Places/IN/Madison County, IN
County profile

Madison County, IN

United States · GDP 2024
#673 of 3,127 US counties by GDP68th-percentile growthmore diversified than 85% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$5.5B
BEA · 2024
GDP growth (YoY)
+6.0%
BEA · 2024
Jobs tracked
34,645
Census CBP · 2023
Employers
2,353
Census CBP · 2023
Avg. wage
$47.7k
BLS QCEW · 2023
Population
135,088
Census PEP · 2025
Labor, income & education
Unemployment
3.7%
Median HH income
$63.0k±$2.1k
Bachelor's degree+
20.5%±0.9%
Poverty rate
13.4%±1.3%
Business applications
1,555 · 2025
Retail establishments
343
25.7/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care26%
Manufacturing18%
Retail trade18%
Food & accommodation17%
Transportation14%
Construction7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
135,088
residents · 2025 · +3.8% since 2020
Income per capita $51.1k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+6,453
International migration+483
Natural change2,021

GDP trend

20192024 · nominal
$4.0B
2019
$4.0B
2020
$4.5B
2021
$4.8B
2022
$5.2B
2023
$5.5B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$161.3k±$3.2k
Median gross rent
$939/mo±$24/mo
Vacancy rate
9.9%±1.0%
Affordability
3.4× wages
Residential permits
$56.3M
186 units · 1.4/1k pop
FEMA risk score
77.3
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 87Tornado 85Hail 85
FHFA HOUSE PRICE INDEX · 20162025
278
2016
299
2017
318
2018
344
2019
361
2020
410
2021
477
2022
520
2023
547
2024
565
2025
RESIDENTIAL PERMITS · 20212025
-37% since 2021
293
2021
337
2022
272
2023
186
2024
186
2025

Transport access

BTS · FAA · USACE
Nearest interstate
12.8 km
I-69
Nearest freight rail
0.5 km
ICRK
Nearest port
139.8 km
CHEVRON U.S.A.
Nearest commercial airport
28.9 km
DELAWARE COUNTY RGNL
Wage trend
BLS QCEW · 20192023
$47.7k
avg. annual pay · +19% since 2019
The read

What is the GDP of Madison?

Madison's economy produced $5.5B in 2024, growing 6.0% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.