New Madison is a small town of 958 in Ohio, with a median household income of $62,895
and a 3.1% unemployment rate.
Its cost of living index is 89 (US average = 100), which is
11% below the national average.
Strengths:
New Madison stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).
Trade-offs:
No major red flags stand out in the available data. Whether New Madison is right for you depends on your priorities — the full breakdown is below.
All New Madison city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 88.8
New Madison's overall cost of living index is 88.8,
where 100 represents the US national average.
Living in New Madison costs roughly 11% less than the average American city.
Metric
New Madison, OH
National Avg
Median Home Value
$96,800
$244,900
Median Monthly Rent
$843
$1,163
Homeownership Rate
69.2%
65.9%
Median Household Income
$62,895
$74,755
Crime & Safety
Very Safe
New Madison's violent crime rate is 17.6 per 100,000 residents
— 95% lower than the national average of ~380 per 100,000.
Violent Crime
17.6 /100k
Property Crime
326.7 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
New Madison is served primarily by Tri-Village Local.
The student-to-teacher ratio is 15.7:1
(better than the national average of ~16:1).
Metric
New Madison, OH
National Avg
School District
Tri-Village Local
—
Elementary Schools
1
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
15.7:1
16:1
Bachelor's Degree or Higher
14.1%
35.4%
High School Diploma or Higher
89.7%
91.1%
Weather & Climate
New Madison sees average highs of 35.1°F in January
and 84.6°F in July,
with 42.1 inches of annual precipitation
and 12.4 inches of snow per year.
New Madison's cost of living index is 89, where 100 is the national average.
That makes New Madison roughly 11% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $96,800 and median rent is $843/month.
New Madison's violent crime rate is 17.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 326.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New Madison are operated by Tri-Village Local.
The district has 1 elementary, several middle, and several high schools.
The student-to-teacher ratio is 15.7:1. 14.1% of adults 25+ hold a bachelor's degree or higher.
New Madison, OH has a population of 958, a median household income of $62,895, and an unemployment rate of 3.1%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Madison averages 35.1°F in January and 84.6°F in July. Annual rainfall is 42.1 inches
with about 12.4 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
New Madison, OH is covered by 1 ZIP code: 45346.
The population of New Madison, Ohio is 958 with a median age of 39.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Madison: cost of living index 89 (100 = US average), median home $96,800, median household income $62,895, crime index 9 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare New Madison side by side with your current city to see the trade-offs.
