Madison Lake, MN 56063 has a population of approximately 2,773 and experiences a population change rate of 12.63%. The population density is 65.8 / sq mi .
Madison Lake, MN 56063 Real Estate for Sale

$960,000
4 Beds · 3 Baths · 2,342 Sq. Ft.

$960,000
4 Beds · 3 Baths · 2,342 Sq. Ft.
Madison Lake, MN 56063 has a population of approximately 2,773 and experiences a population change rate of 12.63%. The population density is 65.8 / sq mi .
The median household income for Madison Lake, MN 56063 is $101,107, with 1,143 households and an average household size of 2.52.
The median value of a home in Madison Lake, MN 56063 is $393,400 with an appreciation rate of 11.60%. 59.83% of housing in the state is owned while 9.95% is rented.
The cost of living in Madison Lake, MN 56063 is 110.9 %.
The unemployment rate in Madison Lake, MN 56063 is 2.40%, and recent job growth is at 3.09%. Future job growth is projected at 35.88%.
The sales tax rate in Madison Lake, MN 56063 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Madison Lake, MN 56063 are $14,198, and the school ratio is 15.5:1.
The average high temperature in July is 83 degrees, with an average low temperature in January of 4.5 degrees. The average rainfall is approximately 32.4 inches per year, with 44.5 inches of snow per year.