Madison, IN 47250 has a population of approximately 22,001 and experiences a population change rate of 4.53%. The population density is 106.2 / sq mi .
Madison, IN 47250 Real Estate for Sale

$242,000
3 Beds · 2 Baths · 1,760 Sq. Ft.

$242,000
3 Beds · 2 Baths · 1,760 Sq. Ft.
Madison, IN 47250 has a population of approximately 22,001 and experiences a population change rate of 4.53%. The population density is 106.2 / sq mi .
The median household income for Madison, IN 47250 is $51,547, with 9,313 households and an average household size of 2.31.
The median value of a home in Madison, IN 47250 is $196,300 with an appreciation rate of 15.80%. 59.07% of housing in the state is owned while 30.08% is rented.
The cost of living in Madison, IN 47250 is 81.4 %.
The unemployment rate in Madison, IN 47250 is 2.50%, and recent job growth is at 1.24%. Future job growth is projected at 39.93%.
The sales tax rate in Madison, IN 47250 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Madison, IN 47250 are $13,210, and the school ratio is 16:1.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 21.6 degrees. The average rainfall is approximately 47.4 inches per year, with 12.3 inches of snow per year.