Groundwork

Pets · Small-town market · Indiana

Veterinarians in the Madison, IN area

The veterinarians in the Madison, IN area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score · out of 100

Score 40 out of 100: Lower middle

Ranked #270 of 398 scored small-town markets
#17 of 20 scored small-town markets based in Indiana

Listings
6
0 chain locations (0%)
Official establishments
4
Businesses with payroll, 2023
Household spending a year
$9.6M
On pets · $754 a household
Spending per listing
$1.6M
41% below the U.S.
Listings per 10k households
4.7
42% above the U.S.
Population, 2025
33,279
+0.6% since 2020

See the veterinarians around any address in the Madison area

The site report maps the veterinarians 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

Household spending on pets in the Madison area comes to about $9.6M a year: $754 per household, 17% below the U.S. average. Spread across 6 veterinarians, that is $1.6M per clinic, 41% below the U.S. figure of $2.7M. The spending figure covers all pets, not only veterinarians.

There are 6 veterinarians on map listings in the Madison area as of September 2026. None of them are chain locations, against 19% across the U.S. That comes to 4.7 for every 10,000 households, 42% above the U.S. rate of 3.3.

In 2023, official counts showed 4 businesses with payroll in the Madison area classed as veterinary services. That is one for every 3,198 households, against one for every 3,767 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%). The Groundwork market score for veterinarians in the Madison area is 40 (lower middle), #270 of 398 scored small-town markets and #17 of 20 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 pets by the veterinarians counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Veterinarians in Madison, IN area compared with Indiana and the U.S.
MeasureMadison areaIndianaU.S.
Listings per 10k households4.73.33.3
Spending per listing$1.6M$2.5M$2.7M
Households per official establishment3,1984,0363,767
Official establishment growth, 2019–2023n/a+3.5%+6.8%
Population growth, 2020–2025+0.6%+2.7%+3.1%
Spending per household on pets$754$825$909
Median household income$64,577$71,957$80,734
Groundwork market score4050

Official counts and lending

Businesses

Official establishments, 2019 to 2023
4
Employees, 2023
33
Annual payroll, 2023
$1.5M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
60 chain locations
Listings at the U.S. rate for this spending
4The 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 veterinary 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 veterinarians 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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Veterinarians across Indiana

Every Indiana market ranked →

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

Top small-town markets in Indiana

Small-town markets in Indiana ranked for veterinarians by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Seymour, IN7252.8$2.9M+1.9%#47 of 398
2Crawfordsville, IN7253.2$2.5M+2.7%#48 of 398
3Greencastle, IN7053.5$2.3M+3.2%#64 of 398
4Bedford, IN6963.1$2.4M+1.2%#71 of 398
5Auburn, IN6752.9$2.7M+2.9%#80 of 398
6Kendallville, IN6452.8$2.9M+1.0%#96 of 398
7Angola, IN6464.3$1.9M+1.0%#101 of 398
8Richmond, IN6372.6$2.7M−0.5%#102 of 398
9Huntington, IN6163.9$1.9M+1.6%#121 of 398
10Marion, IN5772.6$2.6M0.0%#145 of 398
17Madison, IN4064.7$1.6M+0.6%#270 of 398

Other business types in the Madison area

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

Questions

How many veterinarians are in the Madison, IN area?

As of September 2026, map listings count 6 veterinarians in the Madison area. None of them are chain locations. The listings count veterinary clinics and animal hospitals. Official counts show 4 businesses with payroll classed as veterinary services in 2023.

How much do households in the Madison, IN area spend on pets?

About $9.6M a year, or $754 per household. That is 17% below the U.S. average (an index of 83, where 100 is the U.S. average). Spread across the 6 veterinarians on map listings, it comes to $1.6M per clinic. That spending covers all pets, which veterinarians 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 veterinarians?

The Madison area has 4.7 veterinarians per 10,000 households, 42% above the U.S. rate of 3.3. Spending per clinic is $1.6M, 41% below the U.S. figure of $2.7M. At the U.S. ratio of veterinarians to household spending, the Madison area would have about 4, against 6 on map listings. There is one business with payroll in the industry for every 3,198 households, against one for every 3,767 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 40 for veterinarians (lower middle), #270 of 398 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 veterinarians 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 veterinarians · 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.