Madison Indiana Real Estate
Madison, Indiana, is located in Jefferson County, 40 miles NE of Louisville, Kentucky and 82 miles SE of Indianapolis, Indiana. Madison has a population of 12,004.
Madison Homes
Madison properties pool is 5,121 residential properties including Madison new homes. Median age of real estate in Madison is 1962. Average Household size is 2.83 people. 5% are one bedroom homes, 20% are 2 bedroom homes, 54% are 3 bedroom homes, 18% are 4 bedroom homes, and 3% are 5+ bedroom homes.
Madison Mortgage Statistics
Madison mortgages vs. USA median statistics
| Homes |
Madison |
USA |
| Homes With No Mortgage |
37% |
30% |
| Homes With Mortgage |
63% |
70% |
| First Mortgage Only |
44% |
54% |
| First & Second Mortgage or HELOC |
19% |
16% |
Madison Area Real Estate Tax
Madison Real estate Tax: Median Real Estate Taxes (2000) were $738 comparing to 1999 Median Family income $ 46,241. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Madison School District: Children make up 21.5% of Madison population. Madison has 2,585 under 18 years old residents, or 0.47 kids per one worker, or 0.5 kids per one household.
Madison Real Estate & Madison Homeownership
There are 1689.93 or 33% one person households, 1843.56 or 36% two person households, and 716.94 or 14% three person households in Madison, Indiana. Median residents age is 39.8, Senior citizens (65+) make up 2,058 or 17.1%% of Madison population.
There are 5,543 workers (over 16 years of age) in Madison. Of these, 92.48% drive to work. Approximately 1.14% of workers in Madison take public transportation. An estimated 3.27% walk to work.
Median Madison homeowner's housing expences are 15.1%
Crime in Madison (2003), crimes per 10,000 residents per year
| Type of Crime |
Madison |
USA, 2003 |
| Violent Crimes |
21.66 |
47.5 |
| Robberies |
1.67 |
14.2 |
| Aggravated Assaults |
19.99 |
29.5 |
| Property Crimes |
319.89 |
358.8 |
| Burglaries |
94.14 |
74.0 |
| Larceny-Thefts |
203.27 |
241.5 |
| Motor Vehicle Thefts |
22.49 |
43.3 |
Invest in Madison Properties
When making a decision about buying real estate in Madison Indiana area, you should consider following statistical data:
| Category |
Madison |
USA |
| Near Medium City |
Louisville, Kentucky |
- |
| Near Large City |
Indianapolis, Indiana |
- |
| Madison Zip Codes |
47250 |
- |
| Madison Area Codes |
812 |
- |
| White population |
94.61% |
75.1% |
| African-American population |
2.43% |
12.3% |
| Asian |
0.83% |
3.6% |
| American Indian & Alaskan |
0.19% |
0.9% |
| Hispanic (of any race) |
1.36% |
12.5% |
| Median Family Income (1999) |
$ 46,241% |
$42,000 |
| Population Below Poverty Level |
11.63% |
12.4% |
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