Skip to main content

Madison County, Indiana Demographics 2026

Madison County, Indiana has a population of 131,900, the 13th most populous county in Indiana. The median household income is $63,037 and the median home value is $161,300. The poverty rate is 13.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Madison County Quick Facts

Population 131,900
Median Household Income $63,037
Median Home Value $161,300
Poverty Rate 13.4%
Unemployment Rate 5.9%
Median Age 40.9 years
Homeownership Rate 70.2%
Affordability Ratio 2.6x
Bachelor's Degree+ 20.5%
High School Graduation 90.8%
Cities/Places 15
Population 131,900 13th of 92
Median Income $63,037 12% lower than state
Poverty Rate 13.4%
Unemployment 5.9%

How Madison County Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population130,949131,900+0.7%
Median household income$62,632$63,037+0.6%
Median home value$147,700$161,300+9.2%

Economy & Housing

Household Income Distribution

Under $25K 17.0%
$25K-$50K 22.6%
$50K-$100K 33.7%
$100K+ 26.7%
Detailed income brackets
Under $10K
5.0%
$10K-$15K
4.1%
$15K-$20K
3.4%
$20K-$25K
4.5%
$25K-$30K
4.3%
$30K-$35K
4.8%
$35K-$40K
3.9%
$40K-$45K
4.9%
$45K-$50K
4.6%
$50K-$60K
7.7%
$60K-$75K
11.4%
$75K-$100K
14.6%
$100K-$125K
9.6%
$125K-$150K
5.9%
$150K-$200K
6.3%
$200K+
4.9%

Employment

5.9% Unemployment Rate State: 4.3%|National: 5.2%
60.1% Labor Force Participation

Housing Overview

Owner 70.2%
Renter 29.8%
Affordability Index Very Affordable
2.6x home value to income ratio
Median gross rent $939/mo 17.9% of median household income annually

People & Demographics

Diversity Index

32out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Cities & Places in Madison County

CityPopulationMedian IncomePovertyHome Value
Anderson55,367$46,90921.0%$119,000
Elwood8,356$53,28019.5%$97,800
Pendleton5,321$86,8069.2%$248,200
Alexandria5,155$64,3177.8%$97,800
Lapel2,668$79,7786.4%$220,400
Ingalls2,512$74,2369.6%$189,900
Chesterfield2,489$58,82411.9%$113,100
Edgewood2,121$87,7702.9%$200,100
Frankton1,658$68,6119.2%$140,400
Summitville1,104$52,94621.4%$101,600
Markleville739$89,1678.0%$184,200
Orestes243$43,12541.1%$90,900
Country Club Heights189$110,0004.8%$246,900
Woodlawn Heights72$110,0000.0%$413,600
River Forest21N/A0.0%N/A

Population Overview

Madison County is located in Indiana with a total population of 131,900. It is the 13th most populous county out of 92 in Indiana. The county encompasses 15 Census-designated places.

Age Demographics

The median age in Madison County is 40.9 years. This is 7% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Madison County is $63,037. This is 12% lower than the state median of $71,957. It is also 22% lower than the national median of $80,734. The poverty rate stands at 13.4%. This is 8% higher than the state poverty rate of 12.3%. The unemployment rate is 5.9%. This is 39% higher than the state rate of 4.3%. The median home value is $161,300. Housing costs are 26% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.6x, Madison County is one of the most affordable housing markets in the area. 70.2% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Madison County is White (non-Hispanic), making up 82.0% of the population. Black or African American residents account for 6.1%. The Asian population (0.7%) is well below the state average of 2.6%.

Education

20.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 31% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.8%.

Data Sources & Methodology

All figures for Madison County come from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates, with comparisons drawn against Indiana and national averages from the same dataset. See our methodology page for how each metric is defined, or data.census.gov for official tables with margins of error.

Frequently Asked Questions

What is the population of Madison County, Indiana?

Madison County has a population of 131,900, making it the 13th most populous county in Indiana.

What is the median income in Madison County?

The median household income in Madison County is $63,037 with a poverty rate of 13.4%.

How many cities are in Madison County, Indiana?

Madison County contains 15 Census-designated places.