MADISON LAKE, MN  56063

Total Population: 3,059

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Median Home Value

$396,000

Owner-occupied units

Median Household Income

$100,156

Across all households

Median Age

43.8 yrs

Across all residents

Bachelor's Degree+

39.5%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)92.5%
Two or More Races3.9%
Hispanic or Latino1.8%
Black (Non-Hispanic)1.0%
Asian (Non-Hispanic)0.5%
Other Race0.2%

Under 18 Years

26.0%

65 Years and Over

22.3%

Male

52.0%

Female

48.0%

U.S. Citizens (18+)

99.2%

No Health Insurance

Education

3 fields

High School Graduate or Higher (25+)

97.7%

Bachelor's Degree or Higher (25+)

39.5%

Enrolled in College (18+)

3.8%

Economics

6 fields

Median Household Income

$100,156

Mean Household Income

$135,595

Per Capita Income

$54,034

Unemployment Rate (16+)

4.2%

In Labor Force (19–64)

88.9%

SNAP / Food Stamps

3.6%

Housing & Households

13 fields

Median Home Value

$396,000

Median Rent

$848/mo

Total Housing Units

1,627

Owner-Occupied

82.0%

Renter-Occupied

18.0%

Vacancy Rate

25.5%

Married Couple Households

63.9%

Cohabiting Couple Households

5.0%

Male Householder, No Partner

16.9%

Female Householder, No Partner

14.3%

Average Household Size

2.52

Broadband Internet Access

90.4%

Housing Built Since 2010

11.6%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 56063.