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Madison Lake, MN Real Estate

Madison Lake, Minnesota is located in Blue Earth County. Nearby cities and towns include Eagle Lake, Elysian, Janesville, Mankato, Cleveland, St. Clair, Kasota, North Mankato, St. Peter, Skyline, Waterville, Le Center, Pemberton, Kilkenny, Waseca, Morristown, Good Thunder, Le Sueur, Nicollet, Waldorf, Montgomery, Mapleton, Garden City, Lake Crystal, Warsaw, Heidelberg, Henderson, and Vernon Center. Madison Lake is a rural community with a population of 1,026. The median household income is $62,613. In Madison Lake, 56% of residents are married, and families with children reside in 32% of the households. Half the population of Madison Lake commutes 20 minutes or less to work, with 49% of residents holding white collar jobs and 51% residents holding blue collar jobs. The median age of homes in Madison Lake, MN is 30 years, with 60% of those homes owned, 21% rented, and 20% not occupied. In the previous year, 21 Madison Lake properties were sold. The median sale price of a home in Madison Lake in the previous year was $120,335.

Madison Lake, MN Real Estate Listings

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Madison Lake, MN Local Market & Demographic Data

Married vs. single

Madison Lake, MN
  • 44% Single
  • 56% Married
Minnesota
  • 47% Single
  • 53% Married

Male VS. Female

Madison Lake, MN
  • 48% Female
  • 52% Male
Minnesota
  • 50% Female
  • 50% Male

Average Age of Citizens in Madison Lake, MN

  • 37
  • 38
  • Madison Lake, MN
  • Minnesota

Average Age of Homes in Madison Lake, MN

  • 30
  • 31
  • Madison Lake, MN
  • Minnesota

Vacant Homes in Madison Lake, MN

  • 20%
  • 12%
  • Madison Lake, MN
  • Minnesota

Average INCOME of Citizens

  • $80,261
  • $75,284
  • Madison Lake, MN
  • Minnesota

Owned Homes vs. Rented Homes

Madison Lake, MN
  • 60% Owned
  • 21% Rented
Minnesota
  • 63% Owned
  • 25% Rented