Income and Wages

The 2019 average wage per job for Madison County was $40,175.  The county average industry wage increased by $4,226 or 11.8% from 2015 to 2019. 

The industries that saw the largest 5-year wage increase were:
  • finance & insurance
  • construction
  • retail trade
  • wholesale trade
  • accommodation & food services
The 2019 median family income for Madison County was $61,629 while the median household income was $49,522 according to the US Census Bureau's 2019 American Community Survey 5 Year Estimates.

Average Annual Earnings by Industry - Madison County


Industry
2015
2019
5-Year Change
5-Year % Change
All Industries
$35,949
$40,175
$4,226
11.8%
Agriculture, Forestry, Fishing, and Hunting
 $34,636 $38,787 $4,151
12.0%
Mining
D D $0 N/A
Construction
$48,339 $56800 $8,461
17.5%
Manufacturing
$55,316
$57,364
$2,048 3.7%
Wholesale Trade
$51,164
$59,026 $7,863
15.4%
Retail Trade
$22,663
$26,426 $3,763 16.6%
Transportation & Warehousing $41,714 $45,720
$4,005
9.6%
Utilities
D D 0 N/A
Information
$42,269
$45,252 $2,982
7.1%
Finance and Insurance
$55,179 $64,771 $9,592
17.4%
Real Estate, Rental, and Leasing
$29,812 $32,323 $2,511 8.4%
Professional and Technical Services
$41,615 $47,163
$5,548 13.3%
Mgt. of Companies
$118,572
$76,946 -$41,626 -35.1%
Administration and Waste Services
$23,838 $27,264 $3,426
14.4%
Education Services
$33,736 $35,779 $2,043
6.1%
Health Care and Social Assistance
$40,246 $43,672 $3,427
8.5%
Arts, Entertainment, and Recreation
$28,033
$29,301 $1,268
4.5%
Accommodation and Food Services
$13,599
$15,513 $1,914 14.1%
Other Services
$23,566 $26,046 $2,480
10.5%
Federal, State & Local Government $36,530 $40,389 $3,859
10.6%

D = Non-disclosable in compliance with the Bureau of Labor Statistics and/or State of Indiana confidentiality guidelines. Source: Indiana Department of Workforce Development.

Source: Indiana Department of Workforce Development.  Last updated August 2021.


2020 Occupational Employment Statistics Employment and Wage Report
- Anderson, Indiana Labor Shed



Click the links below for the 2020 Occupational Employment Statistics (OES) Employment and Wage Report for all published occupations in the Anderson, Indiana labor shed.  

Indiana Economic Growth Region 5
Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Morgan, and Shelby Counties
  EDR 5 Map

Indianapolis-Carmel-Anderson MSA
Boone, Brown, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Morgan, Putnam and Shelby Counties
IND-CML-AND MSA Map

Muncie MSA
Delaware County
Muncie MSA Map

Source: Indiana Department of Workforce Development.  Last updated August 2021.


Per Capita Income Over Time


Capita Information
1999
2004 2009
2014
2019
Total per capita income
$24,034
$27,179
$28,756
$33,806
$39,428
Change since 1999
  $3,145
$4,722
$9,772
$15,394
Change in % since 1999
  13.1%
19.6%
40.7%
64.1%

Source: Indiana Department of Workforce Development. Last updated August 2021.