Madison Lake, Minnesota Population 2022

1,171
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Madison Lake is a city located in Blue Earth County Minnesota. Madison Lake has a 2020 population of 1,171. Madison Lake is currently declining at a rate of -0.09% annually but its population has increased by 14.13% since the most recent census, which recorded a population of 1,026 in 2010.

The average household income in Madison Lake is $93,652 with a poverty rate of 5.46%. The median rental costs in recent years comes to $750 per month, and the median house value is $206,400. The median age in Madison Lake is 40.1 years, 39.4 years for males, and 40.5 years for females.

Madison Lake Demographics

According to the most recent ACS, the racial composition of Madison Lakewas:

  • White: 97.04%
  • Two or more races: 2.41%
  • Asian: 0.56%
  • Black or African American: 0.00%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
The current population of Madison Lake, Minnesota is 1,171 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 1,171.The last official US Census in 2010 recorded the population at 1,026.

Madison Lake, Minnesota Population 2022

Population by Race

Race Population Percentage
White1,04997.04%
Asian60.56%
Two or More Races262.41%
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Madison Lake Population by Race

Madison Lake Population Pyramid 2022

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Madison Lake Median Age

39.3


Total

39.3


Male

39.3


Female

Madison Lake Adults

There are 825 adults, (152 of whom are seniors) in Madison Lake.

Madison Lake Age Dependency

Age Dependency Ratio

22.6

Old Age Dependency Ratio

38

Child Dependency Ratio

Madison Lake Sex Ratio

Female

583

53.93%

Male

498

46.07%

Madison Lake Population by Age

Madison Lake Renter vs Owner Occupied by Household Type

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Madison Lake Household Types

Type Owner Renter
Married83%17%
All70.7%29.3%
Non Family65%35%
Female42.5%57.5%
Male33.3%66.7%

70.7%

Rate of Home Ownership

Madison Lake Households and Families

Type Count Average Size Owned
All4572.3770.7
Married247383
Male302.6733.3
Female402.542.5
Non Family1401.1565

2.85

Average Family Size

2.37

Average Household Size

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Madison Lake Households by Type

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Education Attained Count Percentage
Less Than 9th Grade50.69%
9th to 12th Grade162.19%
High School Graduate13017.83%
Some College16322.36%
Associates Degree12617.28%
Bachelors Degree18224.97%
Graduate Degree10714.68%
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Madison Lake Educational Attainment by Sex (over 25)

Madison Lake Educational Attainment by Race

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Race Total High School Bachelors
Asian663
White719698286
Hispanic44

The highest rate of high school graduation is among asian people with a rate of 100.00%.

The highest rate of bachelors degrees is among asian people with a rate of 50.00%.

Madison Lake Educational Attainment by Race

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Name Average Male Female
Overall$50,806$53,542$48,958
Less Than 9th Grade$22,917$$
High School Graduate$42,885$46,250$28,438
Some College$52,500$61,125$45,469
Bachelors Degree$52,035$88,750$50,799
Graduate Degree$44,597$43,911$74,583

$50,806

Average Earnings

$53,542

Average Male

$48,958

Average Female

Madison Lake Earnings by Educational Attainment

Madison Lake Language by Age

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Madison Lake Language

97.37% of Madison Lake residents speak only English, while 2.63% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.85% of the population.

Madison Lake Language

Madison Lake Poverty by Race

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Name Total In Poverty Poverty Rate
White1,030555.34%
OtherNaN%
Hispanic19421.05%

5.46%

Overall Poverty Rate

7.03%

Male Poverty Rate

4.12%

Female Poverty Rate

Poverty in Madison Lake

The race most likely to be in poverty in Madison Lake is White, with 5.34% below the poverty level.

The race least likely to be in poverty in Madison Lake is Hispanic, with 21.05% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 16.38%, and for those that did not work, the poverty rate was 8.96%.

Madison Lake Poverty

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Name Poverty
Less Than 9th Grade0.00%
High School13.08%
Some College3.81%
Bachelors or Greater2.08%

Madison Lake Poverty Rate by Education

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Rate Poverty
Male Employed1.17%
Male Unemployed100.00%
Female Employed1.39%
Female Unemployed50.00%

Madison Lake Poverty Rate by Employment Status and Sex

Madison Lake Income by Household Type

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Name Median Mean
Households$90,893$97,912
Families$94,315$112,417
Married Families$117,159-
Non Families$48,409$59,156
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Income by Household Type

Madison Lake Marital Status

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Marriage Rates

57.7%

Overall Marriage Rate

58.7%

Male Marriage Rate

56.7%

Female Marriage Rate

Madison Lake Married by Age and Sex

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Madison Lake Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 45-54.

Madison Lake Marital Status by Race

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Madison Lake Marital Status

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52

Number of Veterans

Male Veterans

Female Veterans

War Veterans
Second Gulf War13
First Gulf War3
Vietnam28
Korea2
World War II

Madison Lake Veterans by War

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Age Group Veterans
18 to 344
35 to 5413
55 to 645
65 to 7427
75+3

Madison Lake Veterans by Age

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Madison Lake Veterans by Race

Madison Lake Veterans by Education

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3.85%

Veteran Poverty Rate

40.38%

Veteran Disability Rate

Madison Lake Veterans by Education

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76.3%

Labor Force Participation

74.4%

Employment Rate

2.5%

Unemployment Rate

Madison Lake Employment by Age

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Madison Lake Employment by Race

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Madison Lake Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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81.87%

Born in Madison Lake

98.98%

Native Born

1.02%

Foreign Born

0.56%

Non Citizen

0.46%

Naturalized

Place of Birth

98.98% of Madison Lake residents were born in the United States, with 81.87% having been born in Minnesota. 0.56% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Madison Lake Place of Birth

Note: 2021 and 2022 data is projected
Year Population Growth Annual Growth Rate
20101,0260.00%
20111,03480.78%
20121,054201.93%
20131,06280.76%
20141,06640.38%
20151,096302.81%
20161,136403.65%
20171,157211.85%
20181,175181.56%
20191,174-1-0.09%
20201,173-1-0.09%
20211,172-1-0.09%
20221,171-1-0.09%

Madison Lake Population by Year