Population 20,423 · Census ACS 2020–24
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Population and households in Madison
Household size in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.40 | 2.57 | 2.68 |
| 2010–14 | 2.28 | 2.59 | 2.73 |
| 2015–19 | 2.25 | 2.57 | 2.71 |
| 2020–24 | 2.41 | 2.54 | 2.65 |
| Change | +0.01 | −0.03 | −0.03 |
The average household in Madison has 2.41 people, under the U.S. average of 2.65. The biggest households, usually families with children, are concentrated in the center.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 41.6 | 37.5 | 37.7 |
| 2010–14 | 42.8 | 38.4 | 38.6 |
| 2015–19 | 43.1 | 39.1 | 39.6 |
| 2020–24 | 44.4 | 39.3 | 40.1 |
| Change | +2.8 | +1.7 | +2.3 |
Madison skews older: half of its residents are older than 44.4, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 41.6, in line with the national trend.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 12.2% | 11.8% | 12.3% |
| 2010–14 | 15.7% | 12.0% | 12.3% |
| 2015–19 | 10.0% | 11.6% | 11.6% |
| 2020–24 | 13.1% | 11.7% | 11.6% |
| Change | +0.9 pts | −0.1 pts | −0.6 pts |
Single-parent households are a bit more common in Madison than nationally: 13.1%, against 11.6%. The single-parent share has edged up 0.9 points since 2006–10, even as the national share fell.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Madison
Renters in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 30.9% | 28.5% | 33.3% |
| 2010–14 | 32.4% | 30.5% | 35.6% |
| 2015–19 | 32.1% | 30.9% | 36.0% |
| 2020–24 | 31.9% | 29.4% | 34.8% |
| Change | +1.0 pts | +1.0 pts | +1.5 pts |
Nearly a third of households in Madison rent their homes (31.9%), close to the national share of 34.8%. Nearly four in ten owners (38.3%) have paid off their mortgages, about the same as nationally. Renting is most common in the west and least common in the northeast. The renter share has edged up 1.0 points since 2006–10, mirroring the country.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 13.3% | 11.2% | 11.4% |
| 2010–14 | 11.8% | 11.2% | 11.4% |
| 2015–19 | 12.7% | 10.9% | 11.1% |
| 2020–24 | 12.9% | 9.3% | 9.6% |
| Change | −0.4 pts | −2.0 pts | −1.8 pts |
Vacancy runs high in Madison: 12.9% of homes are empty, against 9.6% nationally. The count includes vacation homes and homes between owners or tenants, not just abandoned ones. Madison has a higher vacancy rate than the great majority of Indiana cities.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1971 | 1972 | 1974 |
| 2010–14 | 1970 | 1973 | 1975 |
| 2015–19 | 1972 | 1974 | 1977 |
| 2020–24 | 1970 | 1977 | 1980 |
| Change | −1 | +5 | +6 |
The housing in Madison is old by national standards: the median home dates to 1970, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. The newest homes are mostly in the northeast, the oldest in the south.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $608 | $763 | $965 |
| 2010–14 | $671 | $819 | $1,040 |
| 2015–19 | $750 | $903 | $1,213 |
| 2020–24 | $824 | $1,146 | $1,571 |
| Change | +$216 | +$384 | +$606 |
A typical rental in Madison costs $824 a month with utilities, well below the national median of $1,571. Rents are up $216 a month from 2006–10, a 36% rise, a slower climb than the nation's. Rent takes 27.1% of the typical renter's income, just under the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the northeast; the highest are in the west.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Madison
Bachelor's degrees in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 19.9% | 23.8% | 28.4% |
| 2010–14 | 19.6% | 24.6% | 29.6% |
| 2015–19 | 20.0% | 27.1% | 32.1% |
| 2020–24 | 21.7% | 30.0% | 35.6% |
| Change | +1.8 pts | +6.2 pts | +7.2 pts |
Fewer adults in Madison have a four-year degree than in the country as a whole: 21.7%, against 35.6% nationally. The share with a degree is up 1.8 points from 2006–10, a smaller shift than nationally. College graduates are most concentrated in the south and least in the west.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 85.1% | 86.5% | 84.9% |
| 2010–14 | 86.6% | 87.7% | 86.1% |
| 2015–19 | 89.6% | 88.7% | 87.7% |
| 2020–24 | 90.8% | 89.9% | 89.3% |
| Change | +5.7 pts | +3.4 pts | +4.3 pts |
High school completion in Madison is close to the national rate: 90.8% of adults have a diploma or equivalent, against 89.3%. Since 2006–10, the share with a diploma has risen 5.7 points, as it has nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Madison
| Period | Madison | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 7.7% | 8.4% | 8.1% |
| 2010–14 | 10.0% | 8.9% | 9.4% |
| 2015–19 | 4.2% | 4.9% | 5.6% |
| 2020–24 | 4.0% | 4.3% | 5.4% |
| Change | −3.7 pts | −4.1 pts | −2.7 pts |
Jobs have been easier to find in Madison than nationally: unemployment was 4.0%, against 5.4%. Since 2006–10, unemployment has fallen 3.7 points, in line with the national trend. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Madison compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Madison | 2.41 | 44.4 | 13.1% | 31.9% | 12.9% | 1970 | $824 | 21.7% | 90.8% | 4.0% |
| North Madison | 2.52 | 45.0 | 6.5% | 38.9% | 9.8% | 1971 | $611 | 24.5% | 86.9% | 5.1% |
| Smyrna | 2.15 | 45.5 | 24.1% | 26.6% | 9.5% | 1994 | $997 | 19.4% | 95.3% | 0.7% |
| Milton | 2.40 | 42.0 | 11.4% | 23.0% | 16.5% | 1981 | $850 | 20.6% | 93.7% | 4.4% |
| Hanover | 2.40 | 34.4 | 13.4% | 28.8% | 12.7% | 1977 | $922 | 20.9% | 90.8% | 5.9% |
| Volga | 2.30 | 46.7 | 6.8% | 12.4% | 12.9% | 1979 | $995 | 30.8% | 90.4% | 3.3% |
| China | 2.48 | 49.1 | 14.9% | 11.0% | 15.7% | 1987 | $530 | 14.9% | 94.5% | 0.0% |
| Manville | 2.69 | 32.1 | 23.8% | 24.2% | 16.0% | 1960 | $1,031 | 16.1% | 93.5% | 0.8% |
| Brooksburg | 2.70 | 31.7 | 24.0% | 24.4% | 16.0% | 1959 | $1,043 | 16.1% | 93.5% | 0.8% |
| Kent | 2.85 | 40.8 | 7.2% | 6.8% | 9.9% | 1975 | $737 | 19.7% | 90.8% | 3.5% |
| Saluda | 2.95 | 35.0 | 18.1% | 17.8% | 6.8% | 1975 | $735 | 13.4% | 86.6% | 8.1% |
All figures 2020–24.
Cities with similar populations: East Hemet, CA · Upper St. Clair, PA · Utuado, PR · Uvalde, TX · Florida Ridge, FL · Florida City, FL · Floral Park, NY · Five Corners, WA · East St. Louis, IL · East Providence, RI
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Madison. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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