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.
According to the most recent ACS, the racial composition of Madison Lakewas:
Race | Population | Percentage |
---|---|---|
White | 1,049 | 97.04% |
Asian | 6 | 0.56% |
Two or More Races | 26 | 2.41% |
Type | Count | Average Size | Owned |
---|---|---|---|
All | 457 | 2.37 | 70.7 |
Married | 247 | 3 | 83 |
Male | 30 | 2.67 | 33.3 |
Female | 40 | 2.5 | 42.5 |
Non Family | 140 | 1.15 | 65 |
2.85
Average Family Size
2.37
Average Household Size
Education Attained | Count | Percentage |
---|---|---|
Less Than 9th Grade | 5 | 0.69% |
9th to 12th Grade | 16 | 2.19% |
High School Graduate | 130 | 17.83% |
Some College | 163 | 22.36% |
Associates Degree | 126 | 17.28% |
Bachelors Degree | 182 | 24.97% |
Graduate Degree | 107 | 14.68% |
Race | Total | High School | Bachelors |
---|---|---|---|
Asian | 6 | 6 | 3 |
White | 719 | 698 | 286 |
Hispanic | 4 | 4 |
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%.
$50,806
Average Earnings
$53,542
Average Male
$48,958
Average Female
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.
Name | Total | In Poverty | Poverty Rate |
---|---|---|---|
White | 1,030 | 55 | 5.34% |
Other | NaN% | ||
Hispanic | 19 | 4 | 21.05% |
5.46%
Overall Poverty Rate
7.03%
Male Poverty Rate
4.12%
Female Poverty Rate
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%.
57.7%
Overall Marriage Rate
58.7%
Male Marriage Rate
56.7%
Female Marriage Rate
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.
Name | Veterans | % of Total |
---|---|---|
White | 52 | 6.35% |
3.85%
Veteran Poverty Rate
40.38%
Veteran Disability Rate
76.3%
Labor Force Participation
74.4%
Employment Rate
2.5%
Unemployment Rate
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
81.87%
Born in Madison Lake
98.98%
Native Born
1.02%
Foreign Born
0.56%
Non Citizen
0.46%
Naturalized
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.
Year | Population | Growth | Annual Growth Rate |
---|---|---|---|
2010 | 1,026 | 0.00% | |
2011 | 1,034 | 8 | 0.78% |
2012 | 1,054 | 20 | 1.93% |
2013 | 1,062 | 8 | 0.76% |
2014 | 1,066 | 4 | 0.38% |
2015 | 1,096 | 30 | 2.81% |
2016 | 1,136 | 40 | 3.65% |
2017 | 1,157 | 21 | 1.85% |
2018 | 1,175 | 18 | 1.56% |
2019 | 1,174 | -1 | -0.09% |
2020 | 1,173 | -1 | -0.09% |
2021 | 1,172 | -1 | -0.09% |
2022 | 1,171 | -1 | -0.09% |