Madeira, OH
Population 9,454 · Ohio
About Madeira, OH
Madeira is a small town located in Ohio with a population of 9,454 residents according to the latest US Census Bureau American Community Survey data. The median household income is $168,981 per year, which is 125% above the national median of $75,149. The median age of 38 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Madeira features a median home value of $463,600, which is 89% above the national median of $244,900. This places Madeira in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,031, 75% above the national average of $1,163/month. Of the 3,484 total housing units, 88% are owner-occupied (2,900 units) and 12% are renter-occupied (400 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Madeira shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Madeira have an average one-way commute time of 18.8 minutes, one of the shorter commutes in the region.
Education & Demographics
71.8% of Madeira residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.5% White, 0.1% Hispanic or Latino, 1.4% Black or African American, and 1.8% Asian residents, with 4.3% of the population being foreign-born.
How Madeira Ranks in Ohio
Cost of Living in Madeira, OH
Compared to national averages, Madeira has a median household income of $168,981 (125% above the national median of $75,149). Home values average $463,600, which is 89% above the national median. Monthly rent at $2,031 is 75% above the US average of $1,163. Within Ohio, Madeira's income is 135% above the state average of $71,814, and home values are 166% above the state median of $174,449.
Why Live in Madeira, OH?
Madeira offers a strong local economy with a median household income of $168,981, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a well-educated community where 71.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.3%, better than the national average, and short commute times averaging just 18.8 minutes.
Potential considerations include a competitive housing market where the typical home costs $463,600. However, Madeira’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Madeira has a population of 9,454 with a median age of 38 years. Compare Madeira with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Madeira
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beckett Ridge | 9,451 | $120,179 | $297,300 | Compare |
| Oakwood | 9,480 | $158,968 | $350,100 | Compare |
| Girard | 9,521 | $42,861 | $105,700 | Compare |
| Louisville | 9,560 | $58,269 | $192,700 | Compare |
| North College Hill | 9,564 | $63,031 | $125,200 | Compare |
| Canal Winchester | 9,659 | $112,474 | $314,800 | Compare |
| Wapakoneta | 9,867 | $61,628 | $146,000 | Compare |
| East Liverpool | 9,869 | $37,262 | $78,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Madeira With Other Cities
Frequently Asked Questions about Madeira
What is the population of Madeira, OH?
The population of Madeira, OH is 9,454 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Madeira?
The median household income in Madeira, OH is $168,981 per year, which is 125% above the national median of $75,149.
What is the median home value in Madeira?
The median home value in Madeira, OH is $463,600, which is 89% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Madeira?
The median monthly rent in Madeira, OH is $2,031, which is 75% above the national average of $1,163/month.
What is the unemployment rate in Madeira?
The unemployment rate in Madeira, OH is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Madeira, OH a good place to live?
Madeira offers above-average incomes, a competitive housing market, and a strong job market. With a population of 9,454 and a median age of 38, the city appeals to a broad range of residents.
How educated is Madeira, OH?
71.8% of residents in Madeira aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Madeira?
Key cost-of-living indicators for Madeira, OH: median home value is $463,600 (89% above national), median rent is $2,031/month, and median household income is $168,981. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Madeira?
The poverty rate in Madeira, OH is 2.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Madeira, OH?
Madeira's population is 0.5% White, 0.1% Hispanic or Latino, 1.4% Black or African American, 1.8% Asian, and 0.8% two or more races. 4.3% of residents are foreign-born.