Madison is a village located in Lake County, Ohio. Madison has a 2026 population of 3,419. Madison is currently declining at a rate of -0.06% annually and its population has decreased by -0.44% since the most recent census, which recorded a population of 3,434 in 2020.
The median household income in Madison is $94,928 with a poverty rate of 4.12%. The median age in Madison is 44.4 years: 39.8 years for males, and 45.2 years for females. For every 100 females there are 100.3 males.
Data after 2023 is projected based on recent change
Overall: 44.4 years
Female: 45.2 years
Male: 39.8 years
There are 2,645 adults, (678 of whom are seniors) in Madison.
Female: 1,706 (49.9%)
Male: 1,711 (50.1%)
The racial composition of Madison includes 95.32% White, and smaller percentages for Two or more races, other race, Black or African American, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 3,257 | 95.32% |
| Two or more races | 99 | 2.9% |
| Other race | 43 | 1.26% |
| Black or African American | 12 | 0.35% |
| Native American | 6 | 0.18% |
Madison 's average per capita income is $53,372. Household income levels show a median of $94,928. The poverty rate stands at 4.12%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $117,150 | - |
| Families | $116,550 | $117,460 |
| Households | $94,928 | $98,536 |
| Non Families | $43,681 | $54,085 |
Average Income
Median Household Income
Poverty Rate