Market insights · Indiana
Madison County, IN: growth, migration and housing
Madison County has 135,088 residents, up 3.8% since 2020 (+1.1% in the last year). In 2022–2023, 3,612 households moved in and 3,192 moved out (+420 net), bringing in a net $30.7M of income. Median household income is $63,037, the median home $161,300 and median rent $939 a month.
In Indiana: 11th of 92 counties for 5-year population growth · 9th of 92 counties for net in-migration (per resident) · 69th of 92 counties for median household income · 64th of 92 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Madison County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Hamilton County, IN | 773 | $50.8M |
| Marion County, IN | 624 | $29.4M |
| Delaware County, IN | 338 | $14.0M |
| Hancock County, IN | 203 | $11.8M |
| Henry County, IN | 150 | $7.3M |
| Grant County, IN | 84 | $3.2M |
| Tipton County, IN | 55 | $2.6M |
| Howard County, IN | 51 | $2.4M |
Where leavers went
Top counties by households leaving Madison County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Hamilton County, IN | 424 | $26.0M |
| Marion County, IN | 416 | $16.8M |
| Delaware County, IN | 397 | $16.7M |
| Hancock County, IN | 188 | $12.6M |
| Henry County, IN | 151 | $6.8M |
| Grant County, IN | 109 | $4.3M |
| Howard County, IN | 52 | $2.2M |
| Johnson County, IN | 52 | $2.4M |
BizyFi in Madison County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.