Madison Lake employment information

IndexMadison LakeMinnesotaNational
Income per capita$30,911$33,225$29,829
Median household income$67,321$63,217$55,322
Median income owner occupied$84,688$77,618$70,586
Median income renter occupied$33,125$34,348$35,192
Median earnings male$36,611$40,933$36,919
Median earnings female$29,803$29,114$26,250
Unemployment rate5.3%3.4%4.7%
Poverty level14.6%10.8%15.1%
The Madison Lake, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Madison Lake is $30,911, which is 7% lower than than the Minnesota average and 4% higher than than the national average. The median household income is $67,321, which is 6% higher than than the Minnesota average and 22% higher than than the national average. The unemployment rate in Madison Lake is 5%, which is 14% higher than than the national average. The poverty rate in Madison Lake is 15% which is 3% lower than than the national average.

am i middle class

$Input your household income
$44,876$67,321$134,642
City
$42,140$63,217$126,434
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Madison Lake is 4% higher than the national average.
  • The median household income in Madison Lake is 22% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Madison Lake is 14% higher than the national average.
  • The poverty level in Madison Lake is 3% lower than the national average.

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Compare Madison Lake, MN Employment To Other Cities

Employment status

Hours worked per week

Madison Lake median earnings by income bracket

Madison Lake employment by industry

Labour TypeMaleFemale
Construction industry13.3%0.0%
Manufacturing sector25.3%0.0%
Financial & insurance services0.9%6.2%
Wholesale & retail services16.0%16.7%
Public administration1.2%3.6%
Transportation, warehousing & utilities17.0%6.5%
Education, health & social services9.0%36.2%
Other15.4%21.7%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Skyline, MN301$86,13656%
Elysian, MN655$70,90928%
Eagle Lake, MN2,712$70,37527%
Janesville, MN2,674$66,29620%
St. Clair, MN873$65,69419%
Madison Lake, MN1,007$67,32122%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Fairdealing, MO1,007$57,5824%
George, IA1,007$49,41711%
Chatsworth, IL1,007$26,94451%
Groveland, ID1,007$54,9431%
South Point, TX1,007$43,82121%
Madison Lake, MN1,007$67,32122%
Source: The Madison Lake, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).