Last updated: 2024 BLS data · Page refreshed:
Madison Lake has a population of 1,322 with a median age of 40.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,322 |
| Median Age | 40.0 |
| White | 93.5% |
| Black or African American | 3.2% |
| Asian | 0.2% |
| Hispanic or Latino | 0.6% |
| Other / Two or More Races | 2.5% |
The median household income in Madison Lake is $87,727, which is 8.8% above the national median of $80,610. The per capita income is $48,690. The poverty rate is 6.8%.
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In Madison Lake, 98.0% of residents age 25+ have a high school diploma or higher, and 40.2% hold a bachelor's degree or higher (18.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.0% |
| Bachelor's Degree or Higher | 40.2% |
| Graduate or Professional Degree | 18.1% |
The median home value in Madison Lake is $303,100, below the national median of $303,400. The median monthly rent is $596. The homeownership rate is 68.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $303,100 |
| Median Monthly Rent | $596 |
| Homeownership Rate | 68.9% |
| Vacancy Rate | 20.7% |
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