Madison, IN
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Madison, Indiana Summary

Life in Madison research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Madison over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Madison:

  • The population in Madison is 12,301.

  • The median home value in Madison is $210,391.

  • The median income in Madison is $53,113.

  • The cost of living in Madison is 91 which is 0.9x lower than the national average.

  • The median rent in Madison is $724.

  • The unemployment rate in Madison is 3.3%.

  • The poverty rate in Madison is 18.2%.

  • The average high in Madison is 63.9° and the average low is 43.0°.

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Madison SnackAbility

5
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
6
Diversity
6
Safety
N/A
Amenities
8
Education
7
Commute
8.5
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Madison, IN Cost Of Living

Cost of living in Madison summary. We use data on the cost of living to determine how expensive it is to live in Madison. Real estate prices drive most of the variance in cost of living around Indiana. Key points include:

  • The cost of living in Madison is 91 with 100 being average.

  • The cost of living in Madison is 0.9x lower than the national average.

  • The median home value in Madison is $210,391.

  • The median income in Madison is $53,113.

91
Madison's Overall Cost Of Living
0.9x
Lower Than The National Average

Cost Of Living In Madison Comparison Table

Living Expense Madison Indiana National Average
Overall 91 91 100
Services 106 94 100
Groceries 95 96 100
Health 78 101 100
Housing 68 77 100
Transportation 113 95 100
Utilities 104 106 100

Madison, IN Weather

  • The average high in Madison is 63.9° and the average low is 43.0°.

  • There are 77.9 days of precipitation each year.

  • Expect an average of 44.9 inches of precipitation each year with 12.6 inches of snow.

StatMadison
Average Annual High63.9
Average Annual Low43.0
Annual Precipitation Days77.9
Average Annual Precipitation44.9
Average Annual Snowfall12.6
63.9°
Average High
77.9°
Days of Rain

Madison, IN Photos

Madison Indiana Main Street
Source: Public Domain

Madison Articles

Rankings for Madison in Indiana

Locations Around Madison

Map Of Madison, IN

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4

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6

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Population 4,624

Madison Demographics And Statistics

Population over time in Madison

The current population in Madison is 12,301. The population has increased 2.6% from 2010.

Year Population % Change
2022 12,301 3.5%
2021 11,890 -0.3%
2020 11,920 -1.0%
2019 12,045 -0.1%
2018 12,054 0.2%
2017 12,033 0.0%
2016 12,032 -0.1%
2015 12,048 0.7%
2014 11,967 -0.2%
2013 11,986 -

Race / Ethnicity in Madison

White
89.0% (10,953)
African American
4.4% (542)
American Indian
0.1% (14)
Asian
1.4% (170)
Hawaiian
0.0% (0)
Other
0.3% (43)
Two Or More
1.9% (236)
Hispanic
2.8% (343)

Madison is:

  • 89.0% White with 10,953 White residents.

  • 4.4% African American with 542 African American residents.

  • 0.1% American Indian with 14 American Indian residents.

  • 1.4% Asian with 170 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.3% Other with 43 Other residents.

  • 1.9% Two Or More with 236 Two Or More residents.

  • 2.8% Hispanic with 343 Hispanic residents.

Race Madison IN USA
White 89.0% 77.2% 58.9%
African American 4.4% 9.3% 12.1%
American Indian 0.1% 0.1% 0.6%
Asian 1.4% 2.5% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 0.3% 0.4% 0.4%
Two Or More 1.9% 3.0% 3.5%
Hispanic 2.8% 7.5% 18.7%

Gender in Madison

Female
56.4% (6,939)
Male
43.6% (5,361)
  • Madison is 56.4% female with 6,939 female residents.

  • Madison is 43.6% male with 5,361 male residents.

Gender Madison IN USA
Female 56.4% 50.4% 50.4%
Male 43.6% 49.6% 49.6%

Highest level of educational attainment in Madison for adults over 25

  • 5.0% of adults in Madison completed < 9th grade.

  • 8.0% of adults in Madison completed 9-12th grade.

  • 36.0% of adults in Madison completed high school / ged.

  • 19.0% of adults in Madison completed some college.

  • 10.0% of adults in Madison completed associate's degree.

  • 13.0% of adults in Madison completed bachelor's degree.

  • 7.0% of adults in Madison completed master's degree.

  • 1.0% of adults in Madison completed professional degree.

  • 1.0% of adults in Madison completed doctorate degree.

< 9th Grade
5.0% (615)
9-12th Grade
8.0% (984)
High School / GED
36.0% (4,428)
Some College
19.0% (2,337)
Associate's Degree
10.0% (1,230)
Bachelor's Degree
13.0% (1,599)
Master's Degree
7.0% (861)
Professional Degree
1.0% (123)
Doctorate Degree
1.0% (123)
Education Madison IN USA
< 9th Grade 5.0% 3.0% 4.0%
9-12th Grade 8.0% 6.0% 6.0%
High School / GED 36.0% 33.0% 26.0%
Some College 19.0% 20.0% 20.0%
Associate's Degree 10.0% 9.0% 9.0%
Bachelor's Degree 13.0% 18.0% 21.0%
Master's Degree 7.0% 8.0% 10.0%
Professional Degree 1.0% 2.0% 2.0%
Doctorate Degree 1.0% 1.0% 2.0%

Household Income For Madison, Indiana

  • 5.6% of households in Madison earn Less than $10,000.

  • 9.5% of households in Madison earn $10,000 to $14,999.

  • 9.0% of households in Madison earn $15,000 to $24,999.

  • 9.6% of households in Madison earn $25,000 to $34,999.

  • 14.2% of households in Madison earn $35,000 to $49,999.

  • 20.5% of households in Madison earn $50,000 to $74,999.

  • 11.7% of households in Madison earn $75,000 to $99,999.

  • 11.6% of households in Madison earn $100,000 to $149,999.

  • 5.1% of households in Madison earn $150,000 to $199,999.

  • 3.2% of households in Madison earn $200,000 or more.

Less than $10,000
5.6% (68,968)
$10,000 to $14,999
9.5% (117,198)
$15,000 to $24,999
9.0% (110,687)
$25,000 to $34,999
9.6% (117,921)
$35,000 to $49,999
14.2% (174,591)
$50,000 to $74,999
20.5% (251,759)
$75,000 to $99,999
11.7% (144,448)
$100,000 to $149,999
11.6% (142,277)
$150,000 to $199,999
5.1% (63,180)
$200,000 or more
3.2% (39,066)
Income Madison IN USA
Less than $10,000 5.6% 5.0% 4.9%
$10,000 to $14,999 9.5% 3.7% 3.8%
$15,000 to $24,999 9.0% 7.7% 7.0%
$25,000 to $34,999 9.6% 8.4% 7.4%
$35,000 to $49,999 14.2% 12.5% 10.7%
$50,000 to $74,999 20.5% 18.0% 16.1%
$75,000 to $99,999 11.7% 14.0% 12.8%
$100,000 to $149,999 11.6% 16.8% 17.1%
$150,000 to $199,999 5.1% 7.2% 8.8%
$200,000 or more 3.2% 6.7% 11.4%

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