The book's checklist
- Lower cost of livingEveryday prices run 9% below the U.S. average in the Mankato metro area.
- More house for the moneyA typical home costs 3.5 years of the typical household's income here. Across the U.S. it's 4.1.
- A safer neighborhood0 violent crimes were reported in 2025, about 0 per 1,000 people (U.S.: 3.3). Property crime: 4.5 per 1,000 (U.S.: 15.3).
- Schools in townNo public schools inside the town. The nearest high school is Mankato East Senior High, about 8 miles away.
- A hospital close byMayo Clinic Health System - Mankato in Mankato, about 9 miles away, has the nearest emergency room.
- Within reach of a big cityMinneapolis is about 59 miles away as the crow flies. The book suggests staying within about 60 miles if you'll miss big-city sports, concerts and theater.
A check means Madison Lake meets the rule of thumb from Frank and Dave's book. An empty box isn't a deal breaker: it's something to weigh for your family. A question mark means there isn't enough data.
For a lifetime
Homes and money
- Typical home value, as owners valued them in 2020-2024
- $303,100U.S.: $332,700
- Home prices since then
- Up 14%Blue Earth County, 2022 to 2025
- Typical household income
- $87,727U.S.: $80,734
- Typical property tax bill
- $3,560 a yearMinnesota: $3,357
- Homes built before 1940
- 19%U.S.: 12%
- Homes built since 2010
- 18%U.S.: 11%
- Vacation and seasonal homes
- 13%U.S.: 3%
- Everyday prices
- 91U.S. average = 100 (the Mankato metro area)
Home values and rents are what households told the Census Bureau across 2020 to 2024, so they trail today's market: county prices have moved up 14% since 2022. Everyday prices are the government's average for the Mankato metro area, not Madison Lake alone. Check current listings before you budget.
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates; Federal Housing Finance Agency, House Price Index for counties (all transactions); U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
The people
- Population, 2025 estimate
- 1,3152020: 1,252
- Median age
- 40 yearsU.S.: 38.9
- Age 65 and older
- 21%U.S.: 17%
- Under 18
- 24%U.S.: 22%
- Adults with a bachelor's degree or more
- 40%U.S.: 36%
- Moved here from another county or state in the past year
- 2%U.S.: 6%
Sources: U.S. Census Bureau, Population Estimates (Vintage 2025); U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
Work
- Biggest lines of work
- Schools, health care and social services (27%); manufacturing (14%); retail (13%)
- Unemployment rate
- 4%U.S.: 5%
- Average commute
- 23 minutesU.S.: 26 minutes
- Work from home
- 13%U.S.: 15%
- Below the poverty line
- 7%U.S.: 12%
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
Health care
Nearest emergency room: Mayo Clinic Health System - Mankato, Mankato, MN, about 9 miles away. It's a general hospital. Medicare gives it 5 of 5 stars.
Look up doctors, clinics and the hospitals themselves on Medicare's Care Compare. Ask where the most serious cases are sent.
Sources: Centers for Medicare & Medicaid Services, Hospital General Information.
Schools
There are no public schools inside Madison Lake itself. The nearest public high school is Mankato East Senior High, about 8 miles away.
See each school on the federal school search, then check test scores and graduation rates on Minnesota's school report card.
Sources: National Center for Education Statistics, Common Core of Data, 2023-24 (via the Urban Institute Education Data Portal); National Center for Education Statistics, IPEDS institution directory, 2024.
Internet
- Homes with cable, fiber or DSL internet
- 78%U.S.: 76%
- Homes with any internet subscription
- 91%U.S.: 91%
Before you buy, look up the address on the FCC's National Broadband Map to see which providers serve it.
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
Weather
- January average low
- 6°F
- July average high
- 82°F
- Days 90°F or hotter
- 10 a year
- Nights at or below freezing
- 161 a year
- Rain and melted snow
- 33.9 inches a year
- Snow
- 39 inches a year
- Elevation
- 1,050 feet
Weather station: Mankato (11 miles away). Averages for 1991 to 2020.
Sources: NOAA National Centers for Environmental Information, U.S. Climate Normals 1991-2020; U.S. Geological Survey, 3D Elevation Program.
Getting around
Straight-line miles. The road is always longer, and as the book says, an interstate at 70 is a different trip from a farm road at 45. Check the real drive: Mayo Clinic Health System - Mankato, Lakeville, Minneapolis.
Blue Earth County is in a metro area of fewer than 250,000 people (USDA rural-urban code 3, on a scale where 1 is the biggest metro areas and 9 the most rural counties).
For a day
National Park Service sites within about an hour:
- Mississippi National River and Recreation Area54 miles
Read about Madison Lake's history on Wikipedia.
Tell us what a visitor shouldn't miss, and what living there is really like. Write to Main Street at mainstreet@smalltownguide.com. The best notes from people who know the town will be added here.
Nearby
Straight-line miles.
Small towns
- Eagle Lake, MN3,400 people, 4 miles
- Janesville, MN2,500 people, 8 miles
- Mankato, MN47,000 people, 8 miles
- St. Peter, MN12,300 people, 11 miles
- North Mankato, MN14,200 people, 11 miles
- Waterville, MN1,800 people, 12 miles
Smaller places
- Elysian, MN765 people, 7 miles
- Cleveland, MN772 people, 8 miles
- St. Clair, MN707 people, 9 miles
- Kasota, MN728 people, 9 miles
- Skyline, MN283 people, 12 miles
- Pemberton, MN219 people, 14 miles
- Kilkenny, MN153 people, 14 miles
Sources
- U.S. Census Bureau, Population Estimates (Vintage 2025)
- U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates
- Federal Housing Finance Agency, House Price Index for counties (all transactions)
- U.S. Bureau of Economic Analysis, Regional Price Parities, 2024
- FBI, Crime in the United States, Table 8 (offenses known to law enforcement by city)
- Centers for Medicare & Medicaid Services, Hospital General Information
- National Center for Education Statistics, Common Core of Data, 2023-24 (via the Urban Institute Education Data Portal)
- National Center for Education Statistics, IPEDS institution directory, 2024
- NOAA National Centers for Environmental Information, U.S. Climate Normals 1991-2020
- U.S. Geological Survey, 3D Elevation Program
- National Park Service, National Register of Historic Places listings
- National Park Service, park unit boundaries
- USDA Economic Research Service, Rural-Urban Continuum Codes, 2023
- U.S. Census Bureau, 2025 Gazetteer files and 2020 urban areas
Census survey figures are estimates with a margin of error; we leave out any figure whose margin is too wide to be useful. Data last gathered October 5, 2026. See something wrong? Write to mainstreet@smalltownguide.com.