Ohio · Census place 54978
New Madison village, OH
Quick answer
New Madison village has 804 residents, ranking #750 of 1265 places in Ohio. Median household income is $64,688, the median home is worth $107,800 and median gross rent runs $850 a month.
- Population
- 804New Madison village residents
- Median household income
- $64,688Past 12 months, inflation adjusted
- Median home value
- $107,800Owner-occupied units
- Median gross rent
- $850Rent plus utilities, monthly
- Median age
- 47.2 yrsAll residents
- Homeownership rate
- 75.4%Owner-occupied households
What the numbers mean in New Madison village
Housing cost measured against local earnings.
A household earning the New Madison village median would spend about 15.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.5% of residents and 75.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Ohio.
- Glenwillow village 807
- Dunkirk village 806
- Williamsdale CDP 806
- La Rue village 801
- McClure village 791
- Eldorado village 789
- Bloomville village 788
Keep going
More Ohio coverage.