Economy & Jobs — Madison County, Indiana

Employment

Total Establishments2,342
Total Employees34,031
Avg Annual Employment40,192
Avg Annual Pay$49,965
Total Annual Wages$2,008,223,650
Annual Payroll (thousands)$1,526,072
Unemployment Rate5.5%

Income

Median Household Income$60,060
Poverty Rate14.1%
IRS Returns61,680
Total AGI (thousands)$3,673,623
Average AGI per Return$59,559

Federal Spending

Total FY2024$835,850,110
Per Capita$6,423
Population Basis130,129

Agriculture

Total Farms682
Land in Farms (acres)11,014
Avg Farm Size (acres)16.10
Year2,022

Dining & Food Establishments

Full-service Restaurants87
Fast Food80
Bars16
Coffee & Snacks19