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Madison, OH
Full City Profile · Ohio · Lake County County
3.3
/5.0
B
Good
3,427
Population
673/sq mi density
$95,313
Median Income
$37,169 per capita
$190,900
Home Value
$225,642 Zillow
$888
Median Rent
28.1% income on rent
53°F
Avg Temperature
275 sunny days/yr
250
Violent Crime/100K
1,848 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$95,313 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$190,900 home value, $888/mo rent
F
Safety
1.0 / 5.0
250 violent crimes/100K
C
Education
2.5 / 5.0
18.2% bachelor's degree or higher
Income Overview
Median Household Income
$95,313
27% above
US avg: $75,149
Per Capita Income
$37,169
5% below
US avg: $39,052
Unemployment Rate
1.3%
64% below
US avg: 3.6%
Poverty Rate
5.9%
52% below
US avg: 12.4%
Income Comparison: Madison vs. U.S. Average
Each bar shows Madison’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$95,313
127%
Per Capita
US: $39,052
$37,169
95%
IRS Avg AGI
US: $72,000
$75,661
105%
Avg Weekly Wage
US: $1,432
$1,135
79%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,135
21% below US avg ($1,432)
Mean Commute Time
28 min
3% above US avg (28 min)
Work From Home
12.8%
16% below US avg (15.2%)
Drive Alone
79.7%
9% above US avg (73.2%)
Public Transit
1.1%
77% below US avg (5.0%)
County GDP
$15,717M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.7%
Public Transit
1.1%
Work From Home
12.8%
Other
6.4%
Average commute time
28 minutes
US avg: 28 min
Business Landscape
Total Establishments
6,826
Restaurants
541
Healthcare
588
Retail
722
Manufacturing
534
Tax & Financial
IRS Avg Adjusted Gross Income
$75,661
5% above US avg ($72,000)
Avg Property Tax
$6,601
89% above US avg ($3,500)
Cost of Living Index
92.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $95,313 |
| Per Capita Income | $37,169 |
| IRS Avg Adjusted Gross Income | $75,661 |
| Avg Weekly Wage | $1,135 |
| County GDP | $15,717M |
Hardship Indicators
| Unemployment Rate | 1.3% |
| Poverty Rate | 5.9% |
| Gini Coefficient | 0.417 |
| Cost of Living Index | 92.8 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 79.7% |
| Public Transit | 1.1% |
| Work From Home | 12.8% |
Businesses
| Total Establishments | 6,826 |
| Restaurants | 541 |
| Healthcare | 588 |
| Retail | 722 |
| Manufacturing | 534 |
Tax
| IRS Avg AGI | $75,661 |
| Avg Property Tax | $6,601 |