Madison, OH Profile: Facts, Map & Data

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Madison, Ohio - Basic Facts

The Village of Madison is an incorporated place (Class Code P1) located in Lake County at latitude 41.7723 and longitude -81.053. Lake County is in the Eastern time zone (GMT -5). The elevation is 728 feet.

The formal official name is the Village of Madison, but most people and references simply refer to it as Madison, Ohio.

The P1 Census Class Code for Madison indicates a populated place that is also an incorporated place with the same name and the same census code. The Incorporated Place has a Functional Status Code "A" which identifies an active government providing primary general-purpose functions.

The formal boundaries for the Village of Madison (see map below) encompass a land area of 5.09 sq. miles and a water area of 0 sq. miles.

Alternate Unofficial Names for Madison: Centreville, Chapintown, Madison Lakelands, Madison on the Lake.

Village of Madison, OH Boundary Map

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Boundary Maps: Township of Madison | Lake County | Ohio Counties

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Madison, OH Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 3,160
Population in Households 3,136
Population in Familes 2,649
Population in Group Qrtrs 24
Population Density1 621
Diversity Index2 12
 

HOUSEHOLDS

Total Households 1,244
Average Household Size 2.52
Family Households 895
Average Family Size 3

HOUSING

Total Housing Units 1,326 (100%)
Owner Occupied HU 956 (72.1%)
Renter Occupied HU 288 (21.7%)
Vacant Housing Units 82 ( 6.2%)
Median Home Value $132,011
Average Home Value $136,925
 

INCOME

Median Household Income $57,169
Average Household Income $67,250
Per Capita Income $26,541
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population -0.18% -0.14%
Households 0.06% -0.03%
Families -0.21% -0.2%
Median Household Income   4.4%
Per Capita Income   2.44%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

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Madison, OH - Peer Comparisons by Rank and Percentile

The table below compares Madison to the other 1,204 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 387 68th
Population Density1 # 951 21st
Diversity Index2 # 525 57th
Median Household Income # 291 76th
Per Capita Income # 337 72nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Ohio Census Data Comparison Tool.