Madison, MN

Comprehensive Demographic, Economic, and Housing Data Profile

Living in Madison, MN: Quick Facts & Overview

  • Population: 1,550 residents (570 people per sq. mi.)
  • Average House Price: $98,448
  • Average Household Income: $61,172

Madison, MN is located in the state of Minnesota. It is home to about 1,550 people, with around 570 residents living in every square mile.

If you want to buy a house in Madison, the average price is around $98,448. That makes local housing 62% lower than the Minnesota average of $260,056, and 68% lower than the national average of $308,592.

The average household in Madison earns about $61,172 a year. This income is 25% lower than the average family in Minnesota ($82,068), and 22% lower than the national average ($78,686).

Population 1,550
Median Household Income $61,172
Median Home Value $98,448
Median Age 51.3 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$34,958
Labor Force Participation51.8%
Unemployment Rate2.6%
Average Commute Time15.2 mins

Housing & Community Metrics

Home Ownership Rate73.1%
Median Rent$838
Rent Burdened (>30% Income)31.8%
Total Housing Units737

Additional Census & Housing Profile

Geographic Overview

CountyLac qui Parle
County FIPS27073
Metro Area (CBSA)-
Population Density570.1/sq mi
Coordinates (lat/lng)45.0127, -96.1890
TimezoneAmerica/Chicago
National Ranking3
IncorporatedYes

Household Structure

Average Family Size2.55
Dual Income Families34.4%

Marital Status

Married45.9%
Never Married24.6%
Divorced17.2%
Widowed12.3%

Gender

Male47.9%
Female52.1%

Health & Poverty

Uninsured Rate (Health)2.0%
Poverty Rate9.9%

Key Population Groups

Veterans10.5%
Disabled Population21.8%
Limited English Proficiency-

All ZIP Codes in Madison

ZIP Code Population Median Household Income Median Home Value
56256 2,446 $65,521 $125,044

Nearby Cities

City Distance Population
Dawson, MN 8.9 miles 1,513
Bellingham, MN 9.7 miles 146
Marietta, MN 11.2 miles 166
Milan, MN 15.2 miles 564
Appleton, MN 15.3 miles 1,393
Boyd, MN 18 miles 172
Watson, MN 19 miles 200
Gary, SD 20 miles 246
Canby, MN 20.9 miles 1,556
St. Leo, MN 21.5 miles 153
Montevideo, MN 23.5 miles 5,315
Ortonville, MN 23.5 miles 2,028
Big Stone City, SD 23.9 miles 706
Clarkfield, MN 24.1 miles 913
Porter, MN 25.6 miles 191
Milbank, SD 26 miles 3,525
Danvers, MN 28.1 miles 126
Clear Lake, SD 29.4 miles 1,327
Taunton, MN 29.6 miles 128
Minneota, MN 32.7 miles 1,594
Clinton, MN 33.5 miles 281
Goodwin, SD 33.6 miles 101
Granite Falls, MN 34.8 miles 2,685
Benson, MN 35.3 miles 3,441
Hanley Falls, MN 35.6 miles 248
Maynard, MN 36 miles 234
Astoria, SD 36 miles 142
Kranzburg, SD 36.2 miles 175
Hendricks, MN 36.7 miles 517
South Shore, SD 36.7 miles 183
Cottonwood, MN 37.6 miles 1,061
Ghent, MN 37.6 miles 439
Toronto, SD 37.7 miles 238
Ivanhoe, MN 37.9 miles 609
Hancock, MN 38.6 miles 859
Chokio, MN 38.7 miles 392
Clara City, MN 40.3 miles 1,466
Graceville, MN 40.3 miles 564
Wood Lake, MN 40.6 miles 368
Murdock, MN 41.4 miles 331
Morris, MN 41.9 miles 5,128
Wilmot, SD 42.4 miles 381
Marshall, MN 43.6 miles 13,896
Sacred Heart, MN 44 miles 481
Kerkhoven, MN 44.2 miles 802
Lynd, MN 45.1 miles 428
Beardsley, MN 45.5 miles 229
White, SD 45.7 miles 484
Castlewood, SD 45.8 miles 804
Estelline, SD 46.1 miles 831
Summit, SD 46.1 miles 359
Raymond, MN 46.5 miles 692
Echo, MN 46.8 miles 197
Cyrus, MN 47 miles 355
Donnelly, MN 47.5 miles 277
Watertown, SD 47.7 miles 23,044
Prinsburg, MN 49.3 miles 651
Russell, MN 49.3 miles 346
Dumont, MN 50 miles 140
Pennock, MN 50.3 miles 549
Renville, MN 50.5 miles 1,503
Peever Flats, SD 50.6 miles 119
Belview, MN 50.7 miles 362
Browns Valley, MN 50.9 miles 382