Madeira, OH Profile: Facts & Data

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Madeira, Ohio - Basic Facts

The City of Madeira had a population of 8,984 as of July 1, 2020. Madeira ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Ohio. See peer rankings below.

The primary coordinate point for Madeira is located at latitude 39.1909 and longitude -84.3635 in Hamilton County. The formal boundaries for the City of Madeira encompass a land area of 3.38 sq. miles and a water area of 0 sq. miles. Hamilton County is in the Eastern time zone (GMT -5). The elevation is 764 feet.

The City of Madeira (GNIS ID: 1086218) has a C2 Census Class Code which indicates an active incorporated place legally coextensive with a county subdivision but treated as independent of any county subdivision. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Madeira: Maderia Station, Madiera, Medeira.

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Madeira, OH Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 8,984 (100%)
Population in Households 8,725 (97.1%)
Population in Families 7,503 (83.5%)
Population in Group Quarters1 259 ( 2.9%)
Population Density 2,682
Diversity Index2 30
 
 

INCOME

Median Household Income $100,645
Average Household Income $130,455
% of Income for Mortgage4 12%
Per Capita Income $49,834
Wealth Index5 186
 

HOUSING

Total HU (Housing Units) 3,573 (100%)
Owner Occupied HU 2,873 (80.4%)
Renter Occupied HU 520 (14.6%)
Vacant Housing Units 181 ( 5.1%)
Median Home Value $293,881
Average Home Value $350,974
Housing Affordability Index3 170
 

HOUSEHOLDS

Total Households 3,392
Average Household Size 2.57
Family Households 2,398
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.28% 0.16%
Households 0.28% 0.19%
Families -0.09% 0.1%
Median Household Income   1.03%
Per Capita Income   2.17%
Owner Occupied HU   0.11%

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Madeira, OH - Peer Comparisons by Rank and Percentile

The table below compares Madeira to the other 1,215 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2020 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 # 198 84th
Population Density # 121 90th
Median Household Income # 62 95th
Housing Affordability Index # 177 15th
Per Capita Income # 69 94th
Diversity Index # 189 85th

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

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