Madison, IN · standard
ZIP Code 47250
Jefferson County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 21,944
- 41/sq mi Moderate-density area
- $61,284
- Median income Below-median income area
- $196,600
- Median home value Near-median home value
- 21.0%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Madison pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 31st pct
- household income, US ZIPs
- 42nd pct
- home value, US ZIPs
- 41
- people per sq mi
- 69%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47250 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 47250 (Madison, IN) rose +6.9% from 2023 to 2024. The all-transactions index moved from 217.8 in 2023 to 232.7 in 2024 (2000 = 100).
ZIP code 47250 is a densely settled ZIP (a standard USPS delivery area) in Madison, Jefferson County, Indiana, with 21,944 residents across 536.5 square miles, a density of 41 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47250 reports a modest median household income of $61,284 (17% below the average Indiana ZIP), while per-capita income is $33,728. The poverty rate is 13.1%, with unemployment at 3.3%; those measures add context to the income figure. Median home value is $196,600 (2% above the average Indiana ZIP) and median rent is $892; 69.2% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 21.0% of adults hold a bachelor's degree or higher, the median age is 43.2, and the average commute is 21 minutes. The page also surfaces 4 ZIP codes within roughly 10 miles and 4 more in Jefferson County, so 47250 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 47250
Top 5 sectors by establishment count in Madison, IN
Which industries have the most business establishments in ZIP 47250.
- Retail trade
Retail trade
97 establishments
- Health care and social assistance
Health care and social assistance
83 establishments
- Other services (except public administration)
Other services (except public administration)
72 establishments
- Accommodation and food services
Accommodation and food services
64 establishments
- Finance and insurance 38
Finance and insurance
38 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 47250, Madison, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
21,944
Population
536.5
Area (sq mi)
41
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47250?
43.2
Median Age
47.4%
Male
52.6%
Female
1.5%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$61,284
Median Household Income
-17% vs state ZIP avg
$33,728
Per Capita Income
13.1%
Poverty Rate
3.3%
Unemployment Rate
21.2 min
Mean Commute Time
How ZIP 47250 ranks among Indiana ZIPs
Madison, IN household income vs. every Indiana ZIP code
Median household income among 721 reporting Indiana ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$61,284 28th percentile higher than 28% of 721 Indiana ZIPs
Each bar is a $20K-wide band; taller bars hold more Indiana ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
10,470housing units
10,470
Total Housing Units
9,206
Occupied Units
1,264
Vacant Units
2.38
Avg Household Size
Occupancy Type
$196,600
Median Home Value
+2% vs state ZIP avg
$892
Median Rent
1972
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+6.9%
YoY Change (2024)
233
HPI Index (2000 = 100)
+133%
Total Change Since 2000
Home values in ZIP 47250 have increased 6.9% over the past year (2024). Since 2000, this ZIP has seen +133% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.4% | 153 |
| 2021 | +13.4% | 174 |
| 2022 | +16.6% | 203 |
| 2023 | +7.3% | 218 |
| 2024 | +6.9% | 233 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 573 business establishments in ZIP 47250, employing approximately 10,068 people with a combined annual payroll of $498,044,000.
573
Businesses
10,068
Employees
$498.0M
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 97 | 16.9% |
| Health care and social assistance | 83 | 14.5% |
| Other services (except public administration) | 72 | 12.6% |
| Accommodation and food services | 64 | 11.2% |
| Finance and insurance | 38 | 6.6% |
| Professional, scientific, and technical services | 37 | 6.5% |
| Manufacturing | 35 | 6.1% |
| Real estate and rental and leasing | 32 | 5.6% |
| Construction | 29 | 5.1% |
| Administrative and support and waste management and remediation services | 23 | 4.0% |
| Transportation and warehousing | 14 | 2.4% |
| Wholesale trade | 12 | 2.1% |
| Utilities | 9 | 1.6% |
| Information | 8 | 1.4% |
| Educational services | 7 | 1.2% |
| Arts, entertainment, and recreation | 7 | 1.2% |
| Management of companies and enterprises | 4 | 0.7% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 47250 vs 40045 →
ZIP 47250 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47250
Madison (47250)
21,944 residents
- 47243 5,951
Hanover (47243)
5,951 residents
- 40045 3,451
Milton (40045)
3,451 residents
- 47231 1,167
Dupont (47231)
1,167 residents
- 47224 636
Canaan (47224)
636 residents
What this shows Among its immediate neighbors, ZIP 47250 ranks the most populous - useful context the national average alone can't give.
ZIP 47250 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 40045
Milton (40045)
$76,607 median income
- 47243
Hanover (47243)
$65,197 median income
- 47224
Canaan (47224)
$61,618 median income
- 47250
Madison (47250)
$61,284 median income
- 47231
Dupont (47231)
$42,332 median income
What this shows By household income, ZIP 47250 ranks #4 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 47250, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (21,944 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Jefferson County
Related Areas
Frequently Asked Questions
What county is ZIP code 47250 in?
ZIP code 47250 (Madison) is located in Jefferson County, Indiana. Jefferson County contains multiple ZIP codes, see the full list at /counties/jefferson-in.
What is the population of ZIP code 47250?
ZIP code 47250 in Madison, IN has a population of 21,944 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47250?
The median household income in ZIP 47250 is $61,284, which is 20% below the national average of $76,288.
What is the average home value in ZIP 47250?
The median home value in ZIP 47250 is $196,600, which is 29% below the national average of $278,155.
What is the demographic makeup of ZIP 47250?
The largest racial group in ZIP 47250 is White at 92.0%. Hispanic or Latino residents make up 3.7% of the population.
How many businesses are in ZIP code 47250?
ZIP code 47250 has 573 business establishments employing approximately 10,068 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47250?
The top industries by establishment count in ZIP 47250 are: Retail trade (97), Health care and social assistance (83), Other services (except public administration) (72). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 47250?
According to the FHFA House Price Index, home values in ZIP 47250 increased by 6.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 133%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 47250?
In ZIP code 47250, 57.6% of residents aged 25+ have a high school diploma or higher, and 21.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 47250?
The mean commute time for workers in ZIP code 47250 is 21.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47250?
In ZIP code 47250, approximately 69.2% of occupied housing units are owner-occupied and 30.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47250?
The poverty rate in ZIP code 47250 is 13.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 47250's numbers, next.
- See how ZIP 47250 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Madison, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.