What is the median household income in North Madison, OH?
The median household income in North Madison, OH is $67,711 (±$10,822) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,155 a month would take about $46,200 a year at the common guideline of spending no more than 30% of income on rent.
In North Madison, the median household income went from $54,507 in 2015–2019 to $67,711 in 2020–2024 (+24.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $67,711 (±$10,822)
- Median renter income
- $44,257 (±$11,510)
- Income to afford median rent
- about $46,200
Income in North Madison against Lake County, its state and the nation
| North Madison | Lake County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $67,711 (±$10,822) | $80,925 (±$2,084) | $71,389 (±$321) | $80,734 |
| Median renter household income | $44,257 (±$11,510) | $47,440 (±$2,383) | $42,829 (±$325) | $52,966 |
| Median owner household income | $72,432 (±$7,054) | $94,073 (±$2,555) | $90,122 (±$343) | $100,009 |
| Median gross rent | $1,155 (±$137) | $1,113 (±$21) | $1,034 (±$5) | $1,413 |
In North Madison, median household income is lower than in Lake County ($80,925).
It is not measurably different from Ohio ($71,389).
It is lower than the national figure ($80,734).
In Lake County, North Madison ranks 19 of 24 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1331 of 2,325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in North Madison
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,155 a month ($13,860 a year) needs an income of about $46,200 a year.
The median renting household in North Madison earns $44,257 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $54,507 (±$3,611) | $67,711 (±$10,822) | +24.2% | No measurable change after inflation |
| Median gross rent | $949 (±$48) | $1,155 (±$137) | +21.7% | No measurable change after inflation |
| Median home value | $122,300 (±$9,843) | $157,300 (±$12,251) | +28.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near North Madison
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| North Madison | — | $67,711 (±$10,822) | — |
| Madison Township (Lake County) | 2.9 mi | $73,533 (±$3,925) | Not measurably different |
| Perry Township (Lake County) | 3.0 mi | $103,882 (±$10,423) | Higher |
| Madison | 4.0 mi | $94,928 (±$12,004) | Higher |
| North Perry | 4.3 mi | $98,611 (±$22,237) | Higher |
| Geneva Township | 5.3 mi | $58,649 (±$6,861) | Not measurably different |
| Geneva-on-the-Lake | 5.4 mi | $50,438 (±$7,580) | Lower |
| Geneva | 5.8 mi | $53,557 (±$4,972) | Lower |
| Harpersfield Township | 6.4 mi | $65,541 (±$22,054) | Not measurably different |
Nearby places with a measurably lower figure: Geneva-on-the-Lake, OH ($50,438), Geneva, OH ($53,557).
Nearby places with a measurably higher figure: Perry Township (Lake County), OH ($103,882), Madison, OH ($94,928), North Perry, OH ($98,611).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Lake County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 13 | Timberlake | $81,375 (±$8,935) |
| 14 | Grand River | $78,947 (±$19,190) |
| 15 | Willowick | $77,228 (±$4,939) |
| 16 | Madison Township (Lake County) | $73,533 (±$3,925) |
| 17 | Lakeline | $72,083 (±$19,650) |
| 18 | Willoughby | $71,309 (±$5,007) |
| 19 | North Madison | $67,711 (±$10,822) |
| 20 | Willoughby Hills | $67,214 (±$8,361) |
| 21 | Mentor-on-the-Lake | $67,188 (±$13,160) |
| 22 | Eastlake | $62,072 (±$7,071) |
| 23 | Fairport Harbor | $52,308 (±$19,867) |
| 24 | Painesville | $51,516 (±$5,935) |
Showing 12 of 24 places in Lake County, ranked from highest to lowest.
North Madison is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about North Madison
What is the median household income in North Madison?
The median household income in North Madison is $67,711 (±$10,822) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in North Madison?
About $46,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,155 a month.
Have incomes in North Madison kept up with inflation?
In North Madison, the median household income went from $54,507 in 2015–2019 to $67,711 in 2020–2024 (+24.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in North Madison?
The median renting household in North Madison, OH earns $44,257 (±$11,510) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — North Madison CDP, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — North Madison CDP, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Madison CDP, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — North Madison CDP, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — North Madison CDP, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Madison CDP, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for North Madison CDP, Ohio (place:56812, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in North Madison
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- Renters and owners in North Madison
- Home values in North Madison
- Homeowner costs in North Madison
- Property taxes in North Madison
- Types of homes in North Madison
- Bedrooms in North Madison
- Age of homes in North Madison
- Heating fuel in North Madison
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- Population growth in North Madison
- How long people stay in North Madison
- Crowding and facilities in North Madison
- Ohio landlord and tenant rules
- Housing across Lake County
- Ohio places ranked by median household income
- Housing data for every place in Ohio