Madison, Indiana Housing

Madison, Indiana has a population of 12,200, with a median household income of $51,500.

Current housing data for Madison.

$185,000

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Population

12,200

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Median Income

$51,500

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Unemployment

4.20%

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Housing Price

$185,000

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Crime Rate

22.40

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Internet Speed

1000.00 Mbps

Madison is a small local community located in Indiana. The city has a population that is above the average city population in Indiana, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Indiana, Madison provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Madison has a population of 12,200, which is higher than the state average. This indicates a relatively larger urban presence within Indiana.

Income and Economy

The median household income in Madison is $51,500, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Madison is about $185,000, making it relatively affordable compared to many cities in Indiana.

Employment and Safety

The unemployment rate in Madison is 4.20%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Madison are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Indiana, Madison shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Indiana, Madison contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Madison

What is the population of Madison?

The population of Madison is approximately 12,200.

Is Madison a good place to live?

Madison offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Madison?

The median household income in Madison is around $51,500.

How expensive is housing in Madison?

The average housing price in Madison is approximately $185,000.