Madison is located in Lake County, Ohio. Madison has a 2025 population of 545 . Madison is currently growing at a rate of 0.37% annually but its population has decreased by -1.27% since the most recent census, which recorded a population of 552 in 2020.
The average household income in Madison is $66,411 with a poverty rate of 15.33%. The median age in Madison is 59.9 years: 60.6 years for males, and 59.6 years for females. For every 100 females there are 71.2 males.
Data after 2023 is projected based on recent change
The racial composition of Madison includes 97.72% White, and smaller percentages for Two or more races and multiracial populations.
White (97.72%)
Two or more races (2.28%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 599 | 97.72% |
| Two or more races | 14 | 2.28% |
Married
Widowed
Divorced
Separated
Never Married
Madison's average per capita income is $31,000. Household income levels show a median of $60,197. The poverty rate stands at 15.33%.
Name | Median | Mean |
|---|---|---|
| Married Families | $81,875 | - |
| Non Families | $70,114 | $69,621 |
| Households | $60,197 | $66,411 |
| Families | - | $65,047 |
Average Income
Median Household Income
Poverty Rate