Housing data for Madison Township (Jefferson County), IN

Madison Township (Jefferson County), IN has an estimated 17,956 residents and 8,360 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Jefferson County.

34.1% of households rent.

The median gross rent is $870 a month.

Its population grew measurably since 2015–2019 (+3.7%).

Figures last updated on .

Residents
17,956 (±28)
Housing units
8,360 (±285)
Households that rent
34.1%
Median gross rent
$870
Residents since 2015–2019
+3.7%

What stands out in Madison Township (Jefferson County)

Households that rent: 34.1% (±4.8 points) in Madison Township (Jefferson County), higher than in Jefferson County (28.2%).

Homes heated by fuel oil: 0.1% (±0.2 points) in Madison Township (Jefferson County), lower than in Jefferson County (1.2%).

Housing in Madison Township (Jefferson County) at a glance

Madison Township (Jefferson County) against Jefferson County, its state and the nation

Estimate (90% margin of error)
Madison Township (Jefferson County)Jefferson CountyIndianaUnited States
Residents17,956 (±28)32,998 (exact)6,851,073 (exact)334,922,499
Housing units8,360 (±285)14,517 (±30)2,976,568 (±617)143,775,355
Households that rent34.1% (±4.8 points)28.2% (±3.4 points)29.4% (±0.3 points)34.8%
Median gross rent$870 (±$60)$890 (±$52)$1,062 (±$5)$1,413
Median household income$61,237 (±$4,756)$64,577 (±$5,301)$71,957 (±$352)$80,734
Median home value$191,900 (±$12,324)$194,600 (±$9,710)$218,200 (±$739)$332,700
Median real estate taxes (a year)$1,272 (±$90)$1,252 (±$69)$1,614 (±$9)$3,119
Built before 198067.4% (±6.9 points)64.6% (±4.9 points)55.0% (±0.3 points)49.7%
Average commute20.3 minutes (±2.1)22.2 minutes (±1.5)24.1 minutes (±0.1)26.4 minutes
Households with broadband88.8% (±3.3 points)86.9% (±2.1 points)89.9% (±0.2 points)91.0%
Median age of residents43.1 years (±1.7)41.8 years (±0.9)38.1 years (±0.2)38.9 years

Madison Township (Jefferson County) covers 57.4 square miles of land, about 313 residents per square mile (Census Bureau Gazetteer).

How Madison Township (Jefferson County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents17,311 (±44)17,956 (±28)+3.7%Measurable increase
Housing units8,227 (±311)8,360 (±285)+1.6%Not a measurable change
Median gross rent$717 (±$44)$870 (±$60)+21.3%No measurable change after inflation
Median home value$133,300 (±$9,180)$191,900 (±$12,324)+44.0%Up after inflation
Median household income$43,671 (±$4,423)$61,237 (±$4,756)+40.2%Up after inflation
Median owner cost with a mortgage$1,146 (±$71)$1,234 (±$94)+7.7%Down after inflation
Median real estate taxes$1,013 (±$95)$1,272 (±$90)+25.6%No measurable change after inflation
Households that rent35.2% (±3.6 points)34.1% (±4.8 points)−1.1 percentage pointsNot a measurable change
Rental vacancy rate7.3% (±5.1 points)0.0% (±1.5 points)−7.3 percentage pointsMeasurable decrease

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

ZIP codes in Madison Township (Jefferson County)

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4725027%22,884$892$196,600$61,284

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Madison Township (Jefferson County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Madison1.8 mi$820$203,10037.9%
Milton4.1 mi$763$156,70040.7%
Monroe Township (Jefferson County)5.4 mi—$304,50046.9%
Hanover6.9 mi$900$138,70036.1%
Smyrna Township7.0 mi——7.6%
Milton Township7.1 mi$1,043$240,80029.5%
Shelby Township (Jefferson County)7.8 mi—$182,80011.9%
Hanover Township (Jefferson County)7.9 mi$950$186,30027.0%

Places in Indiana most like Madison Township (Jefferson County)

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Washington Township (Daviess County)$856$164,100$58,63037.6%
Center Township (LaPorte County)$935$191,800$68,14232.6%
Bremen$933$211,700$68,42934.1%
Washington Township (Decatur County)$859$199,400$63,98933.3%
Madison$820$203,100$61,18337.9%
Marion Township (Jasper County)$944$167,500$62,25232.7%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.

HUD Fair Market Rent for Madison Township (Jefferson County), fiscal year 2027

Jefferson County, IN, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$752$862$1,041$1,313$1,636

HUD income limits for Madison Township (Jefferson County), fiscal year 2026

Jefferson County, IN, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$17,850$29,700$47,500
2 people$21,640$33,950$54,300
3 people$27,320$38,200$61,100
4 people$33,000$42,400$67,850
5 people$38,680$45,800$73,300
6 people$44,360$49,200$78,750
7 people$50,040$52,600$84,150
8 people$55,720$56,000$89,600

These are the limits HUD sets for its housing programs in the Jefferson County, IN, where HUD’s median family income for fiscal year 2026 is $83,700.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Madison Township (Jefferson County)

What is the average rent in Madison Township (Jefferson County), IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Madison Township (Jefferson County) is $870 (±$60) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Madison Township (Jefferson County)?

The median gross rent for a one-bedroom home in Madison Township (Jefferson County), IN is $559 (±$242) a month (2020–2024 American Community Survey).

Are renters in Madison Township (Jefferson County) rent-burdened?

37.8% of renting households in Madison Township (Jefferson County) pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Madison Township (Jefferson County)?

Madison Township (Jefferson County) has an estimated 2,502 (±400) renting households, 34.1% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Madison Township (Jefferson County)?

The median household income in Madison Township (Jefferson County) is $61,237 (±$4,756) a year (2020–2024 American Community Survey).

What is the average home value in Madison Township (Jefferson County), IN?

The Census Bureau publishes the median: $191,900 (±$12,324) for owner-occupied homes in Madison Township (Jefferson County) (2020–2024 American Community Survey).

Is Madison Township (Jefferson County) growing?

In Madison Township (Jefferson County), the number of residents went from 17,311 in 2015–2019 to 17,956 in 2020–2024 (+3.7%), a measurable increase.

What ZIP codes are in Madison Township (Jefferson County)?

The ZIP code that covers Madison Township (Jefferson County) is 47250.

What is the median rent in ZIP code 47250?

The median gross rent in ZIP Code Tabulation Area 47250 is $892 (±$60) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Madison township, Jefferson County, Indiana (county subdivision:46008, in state:18 county:077).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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