Madison Lake vs Minneapolis
| Madison Lake | Minneapolis | |
|---|---|---|
| Population | 1,190 | 426,877 |
| Median Household Income | $87,727 | $80,846 |
| Median Home Value | $303,100 | $362,200 |
| Median Gross Rent | $596/mo | $1,371/mo |
| Homeownership Rate | 68.9% | 47.7% |
| Unemployment Rate | 4.4% | 5.9% |
| Bachelor's Degree or Higher | 40.2% | 55.5% |
| Median Age | 40.0 | 33.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.