New Madison, OH
Population 804 · Ohio
About New Madison, OH
New Madison is a small community in Ohio with a population of 804 residents. The median household income is $64,688 per year, which is near the national average. The median age in New Madison is 47.2 years.
Housing in New Madison has a median home value of $107,800 and median monthly rent of $850. Of the 352 total housing units, the majority are owner-occupied, with 258 owner-occupied and 84 renter-occupied units.
The unemployment rate in New Madison is 3.6% and the poverty rate is 15.5%. 14.7% of residents hold a bachelor's degree or higher. The average commute time is 25.8 minutes.
Cost of Living in New Madison, OH
Compared to national averages, New Madison has a median household income of $64,688 (14% below the national median of $75,149). Home values average $107,800, which is 56% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Ohio, New Madison's income is 10% below the state average of $71,814, and home values are 38% below the state median of $174,449.
Why Live in New Madison, OH?
New Madison offers affordable housing with a median home value of $107,800, below the US average of $244,900, and rent that’s lower than the national average at $850/month, and a strong job market with an unemployment rate of just 3.6%.
Potential considerations include median household income ($64,688) that falls below the national average. However, New Madison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Madison has a population of 804 with a median age of 47.2 years. Compare New Madison with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near New Madison
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dunkirk | 806 | $47,031 | $101,200 | Compare |
| Williamsdale | 806 | $73,914 | $163,300 | Compare |
| Baltic | 807 | $70,781 | $121,800 | Compare |
| Glenwillow | 807 | $100,357 | $316,900 | Compare |
| La Rue | 801 | $62,500 | $109,800 | Compare |
| Rio Grande | 808 | $40,721 | $181,600 | Compare |
| McClure | 791 | $53,500 | $92,200 | Compare |
| Eldorado | 789 | $72,545 | $119,100 | 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.
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Frequently Asked Questions about New Madison
What is the population of New Madison, OH?
The population of New Madison, OH is 804 according to the latest Census data.
What is the median household income in New Madison?
The median household income in New Madison, OH is $64,688 per year.
What is the median home value in New Madison?
The median home value in New Madison, OH is $107,800.
What is the average rent in New Madison?
The median monthly rent in New Madison, OH is $850.
What is the unemployment rate in New Madison?
The unemployment rate in New Madison, OH is 3.6%.