Madison Lake, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Madison Lake, MN: Quick Facts & Overview
- Population: 1,322 residents (372 people per sq. mi.)
- Average House Price: $317,791
- Average Household Income: $87,727
Madison Lake, MN is located in the state of Minnesota. It is home to about 1,322 people, with around 372 residents living in every square mile.
If you want to buy a house in Madison Lake, the average price is around $317,791. That makes local housing 22% higher than the Minnesota average of $260,056, and 3% higher than the national average of $308,592.
The average household in Madison Lake earns about $87,727 a year. This income is 7% higher than the average family in Minnesota ($82,068), and 11% higher than the national average ($78,686).
Population
1,322
Median Household Income
$87,727
Median Home Value
$317,791
Median Age
40.0 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $48,750 |
| Labor Force Participation | 69.7% |
| Unemployment Rate | 4.4% |
| Average Commute Time | 23.1 mins |
Housing & Community Metrics
| Home Ownership Rate | 68.9% |
| Median Rent | $596 |
| Rent Burdened (>30% Income) | 25.6% |
| Total Housing Units | 572 |
Additional Census & Housing Profile
Geographic Overview
| County | Blue Earth |
| County FIPS | 27013 |
| Metro Area (CBSA) | Mankato, MN |
| Combined Area (CSA) | Mankato-New Ulm, MN |
| Population Density | 372.1/sq mi |
| Coordinates (lat/lng) | 44.2074, -93.8175 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.02 |
| Dual Income Families | 57.0% |
Marital Status
| Married | 55.0% |
| Never Married | 29.7% |
| Divorced | 7.1% |
| Widowed | 8.2% |
Gender
| Male | 49.2% |
| Female | 50.8% |
Health & Poverty
| Uninsured Rate (Health) | 3.2% |
| Poverty Rate | 6.8% |
Key Population Groups
| Veterans | 5.8% |
| Disabled Population | 11.6% |
| Limited English Proficiency | - |
All ZIP Codes in Madison Lake
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 56063 | 3,221 | $102,391 | $413,309 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Eagle Lake, MN | 4.4 miles | 3,281 |
| Elysian, MN | 7 miles | 676 |
| Janesville, MN | 8.1 miles | 2,378 |
| Cleveland, MN | 8.1 miles | 563 |
| Mankato, MN | 8.3 miles | 45,473 |
| St. Clair, MN | 8.8 miles | 710 |
| Kasota, MN | 9.5 miles | 554 |
| North Mankato, MN | 11.1 miles | 14,211 |
| St. Peter, MN | 11.2 miles | 12,185 |
| Skyline, MN | 11.7 miles | 307 |
| Waterville, MN | 12.1 miles | 1,947 |
| Le Center, MN | 13.1 miles | 2,513 |
| Pemberton, MN | 13.8 miles | 223 |
| Kilkenny, MN | 14.2 miles | 125 |
| Waseca, MN | 17.8 miles | 9,164 |
| Morristown, MN | 18.5 miles | 1,265 |
| Le Sueur, MN | 18.6 miles | 4,215 |
| Good Thunder, MN | 18.7 miles | 456 |
| Nicollet, MN | 18.9 miles | 957 |
| Waldorf, MN | 19.9 miles | 171 |
| Montgomery, MN | 20.2 miles | 3,434 |
| Mapleton, MN | 20.6 miles | 1,728 |
| Garden City, MN | 20.7 miles | 194 |
| Lake Crystal, MN | 21.1 miles | 2,606 |
| Heidelberg, MN | 21.9 miles | 235 |
| Warsaw, MN | 22.1 miles | 560 |
| Henderson, MN | 22.6 miles | 875 |
| Vernon Center, MN | 24.2 miles | 329 |
| Minnesota Lake, MN | 25.3 miles | 687 |
| New Prague, MN | 26.3 miles | 8,237 |
| Courtland, MN | 26.5 miles | 770 |
| Lonsdale, MN | 27 miles | 4,896 |
| New Richland, MN | 27 miles | 1,184 |
| Faribault, MN | 27.4 miles | 24,631 |
| Amboy, MN | 27.8 miles | 602 |
| Medford, MN | 28.4 miles | 1,257 |
| Belle Plaine, MN | 28.6 miles | 7,423 |
| Owatonna, MN | 30.2 miles | 26,498 |
| Arlington, MN | 30.5 miles | 2,065 |
| Searles, MN | 30.7 miles | 201 |
| Easton, MN | 30.8 miles | 178 |
| Gaylord, MN | 31 miles | 2,073 |
| Madelia, MN | 31.8 miles | 2,327 |
| Delavan, MN | 32 miles | 160 |
| Wells, MN | 32.4 miles | 2,296 |
| Hartland, MN | 32.4 miles | 422 |
| Jordan, MN | 32.9 miles | 6,771 |
| Lafayette, MN | 32.9 miles | 484 |
| New Ulm, MN | 33 miles | 14,056 |
| Freeborn, MN | 33 miles | 348 |
| Hanska, MN | 33.8 miles | 380 |
| Dundas, MN | 33.9 miles | 1,916 |
| Green Isle, MN | 34 miles | 466 |
| Elko New Market, MN | 34.3 miles | 5,002 |
| Ellendale, MN | 34.6 miles | 754 |
| Winnebago, MN | 35.3 miles | 1,280 |
| Winthrop, MN | 35.4 miles | 1,381 |
| Northfield, MN | 36.3 miles | 20,742 |
| Lewisville, MN | 36.3 miles | 255 |
| Hamburg, MN | 37 miles | 547 |
| New Auburn, MN | 38.1 miles | 436 |
| Geneva, MN | 38.1 miles | 387 |
| Nerstrand, MN | 38.4 miles | 215 |
| Credit River, MN | 38.8 miles | 5,551 |
| Cologne, MN | 38.9 miles | 2,282 |
| Alden, MN | 39.1 miles | 629 |
| Clarks Grove, MN | 39.2 miles | 636 |
| Norwood Young America, MN | 39.3 miles | 3,849 |
| Carver, MN | 39.4 miles | 6,239 |
| Prior Lake, MN | 40.2 miles | 28,016 |
| Truman, MN | 40.4 miles | 1,212 |
| Plato, MN | 40.5 miles | 242 |
| Dennison, MN | 41.3 miles | 223 |
| Kenyon, MN | 41.4 miles | 1,824 |
| Gibbon, MN | 41.5 miles | 918 |
| Blue Earth, MN | 41.6 miles | 3,165 |
| Glencoe, MN | 42.2 miles | 5,695 |
| Claremont, MN | 42.2 miles | 502 |
| Shakopee, MN | 42.6 miles | 46,012 |
| Lakeville, MN | 42.8 miles | 74,354 |
| St. James, MN | 43 miles | 4,767 |
| Chaska, MN | 43.3 miles | 28,706 |
| Hollandale, MN | 43.4 miles | 340 |
| Frost, MN | 43.4 miles | 275 |
| Savage, MN | 43.9 miles | 32,889 |
| Waconia, MN | 43.9 miles | 13,434 |
| Albert Lea, MN | 44.3 miles | 18,330 |
| Granada, MN | 44.3 miles | 243 |
| Blooming Prairie, MN | 44.5 miles | 1,843 |
| Farmington, MN | 44.6 miles | 23,902 |
| Bricelyn, MN | 44.7 miles | 392 |
| Brownton, MN | 44.8 miles | 546 |
| Northrop, MN | 44.8 miles | 240 |
| Randolph, MN | 45.1 miles | 461 |
| Sleepy Eye, MN | 45.3 miles | 3,444 |
| West Concord, MN | 45.6 miles | 843 |
| Victoria, MN | 46 miles | 11,295 |
| Chanhassen, MN | 46.5 miles | 26,006 |
| Kiester, MN | 46.7 miles | 494 |
| Burnsville, MN | 46.8 miles | 64,463 |