Madison is located in Jefferson County, Indiana. Madison has a 2025 population of 355 . It is also the county seat of Jefferson County . Madison is currently declining at a rate of 0% annually and its population has decreased by -1.93% since the most recent census, which recorded a population of 362 in 2020.
The average household income in Madison is $116,046 with a poverty rate of 1.73%. The median age in Madison is 35.3 years: 27.9 years for males, and 47.1 years for females. For every 100 females there are 125.7 males.
Data after 2023 is projected based on recent change
The racial composition of Madison includes 100% White, and smaller percentages for and multiracial populations.
White (100%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 404 | 100% |
Married
Widowed
Divorced
Separated
Never Married
Madison's average per capita income is $60,250. Household income levels show a median of $114,625. The poverty rate stands at 1.73%.
Name | Median | Mean |
|---|---|---|
| Married Families | $154,342 | - |
| Families | $153,553 | $133,219 |
| Households | $114,625 | $116,046 |
| Non Families | - | $60,146 |
Average Income
Median Household Income
Poverty Rate