Madison

County:: Lake County
County Seat:: No
Area (mi²):: 5.087
State:: Ohio

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.

Demographics

The racial composition of Madison includes 96.94% White, and smaller percentages for Two or more races, Black or African American, other race, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Other race

Native American

Asian

Native Hawaiian or Pacific Islander

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%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%

Madison Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

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%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$117,795	-
Families	$115,667	$115,673
Households	$95,313	$99,493
Non Families	$51,406	$60,194

$48,406

Average Income

$95,313

Median Household Income

5.77%

Poverty Rate