118Head to head
Compare Census Tract 118 to nearby tracts
CENSUS TRACT 118 VS
Census Tract 1108.14
Income$142,412+47%
Home value$439,100+68%
Population13,343+75%
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CENSUS TRACT 118 VS
Census Tract 116
Income–
Home value–
Population2,562−66%
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CENSUS TRACT 118 VS
Census Tract 117
Income$92,083−5%
Home value$242,500−7%
Population2,671−65%
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CENSUS TRACT 118 VS
Census Tract 1108.15
Income$156,758+62%
Home value$462,700+77%
Population7,727+1%
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Frequently asked
How many people live in this census tract?
this census tract has about 7,638 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $96,875 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $260,700, and the typical rent is about $1,408 a month.
How educated are people in this census tract?
About 31.7% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 4.2% of people in this census tract live below the federal poverty line.
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Containing area
Madison CountyDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024