Income and Wages

The 2021 average wage per job for Madison County was $44,243.  The county average industry wage increased by 21.1% from 2016 to 2021. 

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

  • Information
  • Real Estate, Rental and Leasing
  • Health Care and Social Assistance
  • Administration and Waste Services
  • Professional and Technical Services

The 2021 median family income for Madison County was $66,717 while the median household income was $54,491 according to the US Census Bureau's 2021 American Community Survey 5 Year Estimates.

Average Annual Earnings by Industry - Madison County

Industry
2018
2022
5-Year Change
5-Year % Change
All Industries 
$39,343
$46,356
$7,013
17.8%
Agriculture, Forestry, Fishing, and Hunting
 $37,081$40,348$3,268
8.8%
Mining
D$116,011$116,011N/A
Construction
$53,857$64,513$10,655
19.8%
Manufacturing
$56,656
$61,803
$5,1479.1%
Wholesale Trade
$59,671
$72,314$12,643
21.2%
Retail Trade
$25,436
$31,441$6,00523.6%
Transportation & Warehousing$45,612$51,326
$5,714
12.5%
Utilities
D$93,022
$93,022
N/A
Information
$42,585
$55,396$12,811
30.1%
Finance and Insurance
$64,930$79,508$14,578
22.5%
Real Estate, Rental, and Leasing
$32,586$42,338$9,75329.9%
Professional and Technical Services
$46,802$58,120
$11,31724.2%
Mgt. of Companies
$81,657
$65,026-$16,631-20.4%
Administration and Waste Services
$25,582$31,815$6,232
24.4%
Education Services
$36,706$29,905-$6,801
-18.5%
Health Care and Social Assistance
$42,365$54,191$11,826
27.9%
Arts, Entertainment, and Recreation
$31,407
$34,060$2,654
8.4%
Accommodation and Food Services
$14,988
$18,475$3,48723.3%
Other Services
$25,824$29,841$4,017
15.6%
Federal, State & Local Government$39,390$48,911$9,521
24.2%

 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 2023.

 

2022 Occupational Employment Statistics Employment and Wage Report
- Anderson, Indiana Labor Shed

 Click the links below for the 2022 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 2023.

 

Per Capita Income Over Time

Capita Information 
200120062011
2016
2021
Total per capita income
$25,986
$28,572
$30.233
$35,581
$45,755
Change since 2000
 $2,586
$4,247
$9,595
$19,769
Change in % since 2001
 10.0%
16.3%
36.9%
76.1%

Source: Indiana Department of Workforce Development. Last updated August 2023.