Madeira is a somewhat small city located in the state of Ohio. With a population of 9,487 people and two constituent neighborhoods, Madeira is the 186th largest community in Ohio.
Madeira home prices are not only among the most expensive in Ohio, but Madeira real estate also consistently ranks among the most expensive in America.
Madeira is a decidedly white-collar city, with fully 96.10% of the workforce employed in white-collar jobs, well above the national average. Overall, Madeira is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Madeira who work in management occupations (23.09%), business and financial occupations (11.69%), and teaching (11.25%).
Also of interest is that Madeira has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 19.08% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Madeira is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Madeira is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Madeira’s overall crime rate is lower than average for the country.
If knowledge is power, Madeira is a pretty powerful place. 74.25% of the adults in Madeira have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Madeira in 2018 was $63,269, which is wealthy relative to Ohio and the nation. This equates to an annual income of $253,076 for a family of four.
The people who call Madeira home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Madeira residents report their race to be White, followed by Asian. Important ancestries of people in Madeira include German, Irish, English, Italian, and French.
The most common language spoken in Madeira is English. Other important languages spoken here include Spanish and Langs. of India.