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Madison County, IN Highlights

Earnings and Income

Industry employment is tabulated as jobs by place-of-work. Keep in mind that people may hold multiple jobs and that each job is counted by its industry. Note: The income figures and changes are not adjusted for inflation.

Average Annual Earnings by Industry
 201920235 Year
5 Year
% Change
All Industries$40,175$47,682$7,50618.7%
  Ag., For., Fishing, & Hunt.$38,787$47,419$8,63122.3%
  MiningDD$130,213N/A
  Construction$56,800$67,961$11,16119.7%
  Manufacturing$57,364$64,147$6,78311.8%
  Wholesale Trade$59,026$74,233$15,20725.8%
  Retail Trade$26,426$32,328$5,90222.3%
  Trans. & Warehousing$45,720$54,323$8,60318.8%
  UtilitiesD$87,158$87,158N/A
  Information$45,252$59,110$13,85830.6%
  Finance & Insurance$64,771$75,548$10,77716.6%
  Real Est., Rent., Leasing$32,323$45,205$12,88139.9%
  Prof. & Tech. Svcs.$47,163$62,287$15,12332.1%
  Mgt.of Companies$76,946$70,622-$6,324-8.2%
  Admin. & Waste Svcs.$27,264$33,724$6,46023.7%
  Education Svcs.$35,779$28,240-$7,539-21.1%
  Health Care & Social Assist.$43,672$53,421$9,74822.3%
  Arts, Ent. &, Rec.$29,301$33,971$4,67015.9%
  Accom. & Food Svcs.$15,513$19,877$4,36428.1%
  Other Svcs.$26,046$31,751$5,70621.9%
  Fed.l, State & Local Govt.$40,389$49,789$9,40023.3%
graph
Note: Total employment represents the sum of total private sector and total government sector employment. State and local government schools and hospitals are included in the government total. Sectors may not sum to the total (or agree with BLS published total employment) due to suppression issues. D = non-disclosable in compliance with the Bureau of Labor Statistics and/or State of Indiana confidentiality guidelines. Source: Bureau of Labor Statistics & Indiana Department of Workforce Development, as of July 2024.
Per Capita Income Over Time
 20032008201320182023
Total Per Capita Income$26,818$29,266$31,999$37,437$48,479
Change Since 2003 $2,448$5,181$10,619$21,661
Pct. Change Since 2003 9.1%19.3%39.6%80.8%
graph
Source: Bureau of Economic Analysis
Income & Wage
 Number
Median family income in 2023 (ACS)$77,416
Median household income in 2023 (ACS)$62,632
Average Wage Per Job in 2024 (BLS)$49,970
    Wage Growth since 2019 (BLS)24.4%
Source: US Census Bureau, ACS 5 Year Estimates & Bureau of Labor Statistics