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Madison County Housing

 
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As of 2010-2014, median price of a house in Madison County is $91,200, which is lower than the state average of $122,700 and is much lower than the national average of $175,700. The Madison County median house value has grown by 11.76% since 2000. The growth rate for the price of a house in Madison County is lower than the state average rate of 30.12% and is lower than the national average rate of 46.91%. The median year that a house in Madison County was built is 1964, which is older than the median year for a house built in the state which is 1972 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 35,423 Owner Occupied Houses in Madison County, #71
Madison County
91,200 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #88
Madison County
11.76%
Indiana
30.12%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Madison CountyIndianaU.S.
Total Housing Units58,909, see rank, 100%2,811,617132,741,033
Occupied Housing Units51,232, 86.97%, see rank88.64%87.55%
Owner Occupied35,423, 60.13%, see rank61.56%56.34%
Renter Occupied15,809, 26.84%, see rank27.07%31.21%
Vacant Housing Units7,677, 13.03%, see rank11.36%12.45%
For Rent1,699, 2.88%, see rank2.40%2.34%
For Sale Only1,094, 1.86%, see rank1.47%1.20%
Rented or Sold, Not Occupied328, 0.56%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use276, 0.47%, see rank1.64%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant4,280, 7.27%, see rank4.59%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #68
Madison CountyIndianaU.S.
196419721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Madison County%IndianaU.S.
Owner-Occupied Units35,423100%1,730,95474,787,460
With a Mortgage23,05265.08%, see rank68.12%65.58%
Without a Mortgage12,37134.92%, see rank31.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Madison County
1,004 USD
Indiana
1,119 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMadison County%IndianaU.S.
$299 or Less480.21%, see rank0.35%0.20%
$300 to $4999964.32%, see rank3.15%1.59%
$500 to $6993,09913.44%, see rank9.90%5.01%
$700 to $9997,29831.66%, see rank26.58%14.32%
$1,000 to $1,4998,30836.04%, see rank35.46%27.90%
$1,500 to $1,9992,1419.29%, see rank14.79%20.35%
$2,000 to $2,9999684.20%, see rank7.60%19.52%
$3,000 or More1940.84%, see rank2.17%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Madison County
19.90% of the Total Income
Indiana
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Madison County%IndianaU.S.
10% or Less1,6237.04%, see rank7.60%5.86%
10% to 20%9,92643.06%, see rank41.01%31.95%
20% to 30%5,83225.30%, see rank26.38%27.64%
30% to 40%2,70111.72%, see rank10.90%13.74%
40% or More2,91012.62%, see rank13.68%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Madison County
364 USD
Indiana
375 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMadison County%IndianaU.S.
$199 or Less1,0078.14%, see rank8.65%7.76%
$200 to $2992,84022.96%, see rank22.03%14.70%
$300 to $4996,06449.02%, see rank44.41%34.63%
$500 to $6991,86615.08%, see rank17.12%21.16%
$700 or More5944.80%, see rank7.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Madison County
11.80% of the Total Income
Indiana
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Madison County%IndianaU.S.
10% or Less5,12241.40%, see rank45.90%40.19%
10% to 20%4,16933.70%, see rank31.56%31.47%
20% to 30%1,31210.61%, see rank10.56%12.24%
30% to 40%5974.83%, see rank4.39%5.64%
40% or More9267.49%, see rank6.50%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Madison CountyIndianaU.S.
Total Housing Units58,909, 100%2,811,617132,741,033
1-unit, Detached45,400, 77.07%, see rank72.70%61.65%
1-unit, Attached1,199, 2.04%, see rank3.65%5.82%
2 Units2,617, 4.44%, see rank2.59%3.75%
3 or 4 Units2,439, 4.14%, see rank3.58%4.43%
5 to 9 Units1,589, 2.70%, see rank4.55%4.78%
10 or More Units2,492, 4.23%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.3,173, 5.39%, see rank5.11%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Madison CountyIndianaU.S.
Total Housing Units58,909, 100%2,811,617132,741,033
1 Room694, 1.18%, see rank1.26%1.95%
2 Rooms441, 0.75%, see rank1.46%2.48%
3 Rooms3,592, 6.10%, see rank6.64%9.13%
4 Rooms8,766, 14.88%, see rank14.31%16.60%
5 Rooms14,011, 23.78%, see rank21.67%20.41%
6 Rooms14,004, 23.77%, see rank20.12%18.06%
7 Rooms7,916, 13.44%, see rank13.67%12.27%
8 Rooms4,632, 7.86%, see rank9.17%8.48%
9 Rooms or More4,853, 8.24%, see rank11.69%10.60%
Median Rooms5.60, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Madison CountyIndianaU.S.
Total Housing Units58,909, 100%2,811,617132,741,033
No Bedroom741, 1.26%, see rank1.38%2.17%
1 Bedroom4,928, 8.37%, see rank9.26%11.16%
2 Bedrooms17,797, 30.21%, see rank26.57%26.69%
3 Bedrooms27,397, 46.51%, see rank44.05%39.70%
4 Bedrooms6,985, 11.86%, see rank15.33%16.05%
5 or More Bedrooms1,061, 1.80%, see rank3.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Madison CountyIndianaU.S.
Total Housing Units51,232, 100%2,492,183116,211,092
Utility Gas34,303, 66.96%, see rank61.00%48.85%
Bottled, Tank, or LP Gas2,072, 4.04%, see rank7.17%4.86%
Electricity13,218, 25.80%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.506, 0.99%, see rank0.96%5.86%
Coal or Coke8, 0.02%, see rank0.14%0.12%
Wood844, 1.65%, see rank2.21%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel189, 0.37%, see rank0.46%0.47%
No Fuel Used92, 0.18%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMadison CountyIndianaU.S.
Occupied Units Paying Rent14,710, 100%716,46139,201,928
$199 or Less236, 1.60%, see rank1.90%1.50%
$200 to $299661, 4.49%, see rank3.46%3.18%
$300 to $4991,863, 12.66%, see rank10.51%7.37%
$500 to $6994,606, 31.31%, see rank27.49%16.01%
$700 to $9995,547, 37.71%, see rank37.65%29.17%
$1,000 to $1,4991,628, 11.07%, see rank15.48%26.88%
$1,500 to $1,99954, 0.37%, see rank2.39%9.79%
$2,000 or More115, 0.78%, see rank1.13%6.10%
Median$700, see rank$741$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Madison CountyIndianaU.S.
Occupied Housing Units51,232, 100%2,492,183116,211,092
No Vehicles Available4,300, 8.39%, see rank6.86%9.12%
1 Vehicles Available17,762, 34.67%, see rank32.87%33.80%
2 Vehicles Available18,887, 36.87%, see rank38.90%37.48%
3 or More Vehicles Available10,283, 20.07%, see rank21.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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