Madison Lake, MN
1,322Residents
$87,727Median household income
$596/moMedian gross rent
$303,100Median home value
40.0Median age
40%Adults with a bachelor’s degree or higher
69%Homes lived in by their owners
3.5×Home value to household income
Median rent takes about 8% of the median household income in Madison Lake.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $24,000 a year. In Minnesota that leaves roughly $1,645 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.