Living in Madeira, Ohio
Cost of living, income, home prices, rent and demographics of Madeira · Census data 2020–2024
Madeira has 9,484 residents with a median age of 38.3. The median household income is $167,653 (135% higher than the Ohio median), the median home value is $484,200, the median rent is $1,777/month.
Madeira at a glance
- Population
- 9,484
- Median age
- 38.3State: 39.7
- Median household income
- $167,653State: $71,389
- Median home value
- $484,200State: $214,800
- Median rent
- $1,777/moState: $1,034
- Homeowners
- 92.2%
- Bachelor's degree or higher
- 74.7%
- Average commute
- 18 min
Is Madeira a good place to live?
Pros: Median household income 135% higher than the Ohio median; an average commute of 18 minutes; unemployment of 1.2%; a poverty rate of 2.5%.
Cons: Home values 125% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Madeira
Housing is the biggest part of the cost of living. In Madeira the median home value is $484,200, 46% higher than the U.S. median. Renters pay a median of $1,777 per month, which is 20.5% of household income. Homeowners with a mortgage pay $3,029 a month in housing costs.
Madeira median household income
The median household income in Madeira is $167,653 and the income per person is $90,742. 2.5% of residents live below the poverty line (Ohio: 13.3%).
Housing in Madeira: homes for sale and rent
- Housing units
- 3,620
- Owner-occupied
- 92.2%
- Renter-occupied
- 7.8%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.70
Madeira demographics
- Population
- 9,484
- Median age
- 38.3
- Under 18
- 27.6%
- 65 and older
- 17.1%
- Households
- 3,460
- Foreign-born
- 5.8%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Madeira ›
Education in Madeira
74.7% of adults 25 and older in Madeira have a bachelor's degree or higher (Ohio: 31.5%), and 35.7% have a graduate or professional degree.
Jobs and commute in Madeira
- Unemployment rate
- 1.2%State: 4.8%
- Average commute
- 18 minState: 23 min
- Work from home
- 30.4%
- Drive alone
- 64.7%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 97.6%
Madeira vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Madeira | 9,484 | $167,653 | $484,200 | $1,777 |
| Silverton | 4,860 | $72,143 | $200,500 | $1,039 |
| Kenwood | 8,326 | $110,212 | $369,500 | $1,986 |
| Deer Park | 5,384 | $83,371 | $205,100 | $890 |
| Concorde Hills | 762 | $196,691 | — | — |
| The Village of Indian Hill | 6,052 | $234,821 | $1,192,800 | $2,684 |
| Rossmoyne | 1,504 | $44,422 | $179,000 | $1,135 |
| Dillonvale | 3,514 | $79,318 | $223,000 | $1,204 |
| Plainville | 100 | $65,875 | $483,300 | — |
More for people moving to Madeira
Madeira ZIP code ›Weather and climate ›Living in Madeira: FAQ
What is the median household income in Madeira, OH?
The median household income in Madeira is $167,653, 135% higher than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Madeira?
The median home value in Madeira is $484,200, compared with $214,800 in Ohio.
How much is rent in Madeira?
The median gross rent in Madeira is $1,777 per month, about 20.5% of household income.
Is Madeira, OH a good place to live?
Pluses: median household income 135% higher than the Ohio median; an average commute of 18 minutes; unemployment of 1.2%; a poverty rate of 2.5%. Minuses: home values 125% higher than the state median.
What is the median age in Madeira?
The median age in Madeira is 38.3 years (Ohio: 39.7).
How long is the commute in Madeira?
The average commute to work in Madeira is 18 minutes; 30.4% of workers work from home.
What is the unemployment rate in Madeira?
The unemployment rate in Madeira is 1.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Madeira?
74.7% of adults in Madeira have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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