Is Madison, MN a Good Place to Live?
Madison is a small town of 1,566 in Minnesota, with a median household income of $49,063 and a 0.6% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.
Strengths: Madison stands out for an affordable cost of living, below-average home prices, solid school ratings (B), short average commutes.
Trade-offs: No major red flags stand out in the available data. Whether Madison is right for you depends on your priorities — the full breakdown is below.
All Madison city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 91.9Madison's overall cost of living index is 91.9, where 100 represents the US national average. Living in Madison costs roughly 8% less than the average American city.
| Metric | Madison, MN | National Avg |
|---|---|---|
| Median Home Value | $88,900 | $244,900 |
| Median Monthly Rent | $879 | $1,163 |
| Homeownership Rate | 72.5% | 65.9% |
| Median Household Income | $49,063 | $74,755 |
Crime & Safety
Very SafeMadison's violent crime rate is 15.1 per 100,000 residents — 96% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Madison is served primarily by Lac qui Parle Valley Schools. The student-to-teacher ratio is 13.9:1 (better than the national average of ~16:1).
| Metric | Madison, MN | National Avg |
|---|---|---|
| School District | Lac qui Parle Valley Schools | — |
| Elementary Schools | 2 | — |
| Middle Schools | 1 | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 13.9:1 | 16:1 |
| Bachelor's Degree or Higher | 18.4% | 35.4% |
| High School Diploma or Higher | 95.1% | 91.1% |
Weather & Climate
Madison sees average highs of 21.7°F in January and 82.5°F in July, with 25.6 inches of annual precipitation and 46.9 inches of snow per year.
| Metric | Madison, MN |
|---|---|
| Average High — January | 21.7°F |
| Average High — July | 82.5°F |
| Annual Precipitation | 25.6" |
| Annual Snowfall | 46.9" |
Demographics
| Metric | Madison, MN | National Avg |
|---|---|---|
| Population | 1,566 | — |
| Median Age | 56.5 | 38.9 |
| Unemployment Rate | 0.6% | 3.7% |
| Avg Commute Time | 16.0 min | 26 min |
| White (non-Hispanic) | 97.2% | 59.3% |
| Black or African American | 0.4% | 13.6% |
| Hispanic or Latino | 0.2% | 18.9% |
| Asian | 1.7% | 6.3% |
| Under 18 | 17.2% | 22.2% |
| 65 and over | 35.8% | 16.8% |
Nearby Cities
ZIP Codes in Madison
Madison, MN is covered by 1 ZIP code: