HomeIndianaJefferson CountyMadison
Madison, Indiana: commercial real estate data.
Madison is a Census city of 12,223 people across 8.64 square miles of land, in Jefferson County. Median household income is $61,183, 62.1 percent of occupied homes are owned, and the SBA record carries 19 7(a) approvals to borrowers here worth $24.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Madison
What Madison is
- Census place typecity
- Land area8.64 sq mi
- Water area0.28 sq mi
- Population per square mile of land1,415
- County holding the largest share of its areaJefferson County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
How many people live in Madison
- Population12,223
- Median age44.4
- Population under 182,205
- Share under 1818.0 percent
- Population 65 and over2,440
- Share 65 and over20.0 percent
- Households4,924
- Family households2,761
- Share of households that are families56.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
Income and work in Madison
- Median household income$61,183
- Per capita income$33,509
- Civilian labor force5,910
- Employed5,605
- Unemployed305 plus or minus 128
- Unemployment rate5.2 percent plus or minus 2.1
- Adults 25 and over8,915
- Adults 25 and over with a high school diploma or higher90.0 percent
- Adults 25 and over with a bachelor degree or higher23.8 percent
- Adults 25 and over with a graduate degree11.5 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
Housing in Madison
- Housing units5,710
- Occupied units4,924
- Vacant units786 plus or minus 261
- Vacancy rate13.8 percent plus or minus 4.5
- Owner occupied3,060
- Renter occupied1,864
- Ownership rate62.1 percent
- Median owner-occupied home value$203,100
- Median gross rent, monthly$820
- Annual rent as a share of median income16.1 percent
- Single family units3,903
- Share single family68.4 percent
- Units in buildings of two or more1,663 plus or minus 406
- Share in buildings of two or more29.1 percent plus or minus 7.0
- Mobile homes144 plus or minus 102
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
How Madison gets to work
- Workers 16 and over who commute5,152
- Commuting under 15 minutes3,020
- Share commuting under 15 minutes58.6 percent
- Commuting 30 minutes or more1,323 plus or minus 463
- Share commuting 30 minutes or more25.7 percent plus or minus 8.6
- Drove alone82.6 percent
- Carpooled8.0 percent plus or minus 3.2
- Public transport0.0 percent
- Walked1.6 percent plus or minus 1.0
- Worked from home7.3 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Madison
SBA loans in Madison (7(a))
- Approvals19
- Gross approval$24,325,000
- Average approval$1,280,263
- Median approval$314,200
- Largest approval$5,000,000
- Jobs supported253
- Jobs per approval13.3
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term156 months
- Share on real estate terms of 20 years or more42.1 percent
- Share to franchises36.8 percent
- Distinct lenders12
- Distinct industries by NAICS15
Counted by borrower city: approvals to borrowers whose address is in Madison, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Madison
SBA loans in Madison (504)
- Approvals4
- Gross approval$4,186,000
- Average approval$1,046,500
- Median approval$869,000
- Largest approval$2,023,000
- Jobs supported20
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Madison, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Madison
Flood risk in Madison
- NFIP communityCity of Madison
- NFIP community number180107
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/02/15
The City of Madison participates in the National Flood Insurance Program as community 180107 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Jefferson County, not Madison
Jefferson County context, not Madison figures
- Establishments in Jefferson County677
- Covered employment, Jefferson County12,853
- Average annual pay, Jefferson County$50,879
- Housing units permitted, Jefferson County58
Every figure in this section is published for Jefferson County as a whole and is not a measurement of Madison.
All Jefferson County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Madison questions, answered from the record.
How many people live in Madison, Indiana?
12,223, in 4,924 households. Madison city covers 8.64 square miles of land, which is 1,415 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Madison in?
Jefferson County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Madison?
$61,183. The median owner-occupied home is valued at $203,100. Median gross rent is $820 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Madison businesses?
19 7(a) approvals totaling $24.3 m since FY2020, across 12 lenders, median approval $314,200, plus 4 504 approvals worth $4.2 m since FY2010. These count approvals to borrowers whose address is in Madison, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Madison borrowers get paid back?
No rate is published for Madison. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Madison in the National Flood Insurance Program?
Yes. Madison appears in the FEMA Community Status Book as Madison, city of, community 180107, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Madison figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Jefferson County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Madison.
Is zoning published for Madison?
No. Nothing on this page presents parcel level zoning.
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