Madison Lake, MN 56063 ZIP Code Profile

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Madison Lake, MN
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ZIP Code 56063: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Madison Lake, MN 56063

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 39
  • Single Family Addresses: 1,053
  • Multi-Family Addresses: 12
  • County: Blue Earth County
  • Centroid: Latitude 44.203, Longitude -93.811
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

ZIP Code 56063 has segments in 3 Counties (Blue Earth, Le Sueur, Waseca).


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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56063 ZIP Code Map

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Madison Lake, MN 56063 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 2,814
Daytime Population: Workers 398
Daytime Population: Residents 1,233
Total Daytime Population (TDP) 1,631
Ratio TDP/Total Population1 0.58
Population in Households 2,811
Population in Familes 2,315
Population in Group Qrtrs 3
Population Density2 63
Diversity Index3 11
 

INCOME

Median Household Income $72,788
Average Household Income $94,784
Per Capita Income $38,458

HOUSING

Total Housing Units 1,559 (100%)
Owner Occupied HU 914 (58.6%)
Renter Occupied HU 227 (14.6%)
Vacant Housing Units 418 (26.8%)
Median Home Value $312,381
Average Home Value $341,849
 

HOUSEHOLDS

Total Households 1,141
Average Household Size 2.46
Family Households 817
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.8% 0.89%
Households 0.89% 0.91%
Families 0.75% 0.84%
Median Household Income   1.89%
Per Capita Income   2.46%

Madison Lake, MN 56063 - Peer Comparisons by Rank and Percentile

The table below compares 56063 to the other 883 ZIP Codes in Minnesota by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 352 60th
Population Density # 296 67th
Diversity Index # 575 35th
Median Household Income # 134 85th
Per Capita Income # 95 89th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.


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