Madison is a city located in Lac qui Parle County, Minnesota. Madison has a 2026 population of 1,475. It is also the county seat of Lac qui Parle County. Madison is currently declining at a rate of -0.41% annually and its population has decreased by -2.51% since the most recent census, which recorded a population of 1,513 in 2020.
The median household income in Madison is $61,172 with a poverty rate of 9.88%. The median age in Madison is 51.3 years: 49.8 years for males, and 53.2 years for females. For every 100 females there are 92.1 males.
Data after 2023 is projected based on recent change
Overall: 51.3 years
Female: 53.2 years
Male: 49.8 years
There are 1,244 adults, (553 of whom are seniors) in Madison.
Female: 807 (52.1%)
Male: 743 (47.9%)
The racial composition of Madison includes 93.48% White, and smaller percentages for Asian, Native American, Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 1,449 | 93.48% |
| Two or more races | 82 | 5.29% |
| Asian | 9 | 0.58% |
| Native American | 8 | 0.52% |
| Black or African American | 2 | 0.13% |
Madison 's average per capita income is $37,159. Household income levels show a median of $61,172. The poverty rate stands at 9.88%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $89,479 | - |
| Families | $77,148 | $117,645 |
| Households | $61,172 | $88,558 |
| Non Families | $29,300 | $40,765 |
Average Income
Median Household Income
Poverty Rate