Income and Wages

The 2021 average wage per job for Madison County was $44,267.  The county average industry wage increased by 17.3% from 2017 to 2021. 

The industries that saw the largest 5-year wage increase were:

  • finance & insurance
  • retail trade
  • wholesale trade
  • information
  • accommodation & food services

The 2020 median family income for Madison County was $63,053 while the median household income was $51,476 according to the US Census Bureau's 2020 American Community Survey 5 Year Estimates.

Average Annual Earnings by Industry - Madison County

Industry
2017
2021
5-Year Change
5-Year % Change
All Industries 
$37,734
$44,267
$6,533
17.3%
Agriculture, Forestry, Fishing, and Hunting
 $35,350$36,964$1,614
4.6%
Mining
DD$0N/A
Construction
$51,474$61,297$9,823
19.1%
Manufacturing
$55,236
$60,110
$4,8738.8%
Wholesale Trade
$57,365
$70,289$12,924
22.5%
Retail Trade
$24,448
$30,286$5,83823.9%
Transportation & Warehousing$44,388$47,959
$3,571
8.0%
Utilities
DD0N/A
Information
$42,552
$51,965$9,413
22.1%
Finance and Insurance
$61,931$80,983$19,052
30.8%
Real Estate, Rental, and Leasing
$32,517$38,659$6,14218.9%
Professional and Technical Services
$47,004$53,079
$6,07512.9%
Mgt. of Companies
$72,062
$72,181$1190.2%
Administration and Waste Services
$26,379$27,938$1,559
5.9%
Education Services
$35,264$30,644-$4,620
-13.1%
Health Care and Social Assistance
$41,418$49,551$8,133
19.6%
Arts, Entertainment, and Recreation
$27,872
$30,955$3,082
11.1%
Accommodation and Food Services
$14,255
$17,387$3,13222.0%
Other Services
$25,193$29,967$4,774
18.9%
Federal, State & Local Government$38,206$45,125$6,919
18.1%

 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 November 2022.

 

2021 Occupational Employment Statistics Employment and Wage Report
- Anderson, Indiana Labor Shed

 Click the links below for the 2021 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 
200020052010
2015
2020
Total per capita income
$25,579
$27,578
$29,105
$35,073
$42,283
Change since 2000
 $1,999
$3,526
$9,494
$16,704
Change in % since 2000
 7.8%
13.8%
37.1%
65.3%

Source: Indiana Department of Workforce Development. Last updated November 2022.