Madison, Allen County, IN demographics:
population, income, and more

Total population
3,455
1.9% year-over-year change
Median household income
$72,813/yr
11.1% year-over-year change
Housing units
1,444
2.9% year-over-year change

Madison population

How many people live in Madison

Madison is home to 3,455 residents, according to the most recent Census data. Gender-wise, 51.7% of Madison locals are male, and 48.3% are female.

Total population
3,455
1.9% year-over-year change
Gender ratio
Male
51.7%
1,786
Female
48.3%
1,670
Value Percent YoY change
Male 1,786 51.7% 1.1%
Female 1,670 48.3% 2.8%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Madison is 45, with the population distributed as follows: about 22% are children under 15, then 12.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 21.8% of the population, while another 26.7% fall into the 45 to 64 bracket. Finally, around 16.9% are 65 or older.

Median age
44.8
Age breakdown
Under 15
22%
15 to 24
12.6%
25 to 44
21.8%
45 to 64
26.7%
Over 65
16.9%
Value Percent YoY change
Under 15 760 22% -0.3%
15 to 24 437 12.6% 2.8%
25 to 44 752 21.8% -4.9%
45 to 64 923 26.7% 8.2%
Over 65 584 16.9% 4.1%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Madison, 88.6% of the population are US-born citizens, while 6.1% have gained naturalized citizenship. At the same time, 5.2% of residents are non-citizens. As for race, 61.2% of locals are Caucasian, 16.4% are African American and 10.7% have Asian roots. Another 0.6% are Indigenous American, 0.1% are Pacific Islanders, while 3.2% identify as another race. There’s also a share of 7.8% that includes residents with two or more races.

Citizenship
U.S.-born citizens
88.6%
Non-U.S.-born citizens
6.1%
Non-citizens
5.2%
Value Percent YoY change
U.S.-born citizens 3,063 88.6% 2.7%
Non-U.S.-born citizens 211 6.1% 0.0%
Non-citizens 181 5.2% -9.1%
Racial breakdown
White
61.2%
Black or African American
16.4%
American Indian and Alaska Native
0.6%
Asian
10.7%
Native Hawaiian and other Pacific Islander
0.1%
Two or more races
7.8%
Other
3.2%
Value Percent
White 2,114 61.2%
Black or African American 568 16.4%
American Indian and Alaska Native 19 0.6%
Asian 370 10.7%
Native Hawaiian and other Pacific Islander 5 0.1%
Two or more races 269 7.8%
Other 111 3.2%

Households in Madison

A peek inside Madison households

Madison has 1,358 households, with an average of 2 members in each. Of these, 62.9% are families, while the remaining 37.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,358
3.1% year-over-year change
Average people per household
2
Non-family households
504
Family households
854
Value Percent YoY change
Non-family households 504 37.1% 3.7%
Family households 854 62.9% 2.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Madison

The housing landscape of Madison

Madison's housing consists of 1,444 units, with 70.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.6% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 5.9% of the housing landscape.

Housing units
1,444
2.9% year-over-year change
Housing types
Value Percent
1 unit, detached 1,022 70.8%
1 unit, attached 23 1.6%
2 units 1 0.1%
3 or 4 units 33 2.3%
5 to 9 units 122 8.4%
10 to 19 units 52 3.6%
20 to 49 units 46 3.2%
50 or more units 59 4.1%
Mobile home 85 5.9%
Homes built since 2020
12
1,100.0% year-over-year change

The age of buildings in Madison

In Madison, the median construction year is 1973. About 16.3% of homes were built before the 1940s, with another 3.1% going up by 1949. Most development happened in the second half of the 20th century. Then, 11.8% of homes were added from 2000 to 2009, 3.5% between 2010 and 2019, and 0.8% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 236 16.3% 6.8%
Built between 1940 and 1949 45 3.1% 7.1%
Built between 1950 and 1959 129 8.9% -11.0%
Built between 1960 and 1969 231 16% 7.9%
Built between 1970 and 1979 274 19% -8.7%
Built between 1980 and 1989 141 9.8% 0.0%
Built between 1990 and 1999 156 10.8% 6.1%
Built between 2000 and 2009 170 11.8% 18.1%
Built between 2010 and 2019 50 3.5% 4.2%
Built in 2020 or later 12 0.8% 1,100.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Madison occupancy rates

Out of the 1,358 occupied housing units in Madison, 70.5% are owner-occupied, while 29.5% are lived in by tenants. Meanwhile, 6% of all homes on the local market sit vacant.

Occupied housing units
1,358
3.1% year-over-year change
Occupancy breakdown
Renter occupied
400
Owner occupied
958
Value Percent YoY
change
Renter occupied 400 29.5% 5.5%
Owner occupied 958 70.5% 2.1%
Unoccupied housing units
6.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Madison housing costs

Housing costs in Madison come to a median of $848 per month, while tenants specifically pay a median gross rent of $876.

Median housing costs per month
$848/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Madison
$876/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Madison

Madison education at a glance

About 45.7% of the population in Madison went to high school, while 20.9% pursued college studies. Another 11.1% earned an associate degree and 11.8% hold a bachelor’s. Meanwhile, 3.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 170 6.7% -15.4%
High school diploma 1,153 45.7% 2.7%
College diploma 527 20.9% 3.3%
Associate degree 280 11.1% 0.4%
Bachelor's degree 297 11.8% 5.3%
Graduate degree 98 3.9% 21.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Madison

How much people earn in Madison

The average annual household income in Madison was $89,151 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +8.3% change from the previous year. At the same time, the median income stood at $72,813, reflecting a +11.1% shift over the same period.

Average household income in Madison
$89,151/year
8.3% year-over-year change
Median household income in Madison
$72,813/year
11.1% year-over-year change

Madison income by age

In Madison, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $81,974. Those with someone between 45 and 64 in charge, often well established professionally, earn $84,718 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $28,060, while those led by someone over 65, many of whom may be retired, have about $47,917 in earnings. Overall, 84% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $28,060 -29.6%
25 - 44 $81,974 2.5%
45 - 64 $84,718 9.0%
Over 65 $47,917 4.3%
Above poverty level
2,824
Below poverty level
538
Value Percent YoY
change
Above poverty level 2,824 84% 3.6%
Below poverty level 538 16% -5.6%

Employment in Madison

Workforce and job types in Madison

63.4% of the working population are employed in professional or administrative positions, while 36.6% are in hands-on or service-based jobs. Also, 6.6% run their own businesses, 71.8% are employed by private companies, and 10.2% work in the public sector.

Workforce demographics

White collar
979
Blue collar
564
Value Percent YoY change
White collar 979 63.4% 9.1%
Blue collar 564 36.6% -5.7%
Employer type
Self employees
6.6%
Private companies
71.8%
Governmental workers
10.2%
Not for profit companies
11.4%
Value Percent YoY change
Self employees 101 6.6% 5.2%
Private companies 1,108 71.8% -0.2%
Governmental workers 158 10.2% 18.8%
Not for profit companies 176 11.4% 13.6%

Transportation in Madison

How people get around in Madison

In Madison, the average commute time is 9 minutes. Commuting methods vary: 98% of residents travel by personal vehicle and 0.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
9 min
0.0% year-over-year change
Means of transportation
Value Percent YoY change
Car 1,345 98% 0.2%
Bus or trolleybus 18 1.3% 80.0%
Motorcycle 2 0.2% 0.0%
Walk 8 0.6% -27.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Madison by zipcode?

Zipcode Population Number of households Median income Average income
46745 1,793 676 $89,643 $116,495
46773 3,474 1,424 $72,813 $87,577
46816 19,514 7,557 $45,343 $58,586

Explore more communities

FAQs about Madison demographics 

What is the total population of Madison?

Madison has a total population of 3,455 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +1.9% compared to a year ago.

What is the gender ratio in Madison?

The gender ratio in Madison is as follows:
  • 51.7% males (1,786 residents)
  • 48.3% females (1,670 residents)

What is the median age in Madison?

The median age in Madison is 44.8.

What is the age distribution of the population in Madison?

The age distribution in Madison is as follows:
  • Under 15: 22% (760 residents)
  • Ages 15-24: 12.6% (437 residents)
  • Ages 25-44: 21.8% (752 residents)
  • Ages 45-64: 26.7% (923 residents)
  • Over 65: 16.9% (584 residents)

What is the racial and ethnic makeup of Madison?

The racial and ethnic makeup of Madison is as follows:
  • White: 61.2% (2,114 residents)
  • Black or African American: 16.4% (568 residents)
  • American Indian and Alaska Native: 0.6% (19 residents)
  • Asian: 10.7% (370 residents)
  • Native Hawaiian and Other Pacific Islander: 0.1% (5 residents)
  • Two or More Races: 7.8% (269 residents)
  • Other: 3.2% (111 residents)

What percentage of the population in Madison are U.S.-born citizens?

U.S.-born citizens represent 88.6% of the population in Madison.

How many housing units are there in Madison?

There are 1,444 housing units in Madison, reflecting a +2.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Madison and what is the average household size?

Madison has a total of 1,358 households, with an average of 2 people in each.

What is the median household income in Madison?

Madison has a median household income of $72,813, representing a +11.1% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Madison?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 63.4% (979 residents)
  • Blue-collar workers: 36.6% (564 residents)

Places of employment:
  • Self-employed: 6.6% (101 residents)
  • Private companies: 71.8% (1,108 residents)
  • Governmental workers: 10.2% (158 residents)
  • Not-for-profit companies: 11.4% (176 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025