Madison Lake
Madison Lake has notably lower household income than the US average, with a median household income of $21,875. Population has fallen 26% since 2000, a loss of 216 residents. Median home value is $53,500. At a median age of 28.3, residents skew younger than the country as a whole. Households here earn about 29% less than the Minnesota median.
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How many people live in Madison Lake, Minnesota?
Madison Lake, Minnesota has about 621 residents according to the 1990 Census.
What is the median household income in Madison Lake, Minnesota?
The typical household in Madison Lake, Minnesota earns about $21,875 a year. Half of households make more than that, and half make less.
Is Madison Lake, Minnesota expensive?
In Madison Lake, Minnesota, the median home is worth about $53,500, and the typical rent is about $365 a month.
How educated are people in Madison Lake, Minnesota?
About 14.8% of adults age 25 and over in Madison Lake, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Madison Lake, Minnesota?
About 10.8% of people in Madison Lake, Minnesota live below the federal poverty line.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024