Groundwork

Health care · Small-town market · Indiana

Physical therapy clinics in the Madison, IN area

Competitor counts, household spending and official business counts for physical therapy clinics in the Madison, IN area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 61 out of 100: Upper middle

Ranked #120 of 400 scored small-town markets
#10 of 15 scored small-town markets based in Indiana

Listings
5
1 chain location (20%)
Official establishments
5
Businesses with payroll, 2023
Household spending a year
$16.7M
On medical and dental services · $1,302 a household
Spending per listing
$3.3M
39% above the U.S.
Listings per 10k households
3.9
28% below the U.S.
Population, 2025
33,279
+0.6% since 2020

See the physical therapy clinics around any address in the Madison area

The site report maps the physical therapy clinics on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Madison area. 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

At $1,302 per household (in line with the U.S. average), households in the Madison area spend about $16.7M a year on medical and dental services. That works out to $3.3M per clinic, 39% above the U.S. figure of $2.4M. The spending figure covers all medical and dental services, not only physical therapy clinics.

There are 5 physical therapy clinics on map listings in the Madison area as of September 2026. One of them (20%) is a chain location, against 23% across the U.S. Per 10,000 households, that is 3.9, 28% below the U.S. rate of 5.4.

Official counts show 5 businesses with payroll classed as physical, occupational and speech therapists in the Madison area in 2023. That is one for every 2,558 households, against one for every 2,482 across the U.S.

Population estimates put the population change in the Madison area from 2020 to 2025 at +0.6%, slower than the U.S. (+3.1%). For physical therapy clinics, the Madison area has a Groundwork market score of 61 (upper middle): #120 of 400 scored small-town markets and #10 of 15 scored small-town markets based in Indiana.

How the Madison area compares

The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all medical and dental services by the physical therapy clinics counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Physical therapy in Madison, IN area compared with Indiana and the U.S.
MeasureMadison areaIndianaU.S.
Listings per 10k households3.94.45.4
Spending per listing$3.3M$3.2M$2.4M
Households per official establishment2,5582,8232,482
Official establishment growth, 2019–2023n/a+35.7%+23.1%
Population growth, 2020–2025+0.6%+2.7%+3.1%
Spending per household on medical and dental services$1,302$1,390$1,288
Median household income$64,577$71,957$80,734
Groundwork market score6175

Official counts and lending

Businesses

Official establishments, 2019 to 2023
5
Employees, 2023
40
Annual payroll, 2023
$2.8M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
51 chain location
Listings at the U.S. rate for this spending
7The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as physical, occupational and speech therapists in the Madison area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Madison area

Population, 2025 estimate
33,279+0.6% since 2020
Households
12,790
Median age
41.5
Homes lived in by their owners
72%
Vehicles per household
2.1
Land area
361 sq. mi.
People per square mile
91
Median household income
$64,577+22.5% vs. 2015–2019, before inflation
Average household income
$82,160
Median home value
$194,600
Jobs located here
12,163
Daytime population
31,641Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Madison area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the physical therapy clinics on map listings by name and distance.

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

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Physical therapy across Indiana

Every Indiana market ranked →

The highest-scoring small-town markets in Indiana for physical therapy clinics, numbered among those based in Indiana, with the Madison area marked.

Top small-town markets in Indiana

Small-town markets in Indiana ranked for physical therapy clinics by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Auburn, IN8852.9$4.7M+2.9%#2 of 400
2Warsaw, IN8751.6$8.9M+0.9%#3 of 400
3Plymouth, IN8452.8$4.8M+1.2%#8 of 400
4Angola, IN8053.6$3.9M+1.0%#18 of 400
5Kendallville, IN7963.3$4.1M+1.0%#22 of 400
6Seymour, IN7752.8$4.9M+1.9%#28 of 400
7Washington, IN7454.2$3.1M+2.5%#40 of 400
8Crawfordsville, IN7353.2$4.2M+2.7%#42 of 400
9Richmond, IN7083.0$4.2M−0.5%#54 of 400
10Madison, IN6153.9$3.3M+0.6%#120 of 400

Other business types in the Madison area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many physical therapy clinics are in the Madison, IN area?

As of September 2026, map listings count 5 physical therapy clinics in the Madison area. One of them (20%) is a chain location. The listings count physical therapy and rehabilitation clinics. Official counts show 5 businesses with payroll classed as physical, occupational and speech therapists in 2023.

How much do households in the Madison, IN area spend on medical and dental services?

About $16.7M a year, or $1,302 per household. That is in line with the U.S. average (an index of 101, where 100 is the U.S. average). Spread across the 5 physical therapy clinics on map listings, it comes to $3.3M per clinic. That spending covers all medical and dental services, which physical therapy clinics share with other businesses in the trade. It is estimated from the incomes of the 12,790 households in the Madison area and national spending patterns by income.

How does the Madison, IN area compare with the U.S. for physical therapy clinics?

The Madison area has 3.9 physical therapy clinics per 10,000 households, 28% below the U.S. rate of 5.4. Spending per clinic is $3.3M, 39% above the U.S. figure of $2.4M. At the U.S. ratio of physical therapy clinics to household spending, the Madison area would have about 7, against 5 on map listings. There is one business with payroll in the industry for every 2,558 households, against one for every 2,482 across the U.S.

How fast is the Madison, IN area growing?

Population estimates put the Madison area at 33,279 people in 2025, up 0.6% since 2020, slower than the U.S. (+3.1%). It has 12,790 households. Median household income in the Madison area is $64,577, 20% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 22.5%, before inflation.

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. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. 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. The Madison area scores 61 for physical therapy clinics (upper middle), #120 of 400 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Madison area. It maps the physical therapy clinics 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.

How the score works · Top markets for physical therapy clinics · All 56 business types in the Madison area

Screening a site or an acquisition in the Madison area?

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 the Madison area. 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.