Income and Wages

The 2018 average wage per job for Madison County was $39,335. The county average industry wage increased by $4,534 or 11.5% from 2014 to 2018. 

The industries that saw the largest 5-year wage increase were:
  • finance & insurance
  • wholesale trade
  • arts, entertainment & recreation
  • construction
  • real estate, rental & leasing
The 2017 median family income for Madison County was $56,814 while the median household income was $45,432 according to the US Census Bureau's 2013-2017 American Community Survey 5 Year Estimates.

Average Annual Earnings by Industry - Madison County


Industry
2014
2018
5-Year Change
5-Year % Change
All Industries
$34,801
$39,335
$4,534
13.0%
Agriculture, Forestry, Fishing, and Hunting
 $32,792 $37,081 $4,288
13.1%
Mining
D D $0 N/A
Construction
$45,086 $53,862 $8,056
17.6%
Manufacturing
$53,392
$56,683
$3,291 6.2%
Wholesale Trade
$48,302
$59,820 $11,518
23.8%
Retail Trade
$22,126
$25,424 $3,298 14.9%
Transportation & Warehousing $40,179 $45,612
$5,434
13.5%
Utilities
D D 0 N/A
Information
$43,555
$42,585 -$970
-2.2%
Finance and Insurance
$52,069 $64,928 $12,860
24.7%
Real Estate, Rental, and Leasing
$27,874 $32,586 $4,712 16.9%
Professional and Technical Services
$40,330 $46,860
$6,530 16.2%
Mgt. of Companies
$93,719
$81,657 $12,062 -12.9%
Administration and Waste Services
$23,870 $25,335 $1,465
6.1%
Education Services
$33,497 $36,706 $3,209
9.6%
Health Care and Social Assistance
$39,766 $42,383 $2,617
6.6%
Arts, Entertainment, and Recreation
$26,153
$31,407 $5,254
20.1%
Accommodation and Food Services
$12,912
$14,990 $2,078 16.1%
Other Services
$22,940 $25,830 $2,890
12.6%
Federal, State & Local Government $36,543 $39,390 $2,847
7.8%

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 December 2019


2018 Occupational Employment Statistics Employment and Wage Report
- Anderson, Indiana Labor Shed



Click the links below for the 2018 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 December 2019


Per Capita Income Over Time


Capita Information
1998
2003 2008
2013
2018
Total per capita income
$23,199
$26,942
$29,270
$32,258
$38,172
Change since 1998
  $3,743
$6,071
$9,059
$14,973
Change in % since 1998
  16.1%
26.2%
39.0%
64.5%

Source: Indiana Department of Workforce Development. Last updated December 2019