Madison County, Indiana Demographics 2026

Population Overview

Madison County is located in Indiana with a total population of 130,949. It is the 13th most populous county out of 92 in Indiana.

Age Demographics

The median age in Madison County is 40.8 years. This is 7% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Madison County is $62,632. This is 11% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 20% lower. The poverty rate stands at 12.9%. This is 6% higher than the state poverty rate of 12.2%. The unemployment rate is 5.7%. This is 33% higher than the state rate of 4.3%. The median home value is $147,700. Housing costs are 27% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.4x, Madison County is one of the most affordable housing markets in the area. 70.0% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Madison County is White (non-Hispanic), making up 82.6% of the population. Black or African American residents account for 6.3%. The Asian population (0.6%) is well below the state average of 2.5%.

Education

20.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.5%.