In 2023, Madison Lake, MN had a population of 1.18k people with a median age of 39.2 and a median household income of $84,833. Between 2022 and 2023 the population of Madison Lake, MN declined from 1,190 to 1,178, a −1.01% decrease and its median household income declined from $104,583 to $84,833, a −18.9% decrease.
The 5 largest ethnic groups in Madison Lake, MN are White (Non-Hispanic) (95.2%), Two+ (Non-Hispanic) (2.97%), Black or African American (Non-Hispanic) (1.36%), White (Hispanic) (0.509%), and Black or African American (Hispanic) (0%).
None of the households in Madison Lake, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Madison Lake, MN are U.S. citizens.
In 2023, the median property value in Madison Lake, MN was $281,300, and the homeownership rate was 68.9%.
Most people in Madison Lake, MN drove alone to work, and the average commute time was 22.2 minutes. The average car ownership in Madison Lake, MN was 2 cars per household.