The median household income in Madison Lake, MN in 2022 was $100,450, which was 18.0% greater than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $44,659 in 2000 this represents an increase of 55.5%. The per capita income in 2022 was $51,627, which means an increase of 64.5% compared to 2000 when it was $18,312.
Whole page based on the data from 2000 / 2022 when the population of Madison Lake, Minnesota was 837 / 1,200
Income statistics for all residents
Median household income in Madison Lake, MN in 2022:
Madison Lake:
$100,450
Minnesota:
$82,338
Change in median household income between 2000 and 2022:
Madison Lake, Minnesota:
+124.9%
Minnesota:
+74.8%
Number of households with income < $10k:
Madison Lake:
0.8% (4)
Minnesota:
4.3% (100,518)
Number of households with income $10k - 20k:
Madison Lake:
3.2% (16)
Minnesota:
5.6% (130,945)
Number of households with income $20k - 30k:
Madison Lake:
6.7% (33)
Minnesota:
6.1% (140,637)
Number of households with income $30k - 40k:
Madison Lake:
3.4% (17)
State:
6.5% (151,862)
Number of households with income $40k - 50k:
Madison Lake:
3.7% (18)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Madison Lake:
9.1% (45)
Minnesota:
6.9% (159,181)
Number of households with income $60k - 75k:
Madison Lake:
6.5% (32)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Madison Lake:
13.6% (67)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Madison Lake:
14.4% (71)
Minnesota:
10.8% (251,243)
Number of households with income $125k - 150k:
Madison Lake:
14.0% (69)
Minnesota:
8.2% (190,349)
Number of households with income $150k - 200k:
Madison Lake:
15.8% (78)
State:
10.2% (236,018)
Number of households with income > $200k:
Madison Lake:
8.7% (43)
Minnesota:
11.6% (268,336)
Aggregate household income in Madison Lake in 2022: $61,557,876
Median family income in Madison Lake in 2022:
Madison Lake:
$108,517
Minnesota:
$105,324
Number of families with income < $10k:
Madison Lake:
0.8% (3)
Minnesota:
2.2% (31,728)
Number of families with income $20k - 30k:
Madison Lake:
7.3% (24)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Madison Lake:
2.1% (7)
Minnesota:
4.4% (64,281)
Number of families with income $40k - 50k:
Madison Lake:
1.8% (6)
Minnesota:
5.2% (76,436)
Number of families with income $50k - 60k:
Madison Lake:
2.4% (8)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Madison Lake:
6.7% (22)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Madison Lake:
13.5% (44)
State:
14.7% (214,426)
Number of families with income $100k - 125k:
Madison Lake:
17.9% (59)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Madison Lake:
14.6% (48)
State:
10.3% (149,830)
Number of families with income $150k - 200k:
Madison Lake:
19.9% (65)
State:
13.6% (197,479)
Number of families with income > $200k:
Madison Lake:
13.1% (43)
State:
16.1% (233,828)
Median non-family income in Madison Lake in 2022:
Madison Lake:
$53,150
State:
$48,461
Change in median non-family income between 2000 and 2022:
Madison Lake, Minnesota:
+108.4%
Minnesota:
+73.6%
Median per capita income in Madison Lake in 2022:
Madison Lake:
$51,628
State:
$45,021
Income statistics for White residents
Median household income in Madison Lake, MN in 2022:
Madison Lake:
$96,339
State:
$85,697
Change in median household income between 2000 and 2022:
Madison Lake, Minnesota:
+114.6%
State:
+77.5%
Number of households with income < $10k:
Madison Lake:
0.6% (3)
Minnesota:
3.9% (74,145)
Number of households with income $10k - 20k:
Madison Lake:
3.2% (15)
Minnesota:
5.1% (97,289)
Number of households with income $20k - 30k:
Madison Lake:
7.2% (34)
State:
5.8% (111,536)
Number of households with income $30k - 40k:
Madison Lake:
3.6% (17)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Madison Lake:
3.8% (18)
Minnesota:
6.6% (126,331)
Number of households with income $50k - 60k:
Madison Lake:
10.3% (49)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
Madison Lake:
6.3% (30)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Madison Lake:
13.3% (63)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Madison Lake:
13.5% (64)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Madison Lake:
12.4% (59)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Madison Lake:
16.7% (79)
State:
10.6% (203,283)
Number of households with income > $200k:
Madison Lake:
9.1% (43)
Minnesota:
12.2% (233,694)
Aggregate household income in Madison Lake in 2022: $58,632,469
Median family income in Madison Lake in 2022:
Madison Lake:
$107,809
State:
$110,049
Number of families with income < $10k:
Madison Lake:
0.8% (3)
Minnesota:
1.5% (17,407)
Number of families with income $20k - 30k:
Madison Lake:
7.9% (24)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Madison Lake:
2.6% (8)
Minnesota:
3.7% (44,598)
Number of families with income $40k - 50k:
Madison Lake:
1.9% (6)
Minnesota:
4.9% (58,683)
Number of families with income $50k - 60k:
Madison Lake:
2.7% (8)
Minnesota:
5.4% (64,644)
Number of families with income $60k - 75k:
Madison Lake:
7.0% (22)
Minnesota:
8.9% (105,839)
Number of families with income $75k - 100k:
Madison Lake:
13.8% (42)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Madison Lake:
16.0% (49)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Madison Lake:
12.0% (37)
Minnesota:
10.9% (130,417)
Number of families with income $150k - 200k:
Madison Lake:
20.9% (64)
Minnesota:
14.3% (171,257)
Number of families with income > $200k:
Madison Lake:
14.4% (44)
State:
17.1% (204,721)
Median non-family income in Madison Lake in 2022:
Madison Lake:
$56,225
Minnesota:
$49,920
Change in median non-family income between 2000 and 2022:
Madison Lake, Minnesota:
+120.5%
State:
+76.0%
Median per capita income in Madison Lake in 2022:
Madison Lake:
$53,795
State:
$49,507
Income statistics for Asian residents
Median per capita income in Madison Lake in 2022:
Madison Lake:
$59,172
State:
$39,496
Income statistics for Hispanic or Latino residents
Aggregate household income in Madison Lake in 2022: $1,713,689
Median per capita income in Madison Lake in 2022:
Madison Lake:
$17,330
State:
$27,748
Change in median per capita income between 2000 and 2022:
Madison Lake, Minnesota:
+95.7%
State:
+127.2%
Income statistics for Multirace residents
Aggregate household income in Madison Lake in 2022: $473,299
Median per capita income in Madison Lake in 2022:
Madison Lake:
$12,125
State:
$28,529
Change in median per capita income between 2000 and 2022:
Madison Lake, Minnesota:
+36.7%
State:
+155.0%
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