Economy & Jobs — Madison Lake, Minnesota

Income & Employment

Median Household Income (Census)$87,727
Estimated 2026~$96,700
Per Capita Income$46,514
Poverty Rate6.8%
Unemployment Rate4.4%
In Labor Force641

Top Industries

IndustryShare
Education Healthcare28.2%
Manufacturing15.6%
Retail10.0%

Local Businesses (County)

TypeCount
Fast Food59
Full Service Restaurants56
Insurance Agencies52
Real Estate Offices32
Dental Offices30
Nursing Care28
Commercial Banks27
Auto Repair25
Law Offices25
Gas Stations23
Child Day Care20
Coffee Shops19
Chiropractors17
Fitness Centers15
Beauty Salons13
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.