Madison is located in Jefferson County, Indiana. Madison has a 2025 population of 640 . It is also the county seat of Jefferson County . Madison is currently growing at a rate of 0.63% annually and its population has increased by 0.95% since the most recent census, which recorded a population of 634 in 2020.
The average household income in Madison is $72,145 with a poverty rate of 3.92%. The median age in Madison is 40.6 years: 27.8 years for males, and 55.4 years for females. For every 100 females there are 132.2 males.
Data after 2023 is projected based on recent change
The racial composition of Madison includes 98.1% White, and smaller percentages for Two or more races and multiracial populations.
White (98.1%)
Two or more races (1.9%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 927 | 98.1% |
| Two or more races | 18 | 1.9% |
Married
Widowed
Divorced
Separated
Never Married
Madison's average per capita income is $40,638. Household income levels show a median of $57,539. The poverty rate stands at 3.92%.
Name | Median | Mean |
|---|---|---|
| Married Families | $85,000 | - |
| Families | $75,417 | $85,206 |
| Households | $57,539 | $72,145 |
| Non Families | $51,278 | $49,494 |
Average Income
Median Household Income
Poverty Rate