Everything You Should Know Before Moving to Madison, IN
Thinking of moving to Madison, IN? With a population of nearly 12,000 and a relaxed small-town feel, Madison offers affordable living, with median home prices around $157,000 and average rents at $805. Residents enjoy short average commutes of under 20 minutes, a scenic riverfront setting, and a welcoming local community. Crime rates are moderate, and families benefit from solid public school options and proximity to local colleges. Madison's blend of historic charm, low cost of living, and pleasant weather makes it a great choice for those seeking a quieter pace without sacrificing amenities.
Demographics - Madison, IN
Demographics - Madison, IN
Madison, IN is a small city of just under 12,000 people, characterized by a predominantly White population and a median age of 41.5, reflecting a stable and mature community. The city has a moderate population density, a balanced gender ratio, and a low percentage of non-English speakers, contributing to its welcoming small-town atmosphere.
Population:
11,967
Density:
1,700 per sq mi
Median Age:
41.5
Gender Ratio:
93 males per 100 females
Non-English Speakers Percentage:
4.1%
Ethnic Composition
White:
92.0%
Black:
2.0%
Asian:
0.8%
Others:
5.2%
Cost Of Living
What is the average cost of living in Madison, IN?
Living in Madison is notably affordable, with a cost of living index well below the national average and median home values around $157,000. Housing and utility costs are especially budget-friendly, making the city an attractive option for families and retirees seeking value.
Median House Value:
$157,000
Gross Rent:
$805
Monthly Electricity Charges:
$120
Auto Insurance:
$1,075
House Owner Cost With Mortgage:
$1,050
House Owner Cost Without Mortgage:
$430
State Taxes:
Low:
3.15%
|
High:
5.75%
Cost Of Living Index:
79.8
Grocery:
94.3
Housing:
52.5
Utilities:
94.7
Transportation:
89.4
Health Care:
95.1
Miscellaneous:
92.8
Crime
Is Madison, IN a safe place to live?
Madison experiences relatively low violent crime, with about 192 incidents per 100,000 residents, but property crime is more prevalent, resulting in a moderate overall crime rate. Residents generally feel safe, though it is wise to take common-sense precautions to protect property.
Violent Crimes Per 100k:
192
Property Crimes Per 100k:
2,170
Crime Index:
2,362
Chance Of Violent Crime:
1 in 520
Chance Of Property Crime:
1 in 46
Weather
What is the weather like in Madison, IN year-round?
Madison enjoys four distinct seasons, with warm, humid summers reaching highs near 88°F and crisp winters with lows in the 20s. The area receives about 43 inches of annual rainfall and enjoys sunshine over half the year, making it appealing for those who appreciate seasonal variety.
Winter
Min:
23°F
Max:
39°F
Spring
Min:
45°F
Max:
68°F
Summer
Min:
65°F
Max:
88°F
Fall
Min:
46°F
Max:
69°F
Average Rainfall Inches:
43.0 inches
Sunny Days Percentage:
58%
Neighbors
The community in Madison is close-knit, with household incomes averaging $47,500 and a relatively high homeownership rate. While the poverty rate is higher than average, most residents have access to education and short commute times, contributing to a comfortable daily life.
Median Income:
$31,200
Household Income:
$47,500
Family Income:
$59,800
Per Capita Income:
$25,800
Income Male:
$40,900
Income Female:
$31,400
Poverty Rate:
17.9%
Non English Speakers:
4.1%
Rent:
$805
Unemployment Rate:
4.2%
Public Transport Usage:
0.4%
Commute Time:
19.7 minutes
Education
High School or Higher:
87.4%
Bachelors or More:
15.2%
Education
How are the schools in Madison, IN?
Families in Madison benefit from solid public and private school options, including Madison Consolidated High School and Shawe Memorial Jr-Sr High School, as well as proximity to Ivy Tech Community College. The area offers a supportive educational environment for students of all ages.
Public Schools
Name:
Madison Consolidated High School
Street:
743 Clifty Dr
Phone:
812-274-8001
Students:
800
Student Teacher Ratio:
17.1
Name:
Madison Junior High School
Street:
701 8th St
Phone:
812-274-8003
Students:
500
Student Teacher Ratio:
16.5
Private Schools
Name:
Shawe Memorial Jr-Sr High School
Street:
201 W State St
Phone:
812-273-2150
Students:
200
Colleges
Name:
Ivy Tech Community College – Madison
City:
Madison
State:
IN
Distance:
0 miles
Students:
1,200
Name:
Hanover College
City:
Hanover
State:
IN
Distance:
6 miles
Students:
1,100
Healthcare
Healthcare in Madison is anchored by King's Daughters' Health, offering general and emergency services to the local population. With nearly 92% of residents insured and a favorable healthcare index, access to medical care is reliable and convenient.
Major Hospitals
Name:
King's Daughters' Health
Address:
1373 E. SR 62, Madison, IN 47250
Phone:
(812) 801-0800
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
91.8%
Health Care Index:
72.4
Housing Market
What is the housing market like in Madison, IN?
Madison's housing market is stable and affordable, highlighted by a median home price of $157,000 and an average rent of $805 for a two-bedroom unit. Homeownership is common, and the area has seen healthy appreciation in property values over the past year.
Median Home Price:
$157,000
Average Rent For 2 Bedroom:
$805
Owner Occupied Rate:
59.4%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
7.2%
New Construction Rate:
0.8%
Foreclosure Rate:
0.7%
DMV Information
Residents handle vehicle registrations and licensing through the Indiana Bureau of Motor Vehicles, which provides accessible services both online and at nearby offices. The process is straightforward and well-supported for new arrivals.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
821 W. Harrison St., Monticello, IN 47960
Phone:
1-888-692-6841
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.