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Madison Lake city, Minnesota Demographics & Population 2026

As of 2026, Madison Lake city, Minnesota has a total population of 1,178, the 336th largest city in Minnesota, with a median household income of $84,833, which is 3% lower than the state average. The poverty rate is 6.7%.

Madison Lake city Quick Facts

Population 1,178
Median Household Income $84,833
Median Home Value $281,300
Poverty Rate 6.7%
Unemployment Rate 3.9%
Median Age 39.2 years
Homeownership Rate 68.9%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 36.9%
High School Graduation Rate 96.9%
Diversity Index 9/100
Population 1,178 336th of 913
Median Income $84,833 top 30%
Poverty Rate 6.7% 46% lower national
Median Home Value $281,300 top 20%

How Madison Lake city Compares

Economy & Housing

Employment

3.9% Unemployment Rate State: 3.9% | National: 5.2%
74.6% Labor Force Participation

Housing Overview

Owner 68.9%
Renter 31.1%
Affordability Index Affordable
3.3x home value to income ratio

People & Demographics

Diversity Index

9out 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 Lake city Rankings in Minnesota

#336 Population of 913
#247 Median Income of 913
#139 Education of 913
#177 Home Value of 913

Other Cities in Blue Earth County

CityPopulationMedian IncomePovertyHome Value
Crystal city 22,685 $86,752 7.8% $280,500
Eagle Lake city 3,268 $97,161 5.9% $249,600
Lake Crystal city 2,530 $77,979 11.0% $193,800
Mapleton city 1,745 $82,031 13.3% $176,400
St. Clair city 785 $101,375 4.1% $200,800
Amboy city 553 $78,214 11.9% $125,300
Good Thunder city 423 $71,818 8.5% $169,900
Vernon Center city 326 $68,750 3.4% $130,400
Skyline city 266 $96,250 5.6% $287,500
Pemberton city 236 $54,750 10.7% $155,000

Cities Similar to Madison Lake city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wanamingo city1,185$85,000$247,40024.1%15.2%
Elgin city1,147$87,000$218,20023.5%6.5%
Goodhue city1,261$86,731$230,30019.0%15.2%
Cottonwood city1,120$90,750$180,20027.1%8.2%
Shafer city1,151$96,042$225,70016.0%7.1%

Population Overview

Madison Lake city is a small community located in Minnesota, within Blue Earth County. The total population is 1,178. It ranks as the 336th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Madison Lake city is 39.2 years. This is 2% higher than the state median of 38.6 years. With 28.9% of the population under 18, Madison Lake city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Madison Lake city is $84,833. This is 3% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 8% higher. The poverty rate stands at 6.7%. This is 27% lower than the state poverty rate of 9.2%. The unemployment rate is 3.9%. The median home value is $281,300. Housing costs are 8% lower than the state median of $305,500. The home-value-to-income ratio is 3.3x. 68.9% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 72.4%.

Race & Ethnicity

Madison Lake city has a predominantly White (non-Hispanic) population, comprising 95.2% of all residents. Black or African American residents account for 1.4%. The Black or African American population (1.4%) 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%.

Education

36.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% 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 96.9%. Notably, 15.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Madison Lake 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 Lake city, Minnesota?

Madison Lake city, Minnesota has a population of 1,178 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Madison Lake city is $84,833, which is 8% higher the national median of $78,538.

What is the poverty rate in Madison Lake city, MN?

The poverty rate in Madison Lake city is 6.7%. This means approximately 79 residents live below the federal poverty line.

What is the racial makeup of Madison Lake city, Minnesota?

Madison Lake city's population is 95.2% White, 1.4% Black, 0.5% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Madison Lake city is $281,300. The home-value-to-income ratio is 3.3x.

How educated is Madison Lake city, Minnesota?

36.9% of adults (25+) in Madison Lake city hold a bachelor's degree or higher, and 15.6% hold a graduate or professional degree.