Madison

Population: 3,427
Median household income: $95,313
Median home value: $190,900

Madison is a community in Lake County, Ohio, home to 3,427 residents. Its median household income of $95,313 runs above the Lake County figure of $77,952.

Between 2019 and 2023, Madison's population grew 8.0% from 3,172 to 3,427, while its median home value rose 23.8% from $154,200 to $190,900.

83.4% of homes are single-family detached houses. The typical home was built around 1977.

Demographics

ACS 2019–2023

Population: 3,427
Median age: 44.7 yrs
Median household income: $95,313
Median home value: $190,900
Median gross rent: $888
Housing units: 1,427
Homeownership rate: 91.5%
Bachelor's degree or higher: 18.2%
Unemployment rate: 2.0%

Trends

ACS 5-year · 2019–2023

Population

3,1723,427

Median household income

$59,511$95,313

Median home value

$154,200$190,900

Median gross rent

$773$888

Year	Population	Median household income	Median home value	Median gross rent
2019	3,172	$59,511	$154,200	$773
2020	3,166	$70,185	$150,400	$821
2021	3,396	$77,000	$158,900	$820
2022	3,417	$88,483	$181,700	$909
2023	3,427	$95,313	$190,900	$888

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.7%

5 to 1718.6%

18 to 247.1%

25 to 3411.4%

35 to 449.4%

45 to 5415.1%

55 to 6413.5%

65 to 7411.7%

75 and over8.6%

	Count	Share
Under 5	160	4.7%
5 to 17	636	18.6%
18 to 24	242	7.1%
25 to 34	390	11.4%
35 to 44	323	9.4%
45 to 54	518	15.1%
55 to 64	464	13.5%
65 to 74	400	11.7%
75 and over	294	8.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,322	96.9%
Black or African American	23	0.7%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	8	0.2%
Two or more races	74	2.2%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma8.6%

High school graduate36.2%

Some college or associate's37.0%

Bachelor's degree11.3%

Graduate or professional degree6.9%

	Count	Share
No high school diploma	205	8.6%
High school graduate	865	36.2%
Some college or associate's	884	37.0%
Bachelor's degree	271	11.3%
Graduate or professional degree	164	6.9%

Commute to work

Mean travel time to work: 28 min

Drove alone79.7%

Carpooled6.3%

Public transit1.1%

Walked0.0%

Bicycle0.0%

Worked from home12.8%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,409	79.7%
Carpooled	112	6.3%
Public transit	20	1.1%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	226	12.8%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	448	29.1%
15 to 29 min	415	26.9%
30 to 44 min	372	24.1%
45 to 59 min	189	12.3%
60+ min	117	7.6%

Households

Average household size: 2.57
Poverty rate: 5.8% (197 of 3,412)

	Count	Share
Family households	934	70.4%
Nonfamily households	393	29.6%

Housing

Median year structure built: 1977

Occupancy

	Count	Share
Occupied	1,327	93.0%
Vacant	100	7.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,214	91.5%
Renter-occupied	113	8.5%

1-unit, detached83.4%

1-unit, attached7.0%

2 to 4 units5.3%

5 to 19 units3.7%

20 or more units0.6%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,190	83.4%
1-unit, attached	100	7.0%
2 to 4 units	76	5.3%
5 to 19 units	53	3.7%
20 or more units	8	0.6%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3946480
Type (LSAD): 47
Land area: 5.09 sq mi
Water area: 0 sq mi
Center point: 41.7723, -81.0530