Indiana · Census place 45990
Madison city, IN
Quick answer
Madison city has 12,277 residents, ranking #70 of 976 places in Indiana. Median household income is $57,050, the median home is worth $186,600 and median gross rent runs $827 a month.
- Population
- 12,277Madison city residents
- Median household income
- $57,050Past 12 months, inflation adjusted
- Median home value
- $186,600Owner-occupied units
- Median gross rent
- $827Rent plus utilities, monthly
- Median age
- 45 yrsAll residents
- Homeownership rate
- 58.3%Owner-occupied households
What the numbers mean in Madison city
Housing cost measured against local earnings.
A household earning the Madison city median would spend about 17.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.7% of residents and 58.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Auburn city 13,464
- Connersville city 13,241
- Lake Station city 13,109
- Washington city 12,192
- Martinsville city 11,913
- Yorktown town 11,617
- Greensburg city 11,585
Keep going
More Indiana coverage.