Madison, Lake County, OH demographics:
population, income, and more

Total population
3,417
-0.3% year-over-year change
Median household income
$94,928/yr
-0.4% year-over-year change
Housing units
1,432
0.3% year-over-year change

Madison population

How many people live in Madison

Madison is home to 3,417 residents, according to the most recent Census data. Gender-wise, 50.1% of Madison locals are male, and 49.9% are female.

Total population
3,417
-0.3% year-over-year change
Gender ratio
Male
50.1%
1,711
Female
49.9%
1,706
Value Percent YoY change
Male 1,711 50.1% 2.5%
Female 1,706 49.9% -2.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Madison is 44, with the population distributed as follows: about 16.4% are children under 15, then 14.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 21.4% of the population, while another 28% fall into the 45 to 64 bracket. Finally, around 19.8% are 65 or older.

Median age
44.4
Age breakdown
Under 15
16.4%
15 to 24
14.3%
25 to 44
21.4%
45 to 64
28%
Over 65
19.8%
Value Percent YoY change
Under 15 562 16.4% -1.1%
15 to 24 490 14.3% 4.3%
25 to 44 732 21.4% 2.7%
45 to 64 955 28% -2.8%
Over 65 678 19.8% -2.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Madison, 97.1% of the population are US-born citizens, while 0.9% have gained naturalized citizenship. At the same time, 2% of residents are non-citizens. There’s also a share of 2.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
97.1%
Non-U.S.-born citizens
0.9%
Non-citizens
2%
Value Percent YoY change
U.S.-born citizens 3,319 97.1% -1.5%
Non-U.S.-born citizens 30 0.9% N/A
Non-citizens 68 2% 17.2%
Racial breakdown
White
95.3%
Black or African American
0.4%
American Indian and Alaska Native
0.2%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.9%
Other
1.3%
Value Percent
White 3,257 95.3%
Black or African American 12 0.4%
American Indian and Alaska Native 6 0.2%
Two or more races 99 2.9%
Other 43 1.3%

Households in Madison

A peek inside Madison households

Madison has 1,330 households, with an average of 3 members in each. Of these, 69.8% are families, while the remaining 30.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,330
0.2% year-over-year change
Average people per household
3
Non-family households
401
Family households
929
Value Percent YoY change
Non-family households 401 30.2% 2.0%
Family households 929 69.8% -0.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Madison

The housing landscape of Madison

Madison's housing consists of 1,432 units, with 84.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 5.9% and offer a more compact, shared living style.

Housing units
1,432
0.3% year-over-year change
Housing types
Value Percent
1 unit, detached 1,208 84.4%
1 unit, attached 84 5.9%
2 units 47 3.3%
3 or 4 units 36 2.5%
5 to 9 units 48 3.4%
20 to 49 units 9 0.6%
Homes built since 2020
25
13.6% year-over-year change

The age of buildings in Madison

In Madison, the median construction year is 1976. About 20.7% of homes were built before the 1940s, with another 1.7% going up by 1949. Most development happened in the second half of the 20th century. Then, 16.7% of homes were added from 2000 to 2009, 5.2% between 2010 and 2019, and 1.8% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 297 20.7% 9.2%
Built between 1940 and 1949 24 1.7% 140.0%
Built between 1950 and 1959 89 6.2% 3.5%
Built between 1960 and 1969 167 11.7% -4.6%
Built between 1970 and 1979 235 16.4% -6.4%
Built between 1980 and 1989 110 7.7% 35.8%
Built between 1990 and 1999 172 12% -26.5%
Built between 2000 and 2009 239 16.7% 9.1%
Built between 2010 and 2019 74 5.2% -3.9%
Built in 2020 or later 25 1.8% 13.6%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Madison occupancy rates

Out of the 1,330 occupied housing units in Madison, 91.4% are owner-occupied, while 8.6% are lived in by tenants. Meanwhile, 7.1% of all homes on the local market sit vacant.

Occupied housing units
1,330
0.2% year-over-year change
Occupancy breakdown
Renter occupied
115
Owner occupied
1,215
Value Percent YoY
change
Renter occupied 115 8.6% 1.8%
Owner occupied 1,215 91.4% 0.1%
Unoccupied housing units
7.1%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Madison housing costs

Housing costs in Madison come to a median of $1,196 per month, while tenants specifically pay a median gross rent of $961.

Median housing costs per month
$1,196/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Madison
$961/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Madison

Madison education at a glance

About 42.4% of the population in Madison went to high school, while 26.6% pursued college studies. Another 11% earned an associate degree and 10.6% hold a bachelor’s. Meanwhile, 8.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 29 1.1% -47.3%
High school diploma 1,122 42.4% 3.3%
College diploma 705 26.6% -4.3%
Associate degree 290 11% -5.8%
Bachelor's degree 280 10.6% -0.4%
Graduate degree 219 8.3% 33.5%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Madison

How much people earn in Madison

The average annual household income in Madison was $98,536 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -1% change from the previous year. At the same time, the median income stood at $94,928, reflecting a -0.4% shift over the same period.

Average household income in Madison
$98,536/year
-1.0% year-over-year change
Median household income in Madison
$94,928/year
-0.4% year-over-year change

Madison income by age

In Madison, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $111,442. Those with someone between 45 and 64 in charge, often well established professionally, earn $114,348 overall. Overall, 96.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $111,442 1.8%
45 - 64 $114,348 0.2%
Over 65 $70,417 13.6%
Above poverty level
3,231
Below poverty level
129
Value Percent YoY
change
Above poverty level 3,231 96.2% 1.1%
Below poverty level 129 3.8% -30.6%

Average renter income in Madison

To get a better sense of what renters earn on average in Madison, their median household income was $46,023 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 25.1%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$46,023
Rent-to-income ratio
25.1%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Madison

Workforce and job types in Madison

The job market in Madison is powered by 1,718 working residents, spread across a range of industries and roles. 75.6% of the working population are employed in professional or administrative positions, while 24.4% are in hands-on or service-based jobs. Also, 4.5% run their own businesses, 72.5% are employed by private companies, and 16% work in the public sector.

Workforce demographics

Working population
1,718
-2.8% year-over-year change
White collar
1,299
Blue collar
419
Value Percent YoY change
White collar 1,299 75.6% -1.7%
Blue collar 419 24.4% -5.8%
Employer type
Self employees
4.5%
Private companies
72.5%
Governmental workers
16%
Not for profit companies
7.1%
Value Percent YoY change
Self employees 77 4.5% -18.1%
Private companies 1,245 72.5% 1.6%
Governmental workers 274 16% -6.8%
Not for profit companies 122 7.1% -20.3%
Unemployment rate
2.6%
25.0% year-over-year change

Available workforce

The unemployment rate in Madison stands at 2.6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Madison

How people get around in Madison

Means of transportation
Value Percent YoY change
Car 1,431 83.8% -5.9%
Bus or trolleybus 21 1.2% 5.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Madison by zipcode?

Zipcode Population Number of households Median income Average income
44057 19,445 7,868 $75,615 $95,193

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FAQs about Madison demographics 

What is the total population of Madison?

Madison has a total population of 3,417 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.3% compared to a year ago.

What is the gender ratio in Madison?

The gender ratio in Madison is as follows:
  • 50.1% males (1,711 residents)
  • 49.9% females (1,706 residents)

What is the median age in Madison?

The median age in Madison is 44.4.

What is the age distribution of the population in Madison?

The age distribution in Madison is as follows:
  • Under 15: 16.4% (562 residents)
  • Ages 15-24: 14.3% (490 residents)
  • Ages 25-44: 21.4% (732 residents)
  • Ages 45-64: 28% (955 residents)
  • Over 65: 19.8% (678 residents)

What is the racial and ethnic makeup of Madison?

The racial and ethnic makeup of Madison is as follows:
  • White: 95.3% (3,257 residents)
  • Black or African American: 0.4% (12 residents)
  • American Indian and Alaska Native: 0.2% (6 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 2.9% (99 residents)
  • Other: 1.3% (43 residents)

What percentage of the population in Madison are U.S.-born citizens?

U.S.-born citizens represent 97.1% of the population in Madison.

How many housing units are there in Madison?

There are 1,432 housing units in Madison, reflecting a +0.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Madison and what is the average household size?

Madison has a total of 1,330 households, with an average of 3 people in each.

What is the median household income in Madison?

Madison has a median household income of $94,928, representing a -0.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Madison?

The employment rate is 97.4% in Madison, with a workforce of 1,718 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 75.6% (1,299 residents)
  • Blue-collar workers: 24.4% (419 residents)

Places of employment:
  • Self-employed: 4.5% (77 residents)
  • Private companies: 72.5% (1,245 residents)
  • Governmental workers: 16% (274 residents)
  • Not-for-profit companies: 7.1% (122 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025