Groundwork

Beauty and personal care · Small-town market · Indiana

Spas and skin care studios in the Madison, IN area

Competitor counts, household spending and official business counts for spas and skin care studios in the Madison, IN area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 39 out of 100: Lower middle

Ranked #380 of 504 scored small-town markets
#23 of 24 scored small-town markets based in Indiana

Listings
14
3 chain locations (21%)
Official establishments
n/a
Fewer than 3, or not published
Household spending a year
$11.6M
On personal care products and services · $907 a household
Spending per listing
$829K
5% below the U.S.
Listings per 10k households
10.9
5% below the U.S.
Population, 2025
33,279
+0.6% since 2020

See the spas and skin care studios around any address in the Madison area

The site report maps the spas and skin care studios 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.

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

What this means

For spas and skin care studios, the Madison area has a Groundwork market score of 39 (lower middle): #380 of 504 scored small-town markets and #23 of 24 scored small-town markets based in Indiana. That puts it in the bottom quarter of small-town markets.

As of September 2026, map listings count 14 spas and skin care studios in the Madison area. Chain locations make up 21% of them, against 10% across the U.S. That comes to 10.9 for every 10,000 households, 5% below the U.S. rate of 11.5.

Household spending on personal care products and services in the Madison area comes to about $11.6M a year: $907 per household, 10% below the U.S. average. That is about $829K of household spending for each studio on map listings, 5% below the U.S. figure of $876K. That spending covers all personal care products and services, which spas and skin care studios share with other businesses in the trade.

There is no official count of businesses with payroll classed as other personal care services in the Madison area: counts under 3 aren’t published. Population estimates put the population change in the Madison area from 2020 to 2025 at +0.6%, slower than the U.S. (+3.1%).

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 personal care products and services by the spas and skin care studios counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Spas and skin care in Madison, IN area compared with Indiana and the U.S.
MeasureMadison areaIndianaU.S.
Listings per 10k households10.98.911.5
Spending per listing$829K$1.1M$876K
Households per official establishmentn/a4,9384,055
Official establishment growth, 2019–2023n/a+20.1%+29.8%
Population growth, 2020–2025+0.6%+2.7%+3.1%
Spending per household on personal care products and services$907$971$1,005
Median household income$64,577$71,957$80,734
Groundwork market score3958

Official counts and lending

Businesses

Official establishments, 2019 to 2023
n/a
Employees, 2023
n/a
Annual payroll, 2023
n/a
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
143 chain locations
Listings at the U.S. rate for this spending
13The 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 other personal care services 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 spas and skin care studios 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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Spas and skin care across Indiana

Every Indiana market ranked →

The highest-scoring small-town markets in Indiana for spas and skin care studios, numbered among those based in Indiana, with the Madison area marked.

Top small-town markets in Indiana

Small-town markets in Indiana ranked for spas and skin care studios by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Greencastle, IN8664.2$2.3M+3.2%#7 of 504
2Plymouth, IN8073.9$2.4M+1.2%#13 of 504
3Auburn, IN78105.8$1.6M+2.9%#16 of 504
4Kendallville, IN7784.4$2.1M+1.0%#19 of 504
5Monticello, IN7654.9$1.9M+2.0%#21 of 504
6Crawfordsville, IN74106.4$1.5M+2.7%#32 of 504
7Warsaw, IN74237.2$1.4M+0.9%#33 of 504
8Frankfort, IN7264.8$1.9M+0.4%#45 of 504
9Bedford, IN69105.2$1.7M+1.2%#67 of 504
10Logansport, IN6753.3$2.6M+0.1%#77 of 504
23Madison, IN391410.9$829K+0.6%#380 of 504

Other business types in the Madison area

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

Questions

How many spas and skin care studios are in the Madison, IN area?

The Madison area has 14 spas and skin care studios on map listings as of September 2026. 3 of them (21%) are chain locations. The listings count spas, skin care, waxing, lash and tanning studios. No official count is published for other personal care services in the Madison area: counts under 3 are left out.

How much do households in the Madison, IN area spend on personal care products and services?

About $11.6M a year, or $907 per household. That is 10% below the U.S. average (an index of 90, where 100 is the U.S. average). Spread across the 14 spas and skin care studios on map listings, it comes to $829K per studio. The spending figure covers all personal care products and services, not only spas and skin care studios. 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 spas and skin care studios?

The Madison area has 10.9 spas and skin care studios per 10,000 households, 5% below the U.S. rate of 11.5. Spending per studio is $829K, 5% below the U.S. figure of $876K. At the national ratio of spas and skin care studios to household spending, the Madison area would have about 13, against 14 on map listings.

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 39 for spas and skin care studios (lower middle), #380 of 504 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 spas and skin care studios 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 spas and skin care studios · 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.