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Madison city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Madison city, Minnesota has a total population of 1,507, the 300th largest city in Minnesota, with a median household income of $56,435, which is 36% lower than the state average. The poverty rate is 11.9%.

Key Takeaways

Madison city Quick Facts

Population 1,507
Median Household Income $56,435
Median Home Value $104,600
Poverty Rate 11.9%
Unemployment Rate 1.1%
Median Age 54.2 years
Homeownership Rate 70.7%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 18.9%
High School Graduation Rate 95.5%
Diversity Index 5/100
Population 1,507 300th of 913
Median Income $56,435 bottom 30%
Poverty Rate 11.9% 5% lower national
Median Home Value $104,600 bottom 30%

How Madison city Compares

Economy & Housing

Employment

1.1% Unemployment Rate State: 3.9% | National: 5.2%
52.9% Labor Force Participation

Housing Overview

Owner 70.7%
Renter 29.3%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

5out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Madison city Rankings in Minnesota

#300 Population of 913
#634 Median Income of 913
#491 Education of 913
#668 Home Value of 913

Other Cities in Lac qui Parle County

CityPopulationMedian IncomePovertyHome Value
Dawson city 1,441 $70,286 7.2% $118,800
Boyd city 186 $54,500 29.0% $26,100
Marietta city 172 $34,167 42.2% $62,500
Bellingham city 152 $52,083 6.1% $52,700
Nassau city 50 $70,000 12.0% $46,000
Louisburg city 21 $49,792 4.8% $73,000

Cities Similar to Madison city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Red Lake CDP1,506$55,092$136,00010.3%40.9%
Clara City city1,497$58,431$116,50014.0%9.8%
Pierz city1,581$55,438$155,70019.8%12.8%
Canby city1,563$58,839$131,80017.4%12.0%
St. John's University CDP1,615N/AN/A80.9%31.3%

Population Overview

Madison city is a small community located in Minnesota, within Lac qui Parle County. The total population is 1,507. It ranks as the 300th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Madison city is 54.2 years. This is 40% higher than the state median of 38.6 years. 21.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Madison city is $56,435. This is 36% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 28% lower. The poverty rate stands at 11.9%. This is 29% higher than the state poverty rate of 9.2%. The unemployment rate is 1.1%. This is 73% lower than the state rate of 3.9%. The median home value is $104,600. Housing costs are 66% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.9x, Madison city is one of the most affordable housing markets in the area. 70.7% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 72.4%.

Race & Ethnicity

Madison city has a predominantly White (non-Hispanic) population, comprising 97.3% of all residents. Asian residents account for 0.5%. The Black or African American population (0.1%) is well below the state average of 6.7%. The Hispanic or Latino population (0.5%) is well below the state average of 6.2%. The Asian population (0.5%) is well below the state average of 5.0%.

Education

18.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 51% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.5%.

Data Sources & Methodology

All demographic data for Madison city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Madison city, Minnesota?

Madison city, Minnesota has a population of 1,507 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Madison city, MN?

The median household income in Madison city is $56,435, which is 28% lower the national median of $78,538.

What is the poverty rate in Madison city, MN?

The poverty rate in Madison city is 11.9%. This means approximately 171 residents live below the federal poverty line.

What is the racial makeup of Madison city, Minnesota?

Madison city's population is 97.3% White, 0.1% Black, 0.5% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Madison city, MN?

The median home value in Madison city is $104,600. The home-value-to-income ratio is 1.9x.

How educated is Madison city, Minnesota?

18.9% of adults (25+) in Madison city hold a bachelor's degree or higher, and 4.2% hold a graduate or professional degree.