Madison

Population: 1,507
Median household income: $56,435
Median home value: $104,600

Located in Lac qui Parle County, Minnesota, Madison is a community with a population of 1,507. Its median household income of $56,435 runs below the Lac qui Parle County figure of $71,639.

From 2019 to 2023, Madison's population declined 6.8% from 1,617 to 1,507, while its median home value rose 54.7% from $67,600 to $104,600.

11.9% of residents live below the poverty line. Households average 1.93 people.

Demographics

ACS 2019–2023

Population: 1,507
Median age: 54.2 yrs
Median household income: $56,435
Median home value: $104,600
Median gross rent: $920
Housing units: 914
Homeownership rate: 70.7%
Bachelor's degree or higher: 18.9%
Unemployment rate: 1.1%

Trends

ACS 5-year · 2019–2023

Population

1,6171,507

Median household income

$43,750$56,435

Median home value

$67,600$104,600

Median gross rent

$522$920

Year	Population	Median household income	Median home value	Median gross rent
2019	1,617	$43,750	$67,600	$522
2020	1,647	$42,500	$76,600	$572
2021	1,483	$45,521	$79,200	$755
2022	1,566	$49,063	$88,900	$879
2023	1,507	$56,435	$104,600	$920

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.2%

5 to 1713.3%

18 to 243.7%

25 to 3410.6%

35 to 448.8%

45 to 549.2%

55 to 6414.2%

65 to 7413.1%

75 and over21.9%

	Count	Share
Under 5	79	5.2%
5 to 17	200	13.3%
18 to 24	56	3.7%
25 to 34	159	10.6%
35 to 44	133	8.8%
45 to 54	139	9.2%
55 to 64	214	14.2%
65 to 74	197	13.1%
75 and over	330	21.9%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,466	97.3%
Black or African American	2	0.1%
American Indian & Alaska Native	7	0.5%
Asian	8	0.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	17	1.1%
Hispanic or Latino (any race)	7	0.5%

Educational attainment (age 25+)

No high school diploma4.5%

High school graduate38.2%

Some college or associate's38.4%

Bachelor's degree14.7%

Graduate or professional degree4.2%

	Count	Share
No high school diploma	53	4.5%
High school graduate	448	38.2%
Some college or associate's	450	38.4%
Bachelor's degree	172	14.7%
Graduate or professional degree	49	4.2%

Commute to work

Mean travel time to work: 15 min

Drove alone73.2%

Carpooled13.6%

Public transit0.5%

Walked6.6%

Bicycle0.5%

Worked from home5.6%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	468	73.2%
Carpooled	87	13.6%
Public transit	3	0.5%
Walked	42	6.6%
Bicycle	3	0.5%
Worked from home	36	5.6%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	370	61.4%
15 to 29 min	138	22.9%
30 to 44 min	45	7.5%
45 to 59 min	15	2.5%
60+ min	35	5.8%

Households

Average household size: 1.93
Poverty rate: 11.9% (171 of 1,442)

	Count	Share
Family households	380	51.0%
Nonfamily households	365	49.0%

Housing

Median year structure built: 1956

Occupancy

	Count	Share
Occupied	745	81.5%
Vacant	169	18.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	527	70.7%
Renter-occupied	218	29.3%

1-unit, detached73.9%

1-unit, attached1.2%

2 to 4 units5.8%

5 to 19 units8.5%

20 or more units10.3%

Mobile home & other0.3%

Units in structure

	Count	Share
1-unit, detached	675	73.9%
1-unit, attached	11	1.2%
2 to 4 units	53	5.8%
5 to 19 units	78	8.5%
20 or more units	94	10.3%
Mobile home & other	3	0.3%

Geography

Place GEOID: 2739266
Type (LSAD): 25
Land area: 1.05 sq mi
Water area: 0 sq mi
Center point: 45.0128, -96.1891