1. States
  2. /Minnesota
  3. /Blue Earth County
  4. /Madison Lake
CSAMankato-New UlmMSAMankato#1/16 Home Value
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Showing latest census year. Full demographic history available with a paid plan. View plans →

Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

1,322

Median Agei

40

Race & Ethnicityi

White
92.9%1,228
Black
3.2%42
Two or More
3.2%42
Hispanic/Latino
0.6%8
Asian
0.2%2

Educational Attainment (Age 25+)i

GED/Alternative
6.6%62
High School Diploma
16.6%155
Some College (<1 yr)
8.9%83
Some College (1+ yr)
11.2%105
Associate's Degree
14.5%136
Bachelor's Degree
22.1%207
Master's Degree
13.2%124
Professional Degree
2.6%24
Doctorate
2.2%21
HS or Higher
98%
BA or Higher
40.2%
Graduate+
18.1%

Housingi

Median Home Valuei

$303,100

Median Renti

$596

Tenure

Owner-Occupied
68.9%394
Renter-Occupied
31.1%178

Total Units

721

Homeownership

68.9%

Vacancy Rate

20.7%

Economyi

Median Household Incomei

$87,727

Mean Household Incomei

$112,945

Per Capita Incomei

$48,690

Poverty Ratei

6.8%

Unemploymenti

4.4%

Labor Forcei

708

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

20

Residentsi

27

Avg. Tenant Renti

$387/mo

Programs in this community

Public Housing15 homes98% occupied$387/mo rent

Government-owned housing managed by local housing authorities

Housing Choice Vouchers5 homes

Rental vouchers (Section 8) that help tenants pay for private-market housing

Household Incomei

Based on area median of $87,727/yr

Extremely low incomeUnder $26K/yr
60%
Very low income$26K–$44K/yr
40%

Who Receives This Housing

67% of subsidized households are headed by a single mother

0% of subsidized households are minority

57% of subsidized households include someone with a disability

67% of subsidized households include a senior (62+)

Social Characteristicsi

Veteransi

58(5.8% of civilian adults)