Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.1 yrs |
|---|---|
| Avg HH Size | 2.36 |
| Below Poverty | 12.2% ▲ 22% above avg |
| College Grads | 32.9% ▼ 15% below avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 199 (1.3%) |
| HS Graduate | 5,631 (36.7%) |
| Some College | 2,578 (16.8%) |
| Associates | 1,878 (12.2%) |
| Bachelors | 2,023 (13.2%) |
| Graduate Degree | 3,025 (19.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $56,667 ▼ 26% below avg |
|---|---|
| Median Home Value | $179,900 ▼ 35% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $857/mo |
| Total Housing Units | 10,534 |
| Vacant Units | 1,170 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Madison is a city in Indiana, located in Jefferson County. The city spans 1 ZIP code and is home to approximately 23,013 residents. It is a middle-aged city, with a median age of 43.1 years.
Economically, Madison is a solidly middle-class community. The median household income of $56,667 is below the national average. Approximately 12.2% of residents live below the poverty line. The unemployment rate is 3.3%, below the national average.
The real estate market in Madison is an affordable housing market. Median home values stand at $179,900, which is below the national average. Renters typically pay around $857 per month. Homeownership is high at 65.7%, typical of suburban and family-oriented communities.
The population of Madison is moderately educated. 32.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.41%).
Madison, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47250 | 23,013 | $56,667 | $179,900 | $857 | 3.3% | 32.9% | 65.7% |