Madison Lake is a city located in Minnesota. With a 2020 population of 1,220, it is the 325th largest city in Minnesota and the 9513th largest city in the United States. Madison Lake is currently growing at a rate of 1.75% annually and its population has increased by 19.96% since the most recent census, which recorded a population of 1,017 in 2010. Spanning over 1 miles, Madison Lake has a population density of 1,154 people per square mile.
The average household income in Madison Lake is $89,381 with a poverty rate of 9.82%. The median rental costs in recent years comes to $663 per month, and the median house value is $205,900. The median age in Madison Lake is 41.8 years, 42.2 years for males, and 41.4 years for females. For every 100 females there are 97.3 males.
According to the most recent ACS, the racial composition of Madison Lake was:
| Race | Population | Percentage |
|---|---|---|
| White | 881 | 94.02% |
| Black or African American | 25 | 2.67% |
| Two or More Races | 20 | 2.13% |
| Asian | 11 | 1.17% |
| Type | Count | Average Size | Owned |
|---|---|---|---|
| All | 418 | 2.24 | 72.7 |
| Married | 210 | 2.93 | 100 |
| Non Family | 157 | 1.18 | 47.8 |
| Female | 36 | 2.92 | 36.1 |
| Male | 15 | 2.13 | 40 |
| Education Attained | Count | Percentage |
|---|---|---|
| Less Than 9th Grade | 3 | 0.45% |
| 9th to 12th Grade | 18 | 2.69% |
| High School Graduate | 173 | 25.82% |
| Some College | 188 | 28.06% |
| Associates Degree | 92 | 13.73% |
| Bachelors Degree | 125 | 18.66% |
| Graduate Degree | 71 | 10.60% |
| Name | Total | High School | Bachelors |
|---|---|---|---|
| White | 627 | 606 | 192 |
| Black | 25 | 25 | |
| Asian | 11 | 11 | 4 |
| Hispanic | 7 | 7 |
The highest rate of high school graduation is among black people with a rate of 100.00%.
The highest rate of bachelors degrees is among asian people with a rate of 36.36%.
97.35% of Madison Lake residents speak only English, while 2.65% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.22% of the population.
| Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 866 | 85 | 9.82% |
| Hispanic | 15 | 7 | 46.67% |
9.82%
Overall Poverty Rate
10.82%
Male Poverty Rate
8.84%
Female Poverty Rate
The race most likely to be in poverty in Madison Lake is Hispanic, with 46.67% below the poverty level.
The race least likely to be in poverty in Madison Lake is White, with 9.82% 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 22.54%, and for those that did not work, the poverty rate was 16.28%.
55.5%
Overall Marriage Rate
53.2%
Male Marriage Rate
57.8%
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 35-44.
| Name | Veterans | % of Total |
|---|---|---|
| White | 66 | 9.39% |
9.09%
Veteran Poverty Rate
30.30%
Veteran Disability Rate
76.8%
Labor Force Participation
73.4%
Employment Rate
4.4%
Unemployment Rate
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
98.51%
Native Born
1.49%
Foreign Born
1.07%
Non Citizen
98.51% of Madison Lake residents were born in the United States, with 78.55% having been born in Minnesota. 1.07% 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 |
|---|---|---|---|
| 2020 | 1,220 | 21 | 1.75% |
| 2019 | 1,199 | 21 | 1.78% |
| 2018 | 1,178 | 19 | 1.64% |
| 2017 | 1,159 | 21 | 1.85% |
| 2016 | 1,138 | 39 | 3.55% |
| 2015 | 1,099 | 30 | 2.81% |
| 2014 | 1,069 | 4 | 0.38% |
| 2013 | 1,065 | 8 | 0.76% |
| 2012 | 1,057 | 20 | 1.93% |
| 2011 | 1,037 | 8 | 0.78% |
| 2010 | 1,029 | 0.00% |