Madison is a city located in Minnesota. With a 2020 population of 1,388, it is the 302nd largest city in Minnesota and the 9010th largest city in the United States. Madison is currently declining at a rate of -0.79% annually and its population has decreased by -10.51% since the most recent census, which recorded a population of 1,551 in 2010. Madison reached it's highest population of 1,547 in 2010. Spanning over 1 miles, Madison has a population density of 1,323 people per square mile.
The average household income in Madison is $56,019 with a poverty rate of 12.61%. The median rental costs in recent years comes to $529 per month, and the median house value is $63,800. The median age in Madison is 54 years, 52.4 years for males, and 56.2 years for females. For every 100 females there are 92.3 males.