Madison is a village located in Lake County, Ohio. Madison has a 2025 population of 3,402. Madison is currently declining at a rate of -0.21% annually and its population has decreased by -1.02% since the most recent census, which recorded a population of 3,437 in 2020.
The average household income in Madison is $99,493 with a poverty rate of 5.77%.The median age in Madison is 44.7 years: 43.3 years for males, and 45.4 years for females.
Data after 2023 is projected based on recent change
The racial composition of Madison includes 96.94% White, and smaller percentages for Two or more races, Black or African American, other race and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 3,322 | 96.94% |
Two or more races | 74 | 2.16% |
Black or African American | 23 | 0.67% |
Other race | 8 | 0.23% |
Married
Widowed
Divorced
Separated
Never Married
Madison's average per capita income is $48,406. Household income levels show a median of $95,313. The poverty rate stands at 5.77%.
Name | Median | Mean |
---|---|---|
Married Families | $117,795 | - |
Families | $115,667 | $115,673 |
Households | $95,313 | $99,493 |
Non Families | $51,406 | $60,194 |
Average Income
Median Household Income
Poverty Rate