Minnesota · Census place 39266
Madison city, MN
Quick answer
Madison city has 1,507 residents, ranking #300 of 914 places in Minnesota. Median household income is $56,435, the median home is worth $104,600 and median gross rent runs $920 a month.
- Population
- 1,507Madison city residents
- Median household income
- $56,435Past 12 months, inflation adjusted
- Median home value
- $104,600Owner-occupied units
- Median gross rent
- $920Rent plus utilities, monthly
- Median age
- 54.2 yrsAll residents
- Homeownership rate
- 70.7%Owner-occupied households
What the numbers mean in Madison city
Housing cost measured against local earnings.
A household earning the Madison city median would spend about 19.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.9% of residents and 70.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Canby city 1,563
- Minneota city 1,531
- Lakeland city 1,510
- Red Lake CDP 1,506
- Clara City city 1,497
- Avon city 1,493
- Dawson city 1,441
Keep going
More Minnesota coverage.