Madison, IN
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2025-10-25

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 12,277.

  • The median home value in Madison is $237,322.

  • The median income in Madison is $57,050.

  • The cost of living in Madison is 95 which is 0.9x lower than the national average.

  • The median rent in Madison is $827.

  • The unemployment rate in Madison is 4.5%.

  • The poverty rate in Madison is 14.7%.

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

Madison SnackAbility

5
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
6
Diversity
6
Safety
N/A
Amenities
8
Education
7
Commute
8.5

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 95 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 $237,322.

  • The median income in Madison is $57,050.

95
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 95 92 100
Services 103 95 100
Groceries 102 97 100
Health 101 94 100
Housing 75 73 100
Transportation 100 94 100
Utilities 100 107 100

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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1

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2

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3

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4

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Population 12,097

5

Harrison, OH
Population 13,460

6

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Population 7,378

7

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8

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Population 4,518

Madison Demographics And Statistics

Population over time in Madison

The current population in Madison is 12,277. The population has increased 2.4% from 2010.

Year Population % Change
2023 12,277 -0.2%
2022 12,301 0.6%
2021 12,227 3.8%
2020 11,783 -0.3%
2019 11,813 -0.6%
2018 11,890 -0.3%
2017 11,920 -1.0%
2016 12,045 -0.1%
2015 12,054 0.2%
2014 12,033 0.0%
2013 12,032 -0.1%
2012 12,048 0.7%
2011 11,967 -0.2%
2010 11,986 -

Race / Ethnicity in Madison

White
91.3% (11,206)
African American
2.2% (265)
American Indian
0.1% (14)
Asian
1.1% (131)
Hawaiian
0.0% (0)
Other
0.6% (71)
Two Or More
2.5% (308)
Hispanic
2.3% (282)

Madison is:

  • 91.3% White with 11,206 White residents.

  • 2.2% African American with 265 African American residents.

  • 0.1% American Indian with 14 American Indian residents.

  • 1.1% Asian with 131 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.6% Other with 71 Other residents.

  • 2.5% Two Or More with 308 Two Or More residents.

  • 2.3% Hispanic with 282 Hispanic residents.

Race Madison IN USA
White 91.3% 76.1% 58.2%
African American 2.2% 9.1% 12.0%
American Indian 0.1% 0.1% 0.5%
Asian 1.1% 2.5% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 0.6% 0.4% 0.5%
Two Or More 2.5% 3.4% 3.9%
Hispanic 2.3% 8.4% 19.0%

Gender in Madison

Female
55.2% (6,771)
Male
44.8% (5,505)
  • Madison is 55.2% female with 6,771 female residents.

  • Madison is 44.8% male with 5,505 male residents.

Gender Madison IN USA
Female 55.2% 50.4% 50.5%
Male 44.8% 49.6% 49.5%

Highest level of educational attainment in Madison for adults over 25

  • 3.0% of adults in Madison completed < 9th grade.

  • 7.0% of adults in Madison completed 9-12th grade.

  • 35.0% of adults in Madison completed high school / ged.

  • 21.0% of adults in Madison completed some college.

  • 12.0% 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
3.0% (368)
9-12th Grade
7.0% (859)
High School / GED
35.0% (4,296)
Some College
21.0% (2,578)
Associate's Degree
12.0% (1,473)
Bachelor's Degree
13.0% (1,596)
Master's Degree
7.0% (859)
Professional Degree
1.0% (122)
Doctorate Degree
1.0% (122)
Education Madison IN USA
< 9th Grade 3.0% 3.0% 5.0%
9-12th Grade 7.0% 6.0% 6.0%
High School / GED 35.0% 33.0% 26.0%
Some College 21.0% 20.0% 19.0%
Associate's Degree 12.0% 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

  • 5.0% of households in Madison earn Less than $10,000.

  • 7.8% of households in Madison earn $10,000 to $14,999.

  • 10.2% of households in Madison earn $15,000 to $24,999.

  • 8.0% of households in Madison earn $25,000 to $34,999.

  • 11.1% of households in Madison earn $35,000 to $49,999.

  • 22.9% of households in Madison earn $50,000 to $74,999.

  • 10.3% of households in Madison earn $75,000 to $99,999.

  • 14.4% of households in Madison earn $100,000 to $149,999.

  • 4.9% of households in Madison earn $150,000 to $199,999.

  • 5.4% of households in Madison earn $200,000 or more.

Less than $10,000
5.0% (61,890)
$10,000 to $14,999
7.8% (95,671)
$15,000 to $24,999
10.2% (124,767)
$25,000 to $34,999
8.0% (98,630)
$35,000 to $49,999
11.1% (136,109)
$50,000 to $74,999
22.9% (281,342)
$75,000 to $99,999
10.3% (126,493)
$100,000 to $149,999
14.4% (176,548)
$150,000 to $199,999
4.9% (60,164)
$200,000 or more
5.4% (66,082)
Income Madison IN USA
Less than $10,000 5.0% 4.9% 4.9%
$10,000 to $14,999 7.8% 3.5% 3.6%
$15,000 to $24,999 10.2% 7.1% 6.6%
$25,000 to $34,999 8.0% 7.8% 6.8%
$35,000 to $49,999 11.1% 12.2% 10.4%
$50,000 to $74,999 22.9% 17.9% 15.7%
$75,000 to $99,999 10.3% 13.9% 12.7%
$100,000 to $149,999 14.4% 17.2% 17.4%
$150,000 to $199,999 4.9% 7.9% 9.3%
$200,000 or more 5.4% 7.6% 12.6%

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