Madison

Situated in Lake County along Ohio's north coast, this small community of 3,427 residents has a notably high homeownership rate of 91.5 percent across its 1,427 housing units, with a median gross rent of $888 per month for the rental portion of the market. The median household income stands at $95,313. Most residents commute to work, with an average travel time of 24.7 minutes, reflecting the village's position within a broader regional economy that includes employment centers in Lake County and the greater Cleveland metropolitan area. The housing stock skews heavily toward owner-occupied single-family homes, consistent with the 91.5 percent ownership figure. Madison Township and the surrounding area offer access to Lake Erie's shoreline, and the community sits along U.S. Route 20 with connections to Interstate 90, giving residents reasonable access to employment and services in both eastward and westward directions along the lakefront corridor.

Market description generated from current MLS and U.S. Census data.