Madison Lake, Minnesota Population 2024

1,306

Madison Lake is a city located in Blue Earth County Minnesota. Madison Lake has a 2024 population of 1,306. Madison Lake is currently growing at a rate of 1.01% annually and its population has increased by 4.15% since the most recent census, which recorded a population of 1,254 in 2020.

The average household income in Madison Lake is $123,015 with a poverty rate of 2.1%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Madison Lake is 40.2 years, 40.6 years for males, and 39.7 years for females.

Madison Lake Demographics

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

  • White: 92.52%
  • Two or more races: 7.31%
  • Asian: 0.17%
  • Black or African American: 0%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
1.1 sq mi
Density (mi²)
1,235.80/sq mi
Growth Since 2020
4.15% (52)
The current population of Madison Lake, Minnesota is 1,306 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 1,254.

Madison Lake, Minnesota Population 2024

Population by Race

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Race
Population
Percentage (of total)
White1,10192.52%
Two or more races877.31%
Asian20.17%
Black or African American00%
Native American00%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Two or more races

Asian

Black or African American

Native American

Native Hawaiian or Pacific Islander

Other race

Madison Lake Population by Race

Madison Lake Population Pyramid 2024

Madison Lake Median Age

40.2

Total

40.6

Male

39.7

Female

Madison Lake Adults

There are 861 adults, (191 of whom are seniors) in Madison Lake.

Madison Lake Age Dependency

77.6

Age Dependency Ratio

28.5

Old Age Dependency Ratio

49.1

Child Dependency Ratio

Madison Lake Sex Ratio

Female63653.45%
Male55446.55%

Madison Lake Population by Age

Madison Lake Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All4872.4472.127.9
Married2733.1384.215.8
Non Family1631.1757.142.9
Female262.5461.538.5
Male253.124852

3.02

Average Family Size

2.44

Average Household Size

72.1%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Madison Lake Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Madison Lake Educational Attainment by Sex (over 25)

Madison Lake Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among asian people with a rate of 100%.

The highest rate of bachelors degrees is among asian people with a rate of 100%.

Madison Lake Educational Attainment by Race

All

Male

Female

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$58,218

Average Earnings

$59,000

Average Male

$57,852

Average Female

Madison Lake Earnings by Educational Attainment

Madison Lake Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Madison Lake Language

99.47% of Madison Lake residents speak only English, while 0.53% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0.27% of the population.

Madison Lake Language

Madison Lake Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White1,095252.28%

2.1%

Overall Poverty Rate

0.36%

Male Poverty Rate

3.62%

Female Poverty Rate

Poverty in Madison Lake

The race most likely to be in poverty in Madison Lake is White, with 2.28% below the poverty level.

The race least likely to be in poverty in Madison Lake is White, with 2.28% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.59%. Among those working part-time, it was 3.24%, and for those that did not work, the poverty rate was 9.55%.

Madison Lake Poverty

rate

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Rate
Poverty
High School8.07%
Some College2.97%
Bachelors or Greater1.09%
Less Than 9th Grade0%

Madison Lake Poverty Rate by Education

rate

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Rate
Poverty
Female Unemployed40%
Female Employed0.99%
Male Employed0%
Male Unemployed0%

Madison Lake Poverty Rate by Employment Status and Sex

Madison Lake Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Madison Lake Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

60.4%

Overall Marriage Rate

63.4%

Male Marriage Rate

57.6%

Female Marriage Rate

Madison Lake Married by Age and Sex

male

female

Madison Lake Marriage

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

Madison Lake Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Madison Lake Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

39

Number of Veterans

39

Male Veterans

0

Female Veterans

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Madison Lake Veterans by War

count

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Madison Lake Veterans by Age

count

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Madison Lake Veterans by Race

Madison Lake Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

5.13%

Veteran Poverty Rate

28.21%

Veteran Disability Rate

Madison Lake Veterans by Education

LaborForceParticipation

78.5%

Labor Force Participation

76.6%

Employment Rate

2.4%

Unemployment Rate

Madison Lake Employment by Age

LaborForceParticipation

Madison Lake Employment by Race

LaborForceParticipation

Madison Lake Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

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

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

82.1%

Born in Madison Lake

99.58%

Native Born

0.42%

Foreign Born

0%

Non Citizen

0.42%

Naturalized

Place of Birth

99.58% of Madison Lake residents were born in the United States, with 82.1% having been born in Minnesota. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Madison Lake Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20291,371130.96%
20281,358130.97%
20271,345130.98%
20261,332130.99%
20251,319131%
20241,306131.01%
20231,293131.02%
20221,280211.67%
20211,25950.4%
20201,254584.85%
20191,19600%
20181,196121.01%
20171,184171.46%
20161,167302.64%
20151,137232.06%
20141,11440.36%
20131,11050.45%
20121,105151.38%
20111,09060.55%
20101,08400%

Madison Lake Population by Year