States · Indiana · Madison County

Ingalls, Indiana.

Typical home $179,754 (+3.5% in a year). Indianapolis-Carmel-Anderson, IN metro.

What it costs per month · Ingalls $943/mo

to buy the typical home at today's mortgage rate — +$572 (+154%) since Jan 2020.

What the home itself did
1 year
Up $6,006 +3%
$173,748$179,754 since Sep 2025
5 years
Up $54,735 +44%
$125,019$179,754 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Ingalls $943 Indiana $1,350 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Ingalls$943
  • Indiana$1,350
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 10 years.

Typical home values in Ingalls, IN rose 3.5% over the past year — faster than the nation's +1.2%.

Living in Ingalls, Madison County, Indiana

Ingalls is a town of 2,223 people in Madison County. Half its households earn more than $74,236 a year and half less, against $63,037 across Madison County; 10% of its people live below the poverty line. 76% of its homes are lived in by their owners and 24% are rented. Unemployment in Madison County was 3.6% in August 2026, and the county had 0.4% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.

People 2,223 in the 2020 census
Household income $74,236 the median, give or take $9,222 · Madison County: $63,037
Unemployment 3.6% Madison County, August 2026; 3.7% a year before
Homes 76% lived in by their owners; 24% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Ingalls is a small town in Madison County, Indiana, where most homes are lived in by their owners. Household incomes run above the county's, and homes here are valued at a modest level. Winters are cold and snowy, with a January that stays well below freezing at night, and summers turn warm in July. Rain and melted snow add up to a fair amount across the year.

Work. Residents work mostly in schools, hospitals and social care, with shops, the building trades, and restaurants, hotels and entertainment also employing many. Fewer adults here hold a four-year degree than in many places, and a good number work from home. Across Madison County, some of the largest workplaces are Anderson Community School, Community Hospital Anderson and Ascension St. Vincent Anderson.

Things to do. Closest to home, Geist Reservoir is a short drive away, and Ruoff Music Center, a theatre, is also a short drive. A longer drive brings you to Indianapolis, where the Indianapolis Motor Speedway is a race track of wide renown and The Children's Museum of Indianapolis is a museum. Mounds State Park, a protected area, is another longer drive for those who want a quiet walk outdoors.

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  • 851households
  • 17%of adults have a degree
  • 10%below the poverty line
  • 31 mintypical commute
  • 15%work from home

What residents work in

  • Schools, hospitals and social care21%
  • Shops (retail)13%
  • Building trades12%
  • Restaurants, hotels and entertainment12%
  • Manufacturing10%
  • Banks, insurance and property8%

Employed residents by industry, from the Census survey. Madison County had 40,359 jobs in 2025, 0.4% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 35° and 21°; warmest in July, 84° and 65° 20° 40° 60° 80° J 35° 21° F M A M J J 84° 65° A S O N D
Average daily high and low for each month: coldest in January, 35° and 21°; warmest in July, 84° and 65° 20° 40° 60° 80° J 35° 21° F M A M J J 84° 65° A S O N D

Coldest in January, with highs near 35° and lows near 21°; warmest in July, with highs near 84° and lows near 65°. About 21 inches of snow and 44 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Anderson Sewage Plt weather station, 12 miles away (NOAA).

Largest workplaces in Madison County

  1. Anderson Community School CorpSchool district923FTE
  2. Community Hospital AndersonGeneral hospital873FTE
  3. ElsaAutomotive parts manufacturer700
  4. Harrah's Hoosier Park Racing & Casino623
  5. Ascension St. Vincent AndersonGeneral hospital535FTE
  6. Carter Express - AndersonTrucking, general freight, long-distance, truckload526
  7. NTN Driveshaft AndersonDrive shafts and half shafts, automotive, truck, and bus, manufacturing523
  8. South Madison Com Sch Corp SchoolsSchool district508FTE

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 100 workplaces with 20 or more staff, 12,948 people in all across the county; Ingalls has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Strong windRelatively high
  2. TornadoesRelatively high
  3. HailRelatively moderate
  4. Winter weatherRelatively moderate
  5. Cold wavesRelatively moderate
  6. Inland floodingRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Ingalls’ census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Madison County and the Indianapolis-Carmel-Anderson, IN metro.

Ingalls home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 Ingalls $179,754 Indiana $257,165 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • Ingalls$179,754
  • Indiana$257,165
  • United States$366,157

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Zip codes with a Ingalls address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Ingalls — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Ingalls