Madison Lake city, Minnesota
CityPopulation: 1,178 (2023 estimate)
Census Bureau data for Madison Lake city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Madison Lake city
- What is the median household income in Madison Lake city?
- The median household income in Madison Lake city is $84,833 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Madison Lake city?
- The poverty rate in Madison Lake city is 5.4% (U.S. Census Bureau ACS 2023).
- What is the median home value in Madison Lake city?
- $281,300 (U.S. Census Bureau ACS 2023).
- What is the average rent in Madison Lake city?
- The median gross rent in Madison Lake city is $829 per month (U.S. Census Bureau ACS 2023).
- What percentage of Madison Lake city residents have a college degree?
- 36.9% of adults in Madison Lake city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,178
Median Income
$84,833
Median Home Value
$281,300
Poverty Rate
5.4%
Unemployment (ACS 2023)
3.9%
Median Age
39.0 yrs
Since 2019
Median Income:
$-917 (-1.1%)
Home Value:
+$74,700 (+36.2%)
Poverty Rate:
-2.5 pp (-31.6%)
Bachelor's+:
+4.4 pp (+13.5%)
Unemployment:
-0.9 pp (-18.8%)
Demographics
Total Population
1,178
Median Age
39.0
Female
49.6%
Race & Ethnicity
Hispanic or Latino 0.5%
White (non-Hisp.) 95.2%
Black 1.4%
Two or More 3.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$84,833
±$16,112
-$2,723 vs. state
Per Capita Income
$113,879
Median Family Income
$107,083
Poverty Rate
5.4%
-0.1 pp vs. state
Child Poverty Rate
3.6%
Working-Age Poverty Rate
—
SNAP Recipients
6.6%
Social Security Income
—
Retirement Income
29.5%
Household Income Distribution
< $10k
4.8%
$10–15k
2.5%
$15–25k
3.1%
$25–35k
7.3%
$35–50k
7.5%
$50–75k
16.4%
$75–100k
15.4%
$100–150k
18.9%
$150–200k
15.1%
$200k+
9.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
669
Owner-Occupied
68.9%
Renter-Occupied
31.1%
Vacancy Rate
28.0%
Median Home Value
$281,300
-$24,200 vs. state
Median Gross Rent
$829
Owner Cost Burden (30%+)
19.5%
Renter Cost Burden (30%+)
33.8%
Home Value Distribution
< $50k
0.6%
$50–100k
4.8%
$100–200k
3.6%
$200–300k
36.4%
$300–500k
32.8%
$500k–$1M
7.5%
$1M+
2.1%
Gross Rent Distribution
< $500
28.5%
$500–1k
50.8%
$1–1.5k
14.6%
$1.5–2k
3.8%
$2–2.5k
2.3%
Vehicle Availability
1 vehicle
23.9%
2 vehicles
55.6%
3+
20.5%
Housing Type
Single-fam. det.
66.7%
Single-fam. att.
14.2%
2–4 units
3.3%
5–19 units
0.9%
Mobile home
4.8%
Housing Age
Pre-1940
17.2%
1940–1969
8.5%
1970–1999
5.8%
2000–2009
17.2%
2010+
16.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
96.9%
Bachelor's or Higher
36.9%
-1.9 pp vs. state
Graduate Degree
15.6%
Some College / Associate
19.0%
Less Than High School
1.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
74.6%
Unemployment Rate
3.9%
+0.0 pp vs. state
Work from Home
13.5%
Self-Employed
2.9%
Government Workers
13.6%
Private For-Profit
83.4%
Industry
Edu/Health
29.1%
Manufacturing
17.0%
Retail
10.1%
Arts/Entmt.
9.7%
Construction
7.1%
Prof. Services
7.0%
Public Admin
5.2%
Transportation
2.9%
Finance
2.8%
Wholesale
2.4%
Information
1.8%
Occupation
Management
46.9%
Production
16.6%
Food Prep
15.3%
Sales
12.2%
Construction
9.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
22.2 min
Drove Alone
77.6%
Carpool
3.8%
Public Transit
0.0%
Work from Home
13.5%
Walked
4.5%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
482
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
52.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
21.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.7%
5–9
11.7%
10–14
6.9%
15–19
6.2%
20–24
1.1%
25–34
12.9%
35–44
13.6%
45–54
11.6%
55–64
4.8%
65–74
7.0%
75–84
13.7%
85+
3.3%
Under 18: 28.9%
Working age (18–64): 71.1%
65 and over: 17.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
0.3%
Naturalized Citizen
100.0%
Speaks English Less Than Very Well
0.0%
Veterans & Disability
Veteran
6.0%
With a Disability
10.9%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.4%
Uninsured
1.6%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
91.3%
Has a Computer
96.9%
Same House 1 Year Ago
93.2%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023