Groundwork

County profile · Indiana

Madison County, IN market data

Population, household spending and competition for 56 business types in Madison County, each scored against other counties.

Population, 2025
135,088
+3.8% since 2020
Households
53,429
Median household income
$63,037
+27.3% vs. 2015–2019, before inflation
Median home value
$161,300
Jobs located here
39,528
Highest market score
84
Chiropractors, #22 of 1,490 scored counties

A site report maps the competitors on map listings around any address in Madison County by name and distance, and the households and spending within reach. Or open the report at the center of Madison County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

An estimated 135,088 people live in Madison County, in 53,429 households. Population estimates put the population change in Madison County from 2020 to 2025 at +3.8%, faster than the U.S. (+3.1%). The median household income in Madison County is $63,037 a year, 22% below the U.S. median of $80,734. That rose 27.3% from the 2015–2019 survey, before inflation.

Set against the U.S., households in Madison County spend the most on vehicle maintenance and repairs (an index of 108, where 100 is the U.S. average) and the least on child care and other personal services (57).

The highest Groundwork market scores in Madison County are for chiropractors (84), clothing and shoe stores (80) and spas and skin care studios (77). Madison County ranks #22 of 1,490 scored counties for chiropractors.

Madison County is part of the Indianapolis-Carmel-Greenwood metro area. For its number of households, Madison County has the most map listings, relative to the U.S., for funeral homes (95% above the U.S. rate) and the fewest for clothing and shoe stores (65% below the U.S. rate).

All 56 business types in Madison County

Highest Groundwork market score first. Each score compares Madison County with other counties for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Madison County, IN, highest Groundwork market score first, with its rank among counties, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among countiesListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Chiropractors84#22 of 1,49091.7$7.6M3197
Clothing and shoe stores80#153 of 2,087305.6$3.2M2499
Spas and skin care77#98 of 1,769275.1$1.8M2025
Physical therapy76#111 of 1,422122.2$5.7M23917
Clothing, shoes and laundry76#211 of 2,210539.9$1.8M20412
Convenience stores76#275 of 2,261315.8$9.8M1244
Martial arts and dance studios74#90 of 1,334122.2$3.2M1608
Grocery and convenience stores74#316 of 2,4027213.5$4.2M12422
Bakeries and dessert shops73#200 of 1,889285.2$6.6M15917
Gyms71#207 of 1,792254.7$1.5M11910
Gyms, studios and classes71#222 of 2,088397.3$991K15018
Tire shops69#316 of 1,530224.1$2.5M1006
Electricians68#193 of 1,16091.7$14.7M12219
Coffee shops and cafes67#384 of 2,063397.3$4.7M12817
Salons, barbers and spas67#397 of 2,38517632.9$271K12819
Barbershops66#301 of 1,356173.2$2.8M149Under 3
Grocery stores66#508 of 2,070275.1$11.2M12118
Mortgage brokers and lenders65#163 of 887101.9Index only1784
Optometrists and eye care65#308 of 1,302224.1$3.1M1007
Hair salons65#467 of 2,33910619.8$451K10512
Roofing and gutters63#306 of 1,177142.6$9.4M1126
Primary care and pediatrics63#434 of 1,656326.0$2.1M12165
Real estate agents and brokers62#475 of 2,1766612.4Index only19321
Restaurants and cafes62#680 of 2,40542178.8$439K118192
Collision repair and body shops59#456 of 1,327173.2$3.2M10515
Sit-down restaurants58#819 of 2,40522842.7$811K12289
Nail salons55#539 of 1,328254.7$1.9M114Under 3
Car washes and detailing55#604 of 1,451254.7$2.2M889
Veterinarians55#605 of 1,485152.8$2.7M9716
Real estate55#824 of 2,2299217.2Index only17448
Fast food and sandwich shops55#959 of 2,2226912.9$2.7M8885
Auto repair shops55#966 of 2,37812423.2$445K10059
Pest control54#299 of 69971.3$8.6M843
Auto repair and car care53#1,097 of 2,40121540.2$256K9581
Dentists and orthodontists52#876 of 1,8866311.8$1.1M11143
Home repair trades52#953 of 2,0576512.2$2M8459
Laundromats49#396 of 785101.9$9.5M763
Property management49#465 of 910152.8Index only8311
Pet businesses49#1,165 of 2,2006512.2$612K7024
Doctors, dentists and clinics49#1,248 of 2,39442579.5$162K106139
Pizza47#1,164 of 2,0905810.9$3.2M6385
House cleaning46#495 of 847101.9$6M9427
Funeral homes46#822 of 1,472224.1$351K5210
Pet grooming and boarding45#852 of 1,461315.8$1.3M508
HVAC and plumbing45#1,038 of 1,707427.9$3.1M6634
Gas stations45#1,410 of 2,3588816.5$1.6M6861
Child care and preschools41#1,082 of 1,611305.6$585K5825
Pet stores40#649 of 974122.2$3.3M73Under 3
Insurance agencies35#1,650 of 2,2727914.8$1.1M8757
Landscaping and lawn care34#1,174 of 1,493305.6$2M6864
Lawn, cleaning and pest control33#1,474 of 1,771478.8$1.3M7694
Dry cleanersNot scoredNot scored40.7$23.7M152Under 3
Oil change and quick lubeNot scoredNot scored30.6$18.4M1345
Yoga, Pilates and fitness studiosNot scoredNot scored20.4$19.3MToo few10
Home inspectorsNot scoredNot scored10.2Index onlyToo few3
Urgent care and walk-in clinicsNot scoredNot scored10.2$68.8MToo fewUnder 3

Household spending in Madison County

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Madison County, IN by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$55.1M$1,032108
Gasoline and other fuels$142.5M$2,666103
Food away from home$184.8M$3,45985
Groceries$302.6M$5,66490
Personal care products and services$47.8M$89489
Child care and other personal services$17.6M$32857
Memberships, classes and admissions$38.7M$72474
Medical and dental services$68.8M$1,288100
Pets$39.8M$74482
Clothing, shoes and related services$95M$1,77887
Vehicle insurance$86.8M$1,62483
Home repairs, maintenance and insurance$132.3M$2,47582
Lawn care, cleaning and other household services$59.9M$1,12279
Rent and homeowner costs$693.1M$12,97378

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in Madison County

Population, 2025 estimate
135,088+3.8% since 2020
Households
53,429
Median age
41.6
Homes lived in by their owners
70%
Vehicles per household
1.8
Land area
452 sq. mi.
People per square mile
292
Median household income
$63,037+27.3% vs. 2015–2019, before inflation
Average household income
$81,039
Median home value
$161,300
Jobs located here
39,528
Daytime population
114,511Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Madison County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the competitors on map listings by name and distance, for any of the 56 business types.

Or open the report at the center of Madison County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Madison County is part of the Indianapolis-Carmel-Greenwood, IN metro area.

Questions

How fast is Madison County, IN growing?

Population estimates put Madison County at 135,088 people in 2025, up 3.8% since 2020, faster than the U.S. (+3.1%). It has 53,429 households. Against the 2015–2019 survey, median household income rose 27.3%, before inflation.

How much do households in Madison County, IN spend?

Households in Madison County spend about $693.1M a year on rent and homeowner costs, $302.6M on groceries and $184.8M on food away from home. Relative to the U.S., household spending in Madison County runs highest on vehicle maintenance and repairs (an index of 108, where 100 is the U.S. average) and lowest on child care and other personal services (57).

Which business types have the highest market scores in Madison County, IN?

Of the business types scored in Madison County, chiropractors (84), clothing and shoe stores (80) and spas and skin care studios (77) have the highest Groundwork market scores. For chiropractors, that ranks #22 of 1,490 scored counties.

How does Madison County, IN compare with the U.S.?

Median household income in Madison County is $63,037, 22% below the U.S. median of $80,734. The population rose 3.8% from 2020 to 2025, against +3.1% for the U.S. The median home value is $161,300, against $332,700 for the U.S. Against the U.S., map listings per household run highest for funeral homes (95% above the U.S. rate) and lowest for clothing and shoe stores (65% below the U.S. rate).

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. 51 of the 56 business types have a score in Madison County, each ranked against other counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Madison County. It maps the competitors on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

All markets in Indiana · Every U.S. market · How we measure

Screening a site or an acquisition in Madison County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Madison County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.