Last updated: 2024 BLS data · Page refreshed:
Lake Madison has a population of 936 with a median age of 63.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 936 |
| Median Age | 63.2 |
| White | 88.9% |
| Other / Two or More Races | 11.1% |
The median household income in Lake Madison is $129,191, which is 60.3% above the national median of $80,610. The per capita income is $120,127. The poverty rate is 1.0%.
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In Lake Madison, 99.6% of residents age 25+ have a high school diploma or higher, and 49.3% hold a bachelor's degree or higher (18.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 99.6% |
| Bachelor's Degree or Higher | 49.3% |
| Graduate or Professional Degree | 18.3% |
The median home value in Lake Madison is $477,800, above the national median of $303,400. The median monthly rent is $867. The homeownership rate is 90.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $477,800 |
| Median Monthly Rent | $867 |
| Homeownership Rate | 90.9% |
| Vacancy Rate | 48.2% |
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