Madison Lake, MN
Full City Profile · Minnesota · Le Sueur County County
Madison Lake, MN
At a Glance
How Madison Lake Compares to the U.S. Average
Each bar shows Madison Lake's value as a percentage of the national average (100% = U.S. avg)
Is Madison Lake a Good Place to Live?
Economy & Jobs
Madison Lake residents earn a median household income of $84,833 , which is 13% above the national average of $75,149. Per capita income is $46,514. The unemployment rate stands at 3.9% (8% above the U.S. rate of 3.6%). 5.4% of residents live below the poverty line. The area is home to 790 business establishments, including 44 restaurants.
Housing & Cost of Living
The median home value in Madison Lake is $281,300 , 0% below the national median of $281,900. Zillow estimates the typical home at $454,106. Median rent is $829/month, with 27.6% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1982.
Safety & Crime
Madison Lake reports 76 violent crimes per 100,000 residents , which is 80% below the national average of 380/100K. Property crime is 531/100K.
Education
36.9% of adults in Madison Lake hold a bachelor's degree or higher (9% above the national average). 96.9% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Madison Lake has an average annual temperature of 45°F (7°C). Winters average 15°F in January while summers reach 72°F in July. Annual precipitation totals 33.9 inches.