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Madison village, Ohio Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Madison village, Ohio has a total population of 3,427, the 371st largest city in Ohio, with a median household income of $95,313, which is 37% higher than the state average. The poverty rate is 5.8%.

Key Takeaways

Madison village Quick Facts

Population 3,427
Median Household Income $95,313
Median Home Value $190,900
Poverty Rate 5.8%
Unemployment Rate 2.0%
Median Age 44.7 years
Homeownership Rate 91.5%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 18.2%
High School Graduation Rate 91.4%
Diversity Index 6/100
Population 3,427 371st of 1,264
Median Income $95,313 top 20%
Poverty Rate 5.8% 54% lower national
Median Home Value $190,900 top 30%

How Madison village Compares

Economy & Housing

Employment

2.0% Unemployment Rate State: 4.9% | National: 5.2%
65.3% Labor Force Participation

Housing Overview

Owner 91.5%
Renter 8.5%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

6out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 39 | National average: 60

Education

Madison village Rankings in Ohio

#371 Population of 1,264
#184 Median Income of 1,264
#605 Education of 1,264
#345 Home Value of 1,264

Cities Similar to Madison village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lake Lakengren CDP3,404$89,295$181,00025.3%4.0%
Salem Heights CDP (Hamilton County)3,640$92,478$226,70048.5%5.9%
Minster village3,213$91,250$258,00036.4%2.1%
Cleves village3,377$80,536$171,60026.2%13.5%
Dillonvale CDP3,354$81,591$211,30042.8%5.6%

Population Overview

Madison village is a small community located in Ohio. The total population is 3,427. It ranks as the 371st most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in Madison village is 44.7 years. This is 13% higher than the state median of 39.6 years.

Economy, Income & Housing

The median household income in Madison village is $95,313. This is 37% higher than the state median of $69,680. Compared to the national median of $78,538, household income here is 21% higher. The poverty rate stands at 5.8%. This is 56% lower than the state poverty rate of 13.2%. The unemployment rate is 2.0%. This is 59% lower than the state rate of 4.9%. The median home value is $190,900. Housing costs are 4% lower than the state median of $199,200. With a home-value-to-income ratio of just 2.0x, Madison village is one of the most affordable housing markets in the area. 91.5% of occupied housing units are owner-occupied. This homeownership rate is 37% higher than the state average of 67.0%.

Race & Ethnicity

Madison village has a predominantly White (non-Hispanic) population, comprising 96.9% of all residents. Black or African American residents account for 0.7%. The Black or African American population (0.7%) is well below the state average of 12.1%.

Education

18.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.4%.

Data Sources & Methodology

All demographic data for Madison village, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Madison village, Ohio?

Madison village, Ohio has a population of 3,427 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Madison village, OH?

The median household income in Madison village is $95,313, which is 21% higher the national median of $78,538.

What is the poverty rate in Madison village, OH?

The poverty rate in Madison village is 5.8%. This means approximately 197 residents live below the federal poverty line.

What is the racial makeup of Madison village, Ohio?

Madison village's population is 96.9% White, 0.7% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Madison village, OH?

The median home value in Madison village is $190,900. The home-value-to-income ratio is 2.0x.

How educated is Madison village, Ohio?

18.2% of adults (25+) in Madison village hold a bachelor's degree or higher, and 6.9% hold a graduate or professional degree.