Housing data for Madison Township (Tipton County), IN
Madison Township (Tipton County), IN has an estimated 1,296 residents and 539 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Tipton County.
6.3% of households rent.
The median gross rent is $914 a month.
Figures last updated on .
- Residents
- 1,296 (±247)
- Housing units
- 539 (±105)
- Households that rent
- 6.3%
- Median gross rent
- $914
- Residents since 2015–2019
- 0.0%
What stands out in Madison Township (Tipton County)
Households that rent: 6.3% (±6.0 points) in Madison Township (Tipton County), lower than in Tipton County (18.6%).
Households without a vehicle: 0.4% (±1.0 points) in Madison Township (Tipton County), lower than in Tipton County (2.4%).
Housing in Madison Township (Tipton County) at a glance
- Median rent: $914 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 46.7% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 6.3% of households rent (Small sample: wide margin of error)
- Income and affordability: $85,329 median household income
- Home values: $192,500 median home value
- Homeowner costs: $1,288 median monthly cost with a mortgage
- Property taxes: $1,366 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 80.1% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 70.5% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 44.2% heat with electricity
- Commute and cars: 36.3 minutes average trip to work
- Growth: 0.0% residents since 2015–2019
- How long people stay: 22.4% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 2.3% of homes have more than 1 person per room (Small sample: wide margin of error)
Madison Township (Tipton County) against Tipton County, its state and the nation
| Madison Township (Tipton County) | Tipton County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 1,296 (±247) | 15,346 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 539 (±105) | 6,845 (±29) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 6.3% (±6.0 points) | 18.6% (±3.3 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | $914 (±$580) | $842 (±$37) | $1,062 (±$5) | $1,413 |
| Median household income | $85,329 (±$35,736) | $76,156 (±$6,048) | $71,957 (±$352) | $80,734 |
| Median home value | $192,500 (±$52,844) | $174,600 (±$13,641) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $1,366 (±$341) | $1,139 (±$98) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 70.5% (±22.5 points) | 68.2% (±5.6 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 36.3 minutes (±13.3) | 28.1 minutes (±1.9) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 90.3% (±7.5 points) | 89.5% (±2.5 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 39.5 years (±5.4) | 44.4 years (±0.6) | 38.1 years (±0.2) | 38.9 years |
Madison Township (Tipton County) covers 44.6 square miles of land, about 29 residents per square mile (Census Bureau Gazetteer).
How Madison Township (Tipton County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,296 (±220) | 1,296 (±247) | 0.0% | Not a measurable change |
| Housing units | 575 (±91) | 539 (±105) | −6.3% | Not a measurable change |
| Median home value | $163,000 (±$27,946) | $192,500 (±$52,844) | +18.1% | No measurable change after inflation |
| Median household income | $83,780 (±$6,530) | $85,329 (±$35,736) | +1.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,255 (±$224) | $1,288 (±$285) | +2.6% | No measurable change after inflation |
| Median real estate taxes | $1,154 (±$122) | $1,366 (±$341) | +18.4% | No measurable change after inflation |
| Households that rent | 11.4% (±10.4 points) | 6.3% (±6.0 points) | −5.1 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±38.9 points) | 0.0% (±58.2 points) | 0.0 percentage points | Not a measurable change |
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 (Tipton County)
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 46047 | 100% | 49 | — | — | — |
| 46036 | 22% | 11,683 | $865 | $117,700 | $62,074 |
| 46076 | 16% | 1,630 | $863 | $123,400 | $73,889 |
| 46072 | 14% | 9,049 | $837 | $180,100 | $72,375 |
| 46031 | 10% | 2,456 | $1,054 | $227,900 | $76,438 |
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 (Tipton County)
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Elwood | 4.0 mi | $860 | $97,800 | 34.8% |
| Duck Creek Township | 6.2 mi | — | $173,100 | 6.2% |
| Windfall City | 6.3 mi | $869 | $88,700 | 17.6% |
| Pipe Creek Township (Madison County) | 6.4 mi | $879 | $120,600 | 27.0% |
| Wildcat Township | 6.6 mi | $796 | $112,700 | 13.1% |
| Tipton | 6.8 mi | $848 | $161,700 | 32.6% |
| Cicero Township | 7.0 mi | $846 | $170,500 | 24.9% |
| Atlanta | 7.4 mi | $1,134 | $148,400 | 14.0% |
Places in Indiana most like Madison Township (Tipton County)
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Amo | $1,000 | $168,100 | $91,250 | 8.8% |
| Liberty Township (White County) | $843 | $168,300 | $84,583 | 4.4% |
| Dudley Township | $858 | $159,400 | $83,594 | 12.9% |
| Henry Township (Fulton County) | $874 | $201,500 | $79,539 | 17.8% |
| Monroe Township (Putnam County) | $961 | $236,700 | $82,083 | 12.6% |
| Coal Creek Township | $733 | $148,100 | $85,125 | 10.2% |
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 (Tipton County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $941 | $947 | $1,239 | $1,476 | $1,628 |
HUD income limits for Madison Township (Tipton County), fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $19,000 | $31,650 | $50,650 |
| 2 people | $21,700 | $36,200 | $57,850 |
| 3 people | $27,320 | $40,700 | $65,100 |
| 4 people | $33,000 | $45,200 | $72,300 |
| 5 people | $38,680 | $48,850 | $78,100 |
| 6 people | $44,360 | $52,450 | $83,900 |
| 7 people | $50,040 | $56,050 | $89,700 |
| 8 people | $55,720 | $59,700 | $95,450 |
These are the limits HUD sets for its housing programs in the Tipton County, IN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $90,400.
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 (Tipton County)
What is the median household income in Madison Township (Tipton County)?
The median household income in Madison Township (Tipton County) is $85,329 (±$35,736) a year (2020–2024 American Community Survey).
What is the average home value in Madison Township (Tipton County), IN?
The Census Bureau publishes the median: $192,500 (±$52,844) for owner-occupied homes in Madison Township (Tipton County) (2020–2024 American Community Survey).
What is the average mortgage payment in Madison Township (Tipton County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Madison Township (Tipton County), IN is $1,288 (±$285) a month, including taxes, insurance and utilities.
How much are property taxes in Madison Township (Tipton County)?
The median real estate tax paid by homeowners in Madison Township (Tipton County), IN is $1,366 (±$341) a year (2020–2024 American Community Survey).
How many homes are in Madison Township (Tipton County)?
Madison Township (Tipton County), IN has an estimated 539 (±105) housing units, occupied and vacant (2020–2024 American Community Survey).
How old are most homes in Madison Township (Tipton County)?
70.5% of homes in Madison Township (Tipton County), IN were built before 1980 (2020–2024 American Community Survey).
Is Madison Township (Tipton County) growing?
In Madison Township (Tipton County), the number of residents went from 1,296 in 2015–2019 to 1,296 in 2020–2024 (0.0%), not a measurable change.
What ZIP codes are in Madison Township (Tipton County)?
The ZIP codes that cover Madison Township (Tipton County) are 46047, 46036, 46076, 46072, 46031.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Madison township, Tipton County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Madison township, Tipton County, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Madison township, Tipton County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Madison township, Tipton County, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Madison township, Tipton County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Madison township, Tipton County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Madison township, Tipton County, Indiana
- HUD Fair Market Rents, fiscal year 2027: Tipton County, IN HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Tipton County, IN HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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, Tipton County, Indiana (county subdivision:46116, in state:18 county:159).
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.
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 .