Madison
Madison city, Indiana
Madison, Indiana, is a hidden gem for those seeking a tranquil and affordable lifestyle. Nestled along the Ohio River, this charming city offers a unique blend of small-town charm and historical significance. Imagine strolling through beautifully preserved historic districts, where the median home value clocks in at a remarkably accessible $169,900 – less than half the national average. You'll find a strong sense of community here, where neighbors greet each other with a smile and the pace of life allows you to savor each day. Madison is a place where you can truly put down roots and feel at home.
From an investment perspective, Madison presents a compelling opportunity. While the median household income of $53,113 is slightly below the national average, the incredibly low cost of living makes it easy to stretch your dollar. The real estate market here is stable and offers excellent value for your investment. Madison is ideal for first-time homebuyers, retirees seeking an affordable haven, or anyone looking to escape the hustle and bustle of city life, all while enjoying a safe environment and a strong sense of community.
Madison, Indiana at a Glance
Madison is a city in Madison city, Indiana with a population of approximately 12,301. The median home value is $169,900 and the median household income is $53,113. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,013 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$169,900
Median Income
$53,113
Population
12,301
Walk Score
47
Air Quality
AQI 44
Good
Climate Risk
Relatively High
Good
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- Population
- 12,301
- Median Age
- N/A
- Median Household Income
- $53,113
29% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 18.2%
47% above nat'l avg
- Median Home Value
- $169,900
40% below nat'l avg
- Median Rent
- $1,013
13% below nat'l avg
- Homeownership Rate
- 35.0%
47% below nat'l avg
- Affordability Index
- 159
59% above nat'l avg
- Violent Crime Rate
- N/A
- Property Crime Rate
- 0.2 per 1K
99% below nat'l avg
- AQI
- 44
5% above nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 84.70
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.6¢/kWh
12% below nat'l avg
- Est. Monthly Electric
- $131
4% below nat'l avg
- Unemployment Rate
- 3.3%
11% below nat'l avg
- Poverty Rate
- 18.2%
47% above nat'l avg
Weather & Climate in Madison
Avg High
63°F
Avg Low
46°F
Annual Rainfall
43"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Marion County county-level presidential election data
Culture & Things to Do in Madison
Madison Ribberfest BBQ & Music Festival
A popular annual event featuring barbecue, music, and family activities.
Madison Chautauqua Festival of Art
An annual juried art festival held in the historic downtown area.
River Days Festival
A summer festival with various activities and entertainment along the Ohio River.
Madison Regatta
An annual hydroplane boat race held on the Ohio River.
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