Department of Numbers

Madison County Indiana Household Income

The Census ACS 1-year survey reports that the median household income for the Madison County Indiana area was $55,142 in 2019, the latest figures available. Madison County median household income is $2,461 lower than the median Indiana household income and $10,570 less than the US median household income. 2020 county income data (including Madison County median household income) will be released in September of 2021. Median family and per capita income for Madison County are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Madison County Indiana

2019 1 Year Change 3 Year Change
US $65,712 +4.21% +7.05%
Indiana $57,603 +1.49% +3.36%
Madison County $55,142 +9.16% +13.77%

Trends in Madison County, IN Real Median Household Income since 2005

At $55,142, the median household income for Madison was at a new inflation adjusted high in 2019.

Real Median Household Income: Madison County, Indiana, National

Historical Inflation Adjusted Median Household Income for Madison County

Date US Indiana Madison County
2019 $65,712 $57,603 $55,142
2018 $63,059 $56,756 $50,514
2017 $62,927 $56,507 $44,909
2016 $61,383 $55,733 $48,469
2015 $60,187 $54,530 $48,837
2014 $58,001 $53,449 $48,788
2013 $57,437 $52,247 $44,974
2012 $57,307 $52,402 $47,894
2011 $57,531 $52,902 $47,993
2010 $58,809 $52,425 $45,561
2009 $59,988 $54,258 $49,859

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Madison County Family Income

The ACS 1-year data shows the median family income for Madison County was $67,712 in 2019. Compared to the median Indiana family income, Madison County median family income is $6,164 lower. As with the median household income data, 2020 family income data for Madison County will be released in September of 2021.

Show dollars as: Nominal Real

Real Median Family Income for Madison County Indiana

2019 1 Year Change 3 Year Change
US $80,944 +4.06% +6.92%
Indiana $73,876 +3.44% +5.02%
Madison County $67,712 +10.50% +9.81%

Trends in Madison County, IN Real Median Family Income since 2005

The current median family income for Madison is $67,712. Real median family income peaked in 2005 at $68,345 and is now $633 (0.93%) lower. From a post peak low of $55,046 in 2013, real median family income for Madison has now grown by $12,666 (23.01%).

Real Median Family Income: Madison County, Indiana, National

Historical Inflation Adjusted Median Family Income for Madison County

Date US Indiana Madison County
2019 $80,944 $73,876 $67,712
2018 $77,786 $71,421 $61,278
2017 $77,064 $71,008 $56,923
2016 $75,707 $70,348 $61,661
2015 $73,660 $68,162 $59,159
2014 $71,246 $65,701 $61,368
2013 $70,386 $65,327 $55,046
2012 $69,752 $65,367 $61,516
2011 $70,009 $65,102 $58,773
2010 $71,221 $65,063 $61,480
2009 $72,962 $67,407 $60,136

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Madison County Per Capita Income

The ACS 1-year survey shows the per capita income for Madison County was $26,665 in 2019. Compared to the median Indiana per capita income, Madison County median per capita income is $4,323 lower. As with the median household and median family income numbers above, 2020 per capita income data for Madison County will be released in September of 2021.

Show dollars as: Nominal Real

Real Per Capita Income for Madison County Indiana

2019 1 Year Change 3 Year Change
US $35,672 +3.57% +7.57%
Indiana $30,988 +3.64% +5.91%
Madison County $26,665 +6.53% +3.03%

Trends in Madison County, IN Real Per Capita Income since 2005

The current per capita income for Madison is $26,665. Real per capita income peaked in 2005 at $28,347 and is now $1,682 (5.93%) lower. From a post peak low of $22,932 in 2012, real per capita income for Madison has now grown by $3,733 (16.28%).

Real Per Capita Income: Madison County, Indiana, National

Historical Real Per Capita Income for Madison County

Date US Indiana Madison County
2019 $35,672 $30,988 $26,665
2018 $34,444 $29,901 $25,031
2017 $33,788 $29,539 $24,216
2016 $33,163 $29,259 $25,881
2015 $32,351 $28,484 $24,539
2014 $31,228 $27,175 $24,620
2013 $30,982 $27,258 $23,549
2012 $30,476 $26,659 $22,932
2011 $30,425 $26,798 $23,736
2010 $30,622 $26,799 $23,980
2009 $31,545 $27,673 $24,708

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