Madison County Indiana Household Income
The Census ACS 1-year survey reports that the median household income for the Madison County Indiana area was $53,785 in 2021, the latest figures available. Madison County median household income is $8,958 lower than the median Indiana household income and $15,932 less than the US median household income. 2022 county income data (including Madison County median household income) will be released in September of 2023. Median family and per capita income for Madison County are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Madison County Indiana
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Indiana | $62,743 | -0.38% | +4.31% |
| Madison County | $53,785 | -5.65% | +0.47% |
Trends in Madison County, IN Real Median Household Income since 2005
The current median household income for Madison is $53,785. Real median household income peaked in 2019 at $58,437 and is now $4,652 (7.96%) lower.
Real Median Household Income: Madison County, Indiana, National
Historical Inflation Adjusted Median Household Income for Madison County
| Date | US | Indiana | Madison County |
|---|---|---|---|
| 2021 | $69,717 | $62,743 | $53,785 |
| 2020 | $70,877 | $62,983 | $57,007 |
| 2019 | $69,638 | $61,045 | $58,437 |
| 2018 | $66,828 | $60,148 | $53,533 |
| 2017 | $66,687 | $59,884 | $47,592 |
| 2016 | $65,052 | $59,064 | $51,365 |
| 2015 | $63,784 | $57,788 | $51,755 |
| 2014 | $61,468 | $56,644 | $51,704 |
| 2013 | $60,869 | $55,370 | $47,662 |
| 2012 | $60,732 | $55,533 | $50,756 |
| 2011 | $60,969 | $56,063 | $50,860 |
| 2009 | $63,573 | $57,501 | $52,839 |
| 2007 | $66,465 | $62,153 | $56,042 |
| 2005 | $64,310 | $61,182 | $55,699 |
Madison County Family Income
The ACS 1-year data shows the median family income for Madison County was $67,312 in 2021. Compared to the median Indiana family income, Madison County median family income is $11,931 lower. As with the median household income data, 2022 family income data for Madison County will be released in September of 2023.
Real Median Family Income for Madison County Indiana
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Indiana | $79,243 | -1.11% | +4.70% |
| Madison County | $67,312 | -4.74% | +3.65% |
Trends in Madison County, IN Real Median Family Income since 2005
The current median family income for Madison is $67,312. Real median family income peaked in 2005 at $72,429 and is now $5,117 (7.06%) lower. From a post peak low of $58,336 in 2013, real median family income for Madison has now grown by $8,976 (15.39%).
Real Median Family Income: Madison County, Indiana, National
Historical Inflation Adjusted Median Family Income for Madison County
| Date | US | Indiana | Madison County |
|---|---|---|---|
| 2021 | $85,806 | $79,243 | $67,312 |
| 2020 | $87,269 | $80,135 | $70,665 |
| 2019 | $85,780 | $78,290 | $71,758 |
| 2018 | $82,434 | $75,689 | $64,940 |
| 2017 | $81,669 | $75,252 | $60,325 |
| 2016 | $80,231 | $74,552 | $65,346 |
| 2015 | $78,061 | $72,235 | $62,694 |
| 2014 | $75,505 | $69,628 | $65,036 |
| 2013 | $74,593 | $69,231 | $58,336 |
| 2012 | $73,920 | $69,273 | $65,192 |
| 2011 | $74,192 | $68,992 | $62,285 |
| 2009 | $77,322 | $71,435 | $63,730 |
| 2007 | $80,131 | $75,627 | $67,907 |
| 2005 | $77,647 | $75,207 | $72,429 |
Madison County Per Capita Income
The ACS 1-year survey shows the per capita income for Madison County was $27,881 in 2021. Compared to the median Indiana per capita income, Madison County median per capita income is $5,173 lower. As with the median household and median family income numbers above, 2022 per capita income data for Madison County will be released in September of 2023.
Real Per Capita Income for Madison County Indiana
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Indiana | $33,054 | -1.38% | +4.31% |
| Madison County | $27,881 | -2.33% | +5.11% |
Trends in Madison County, IN Real Per Capita Income since 2005
The current per capita income for Madison is $27,881. Real per capita income peaked in 2005 at $30,041 and is now $2,160 (7.19%) lower. From a post peak low of $24,303 in 2012, real per capita income for Madison has now grown by $3,578 (14.72%).
Real Per Capita Income: Madison County, Indiana, National
Historical Real Per Capita Income for Madison County
| Date | US | Indiana | Madison County |
|---|---|---|---|
| 2021 | $38,332 | $33,054 | $27,881 |
| 2020 | $38,730 | $33,516 | $28,547 |
| 2019 | $37,803 | $32,840 | $28,258 |
| 2018 | $36,503 | $31,688 | $26,526 |
| 2017 | $35,807 | $31,304 | $25,663 |
| 2016 | $35,145 | $31,008 | $27,428 |
| 2015 | $34,284 | $30,186 | $26,005 |
| 2014 | $33,094 | $28,800 | $26,092 |
| 2013 | $32,833 | $28,886 | $24,956 |
| 2012 | $32,297 | $28,253 | $24,303 |
| 2011 | $32,243 | $28,399 | $25,154 |
| 2009 | $33,430 | $29,326 | $26,184 |
| 2007 | $34,959 | $31,183 | $28,715 |
| 2005 | $34,817 | $31,318 | $30,041 |
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