Pros and Cons of Living In Madison, Indiana. Is Madison, IN a Nice Place To Live or Retire?

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Madison, Indiana

Moving to Madison In Indiana ? Is Madison, IN a Nice Place To Live? Pros and Cons of Living in Madison, Indiana. Find out the best and worst about to live, raise a family or retire in Madison.

Madison is a city in and the county seat of Jefferson County, Indiana, United States, along the Ohio River. As of the 2010 United States Census its population was 11,967. Over 55,000 people live within 15 miles (24 km) of downtown Madison. Madison is the largest city along the Ohio River between Louisville and Cincinnati. Madison is one of the core cities of the Louisville-Elizabethtown-Madison metroplex, an area with a population of approximately 1.5 million. In 2006, the majority of Madison's downtown area was designated a National Historic Landmark—133 blocks of the downtown area is known as the Madison Historic Landmark District.

DEMOGRAPHICS

Population
11783
Unemployment
4.2%
11% NAT AVG.
Poverty
21.5%
54% NAT AVG.
Cost Of Living
90
10% NAT AVG.

ECONOMICS

Median Home Cost
$142100
38% NAT AVG.
Median Income
$41568
38% NAT AVG.
Median Rent
$680
41% NAT AVG.
Overall Score
5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 24
People Earning < $10,000
1 in 11
People Earning < $50,000
56.7%
People With Any Degree
1 in 3

ETHNICITY

Ethnicity Madison USA
White 88.6% 60.1%
African American 4.3% 12.2%
American Indian 0.1% 0.6%
Asian 0.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.3% 2.8%
Hispanic 4.3% 18.2%
Other 0.6% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Madison USA
Less than $10,000 9.4% 5.8%
$10,000 to $14,999 13.8% 4.1%
$15,000 to $24,999 9.9% 8.5%
$25,000 to $34,999 10.7% 8.6%
$35,000 to $49,999 12.9% 12.0%
$50,000 to $74,999 18.1% 17.2%
$75,000 to $99,999 10.4% 12.8%
$100,000 to $149,999 8.4% 15.6%
$150,000 to $199,999 4.7% 7.1%

EDUCATION

Education Madison USA
< 9th Grade 4% 5.0%
9-12th Grade 7% 7.0%
High School or GED 37% 27.0%
Other College 19% 20.0%
Associate's Degree 11% 9%
Bachelor's Degree 13% 20.0%
Master's Degree 7% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Madison is a city in Indiana state in USA with a population of 11783 residents.. The poverty rate of Madison is 21.5%, which is 54% higher than national average. The typical household in Madison earns $41568 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.7% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Madison remained 4.2%, which is 11% lower than national rate.

Cost of living in Madison is 90, which is 10% lower than national average. In Madison, only 22% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Madison is $142100 , which is 38% lower than national average. While median income in Madison remained $41568, which is 38% lower than national average.
Madison Scorecard

Jobs60%

Housing60%

Affordability60%

Safety80%

Amenities80%

Diversity60%

Education70%

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