Madison is located in Lake County, Ohio. Madison has a 2025 population of 2,829 . Madison is currently declining at a rate of -0.25% annually and its population has decreased by -1.8% since the most recent census, which recorded a population of 2,881 in 2020.
The average household income in Madison is $80,891 with a poverty rate of 8.13%. The median age in Madison is 38.7 years: 45.1 years for males, and 35.3 years for females. For every 100 females there are 83.2 males.
Data after 2023 is projected based on recent change
The racial composition of Madison includes 99.06% White, and smaller percentages for Two or more races, other race and multiracial populations.
White (99.06%)
Two or more races (0.49%)
Other race (0.45%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 2,840 | 99.06% |
| Two or more races | 14 | 0.49% |
| Other race | 13 | 0.45% |
Married
Widowed
Divorced
Separated
Never Married
Madison's average per capita income is $55,568. Household income levels show a median of $83,328. The poverty rate stands at 8.13%.
Name | Median | Mean |
|---|---|---|
| Married Families | $87,125 | - |
| Families | $85,781 | $86,870 |
| Households | $83,328 | $80,891 |
| Non Families | $49,444 | $66,799 |
Average Income
Median Household Income
Poverty Rate