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MN area data

Madison, MN

Madison, MN.

Population: 2,446 (Census ACS)

Home values & appreciation

Median home value
$178,527
1-year appreciation
+5.2%
3-year appreciation
+11.8%
5-year appreciation
+29.3%
10-year appreciation
+87.3%
All-time peak (2026-04)
$182,679
House Price Index
429.3 (+3.3% YoY)

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
winterWeather

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
55.0°F
Average low
35.0°F
Annual precipitation
28.2 in
Annual snowfall
53.1 in

Amenities

Nearest airport
Lac Qui Parle County Airport (7 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-28 tax filers

Housing stock

Median year housing built
1,954
Median annual property tax
$1,234
Mean commute to work
15 min
Households with broadband internet
67.8%

Employment & development

Total county employment
1,448
Average weekly wage
$868
Top industries (by employment)
Health Care, Wholesale Trade, Construction
Annual residential building permits (county)
3

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents