Cost of Living in North Madison, OH

Population 8,309 · Ohio · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives North Madison a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $146,000. At 6.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 40 miles northeast of Cleveland, North Madison falls within that metro's commuting orbit. Median home values run roughly 55% higher than Cleveland's $94,000.

Cost Overview

Housing 48
Rent 84

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in North Madison

The median home value in North Madison is $146,200 — 52% below the national median of $305,000. Median rent runs $1,109/month, 16% lower than the national median of $1,314/month. The median household income of $60,875/year is 18% lower than the US median of $74,580. The local unemployment rate is 6.6%, above the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 58.2°F and lows of 39.5°F. Overall, North Madison has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$146,200
52% below avg
Median Rent
$1,109/mo
16% below avg
Price-to-Rent Ratio
11.0x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 78.2%
Renter-occupied 21.8%

💰 Estimated Monthly Budget

Rent median rent
$1,109
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,723/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
29.9 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.4%

Commute Mode

Drove alone
79.6%
Carpooled
10.1%
Public transit
0.1%
Work from home
9.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$60,875
18% below avg
Per Capita Income
$32,863
Unemployment Rate
6.6%
38% above avg
Poverty Rate
9.3%
Labor Force Participation
65.6%

🎓 Education

Bachelor's degree+ 6.7%
Graduate degree 8.3%

👥 Demographics

Median Age 39.5
Male median age 40.4
Female median age 37.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.2°F
Avg Low
39.5°F
Annual Precip
37.1"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 333644586977817973614938
Low °F 191926364655605852423426
Precip" 1.901.682.363.363.303.684.273.573.853.683.102.32

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
71%
Good air days/yr
170
Max AQI recorded
185
PM2.5 days
180
Ozone days

Frequently Asked Questions

What is the cost of living in North Madison, OH?

North Madison has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in North Madison, OH?

The median gross rent in North Madison is $1,109 per month based on 2023 Census data.

What is the average home price in North Madison?

The median home value in North Madison is $146,200 according to 2023 Census ACS data.

What is the median income in North Madison?

The median household income in North Madison is $60,875 per year (2023 ACS 5-year estimates).

What is the sales tax in North Madison, OH?

The combined state and local sales tax rate in North Madison is 7.2%. The Ohio state income tax top rate is 3.8%.

Is North Madison, OH affordable?

Yes, North Madison is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.

What is the weather like in North Madison?

North Madison has average high temperatures of 58.2°F and average lows of 39.5°F. Annual precipitation is 37.1". Data from NOAA 1991–2020 Climate Normals.

North Madison at a Glance

Population
8,309
Median Income
$60,875
Home Value
$146,200
Median Rent
$1,109/mo
Unemployment
6.6%
Avg High Temp
58.2°F
Sales Tax
7.2%
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Explore county-level cost of living data

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