Everything You Should Know Before Moving to Madison Lake, MN
Considering a move to Madison Lake, MN? With a friendly population of 1,250, affordable median home prices around $285,000, and low crime rates (only 110 violent crimes per 100K), this lakeside community offers a relaxed pace and tight-knit feel. Residents enjoy a reasonable cost of living, short 23-minute average commutes, highly rated schools, and easy access to healthcare in nearby Mankato. Madison Lake’s beautiful natural setting, strong homeownership rate, and 62% sunny days make it a charming choice for families and outdoor enthusiasts alike.
Demographics - Madison Lake, MN
Demographics - Madison Lake, MN
Madison Lake is a close-knit community of about 1,250 residents, with a median age of nearly 40 and a predominantly White population. The city features a balanced gender ratio and a small percentage of non-English speakers, creating a welcoming, family-friendly environment.
Population:
1,250
Density:
1,150 per sq mi
Median Age:
39.8
Gender Ratio:
101 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
96.3%
Black:
0.6%
Asian:
0.8%
Others:
2.3%
Cost Of Living
What is the average cost of living in Madison Lake, MN?
The cost of living in Madison Lake is slightly below the national average, with median home values around $285,000 and average rents near $1,180. Residents benefit from affordable utility costs and moderate state taxes, making it an attractive option for homebuyers and renters alike.
Median House Value:
$285,000
Gross Rent:
$1,180
Monthly Electricity Charges:
$120
Auto Insurance:
$1,180
House Owner Cost With Mortgage:
$1,475
House Owner Cost Without Mortgage:
$500
State Taxes:
Low:
5.35%
|
High:
9.85%
Cost Of Living Index:
98.5
Grocery:
95.2
Housing:
92.4
Utilities:
98.1
Transportation:
97.0
Health Care:
95.8
Miscellaneous:
97.4
Crime
Is Madison Lake, MN a safe place to live?
Madison Lake boasts low crime rates, with only 110 violent crimes per 100,000 residents and a 1 in 900 chance of experiencing violent crime. The community offers a safe, peaceful atmosphere ideal for families and those seeking tranquility.
Violent Crimes Per 100k:
110
Property Crimes Per 100k:
780
Crime Index:
890
Chance Of Violent Crime:
1 in 900
Chance Of Property Crime:
1 in 130
Weather
What is the weather like in Madison Lake, MN year-round?
Residents experience all four seasons, with cold winters dropping to 7°F and warm summers reaching up to 83°F. The city enjoys about 62% sunny days and receives an average of 32.5 inches of rainfall annually, perfect for outdoor activities and enjoying the lakeside setting.
Winter
Min:
7°F
Max:
26°F
Spring
Min:
36°F
Max:
65°F
Summer
Min:
58°F
Max:
83°F
Fall
Min:
37°F
Max:
65°F
Average Rainfall Inches:
32.5 inches
Sunny Days Percentage:
62%
Neighbors
Local households have a median income of $72,500 and a low poverty rate of 7.8%, reflecting a stable, middle-income community. Nearly all adults have finished high school, and the average commute time is just 23 minutes, supporting a comfortable and convenient lifestyle.
Median Income:
$41,800
Household Income:
$72,500
Family Income:
$82,000
Per Capita Income:
$34,500
Income Male:
$44,000
Income Female:
$35,000
Poverty Rate:
7.8%
Non English Speakers:
2.5%
Rent:
$1,180
Unemployment Rate:
3.6%
Public Transport Usage:
0.5%
Commute Time:
23.0 minutes
Education
High School or Higher:
96.1%
Bachelors or More:
27.8%
Education
How are the schools in Madison Lake, MN?
Families in Madison Lake enjoy access to well-rated public schools, such as Cleveland Elementary with a low student-teacher ratio, and several private school options. For higher education, Minnesota State University in Mankato, just 13 miles away, provides ample opportunities for continued learning.
Public Schools
Name:
Cleveland Elementary School
Street:
400 6th St, Cleveland, MN 56017
Phone:
507-934-3178
Students:
220
Student Teacher Ratio:
13:1
Private Schools
Name:
Mount Olive Lutheran School
Street:
1123 Marsh St, Mankato, MN 56001
Phone:
507-345-7927
Students:
150
Colleges
Name:
Minnesota State University, Mankato
City:
Mankato
State:
MN
Distance:
13 miles
Students:
14,500
Healthcare
Madison Lake residents have access to high-quality healthcare, including the Mayo Clinic Health System in nearby Mankato. With 2.3 physicians per 1,000 people and 96.6% health insurance coverage, the area ensures comprehensive medical support for its population.
Major Hospitals
Name:
Mayo Clinic Health System - Mankato
Address:
1025 Marsh St, Mankato, MN 56001
Phone:
(507) 625-4031
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
96.6%
Health Care Index:
77.8
Housing Market
What is the housing market like in Madison Lake, MN?
The housing market is strong, with a median home price of $285,000 and a high owner-occupancy rate of 83.5%. Home values have appreciated by 4.2% over the past year, and rental vacancies remain low, indicating a healthy and desirable real estate environment.
Median Home Price:
$285,000
Average Rent For 2 Bedroom:
$1,180
Owner Occupied Rate:
83.5%
Rental Vacancy Rate:
4.1%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
1.4%
Foreclosure Rate:
0.4%
DMV Information
Vehicle and driver services for Madison Lake are managed by the Minnesota Department of Public Safety, with a main office in St. Paul and accessible online resources. Residents can handle licensing, registration, and other DMV needs conveniently through state channels.
State:
Minnesota
Department:
Minnesota Department of Public Safety - Driver and Vehicle Services
Address:
445 Minnesota St, Suite 190, St. Paul, MN 55101
Phone:
1-651-297-3298
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.