According to statistics, the population in Madison Lake, MN amounts to 957, which shows decline -5% compared to the previous year. The median age of the city’s residents is 39. The average household income is $69,286, shifting growth 3% from the past year, and the average property value in Madison Lake, MN decline -2% to $194,100 throughout the year.
|Number Of Employees||586|
|Median Property Value||$194,100|
The average household income in Madison Lake, MN grew from $67,321 to $69,286 in the past year. This data is an estimate based upon 412 households in Madison Lake, MN . The chart below presents how household income is distributed in Madison Lake, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Madison Lake, MN shifted from $198,100 to $194,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Madison Lake, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Madison Lake, MN properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Madison Lake, MN compared to median property taxes around the country. The prevalent amount of property taxes in Madison Lake, MN equals $3000, which is less than the national average.
|Apartment Size||Dec||vs Last Month|
During Dec 2022, the average price for an apartment in/near Madison Lake, MN decreased by 1% to $294,500.
The average price of the land for sale in Madison Lake, MN has not changed significantly since last month, being $45,000. A 3-bed apartment goes for $294,500, it decreased by 46.4% lately.
|Listing Type||Dec||vs Last Month|
|Houses for sale||$294,500||-46.4%|
Price reports demonstrate that house price decreased by 46.4% this month making it up to $294,500. The average price of the land for sale in formattedAddress% has not changed significantly since last month, being $45,000.