Madison Lake, Minnesota Economy Profile

Official State Website URL- http://www.state.mn.us

Madison Lake, Minnesota Economy

78.19% of population 16 years and over is in the active work force in Madison Lake, Minnesota. Among them 37.92% are females aged 16 and over. Eighty-two point one seven percent of Madison Lake, Minnesota workers 16 years and over commute to work by car, truck, or van - drive alone. 0.9% use public transportation (including taxicab). Three point three nine percent of Madison Lake, Minnesota residents work at home.

The total population of Madison Lake, Minnesota is 837 people. The median household income in Madison Lake, Minnesota is forty-four thousand, six hundred and fifty-nine dollars. Management, professional, and related occupations make up 21.85% of all occupations. 6.98% of Madison Lake, Minnesota population is involved into construction, extraction, and maintenance occupations. 29.05% of population are in sales and office occupations. Production, transportation, and material moving occupations account for 28.15% of occupations.

24.89% of families in Madison Lake, Minnesota have an income from $35,000 to $49,999. 0.0 of families are below poverty level. Madison Lake, Minnesota median household income is forty-four thousand, six hundred and fifty-nine dollars. On an average, male full-time, year-round workers, receive $35,000, female full-time, year-round workers, are paid twenty-four thousand, nine hundred and thirty-eight dollars.

	Madison Lake, Minnesota	%, Madison Lake, Minnesota	United States
Population 16 years and over	596		217,168,077
In labor force	466	78.19%	63.92%
- Civilian labor force	463	77.68%	63.39%
- - Employed	444	74.5%	59.73%
- - Unemployed	19	3.19%	3.66%
- - - Percent of civilian labor force	4.1		5.8
- Armed Forces	3	0.5%	0.53%
Not in labor force	130	21.81%	36.08%
Females 16 years and over	305	51.17%	51.66%
In labor force	226	37.92%	29.72%
- Civilian labor force	226	37.92%	29.65%
- - Employed	214	35.91%	27.92%
Own children under 6 years	71	11.91%	10.05%
All parents in family in labor force	49		12,787,501
COMMUTING TO WORK
Workers 16 years and over	443		128,279,228
Car, truck, or van -- drove alone	364	82.17%	75.7%
Car, truck, or van -- carpooled	51	11.51%	12.19%
Public transportation (including taxicab)	4	0.9%	4.73%
Walked	5	1.13%	2.93%
Other means	4	0.9%	1.19%
Worked at home	15	3.39%	3.26%
Mean travel time to work (minutes)	29.5	6.66%	25.5
Employed civilian population 16 years and over	444		129,721,512
OCCUPATION
Management, professional, and related occupations	97	21.85%	33.65%
Service occupations	62	13.96%	14.86%
Sales and office occupations	129	29.05%	26.69%
Farming, fishing, and forestry occupations	0		0.73%
Construction, extraction, and maintenance occupations	31	6.98%	9.45%
Production, transportation, and material moving occupations	125	28.15%	14.62%
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining	3	0.68%	1.87%
Construction	35	7.88%	6.78%
Manufacturing	112	25.23%	14.1%
Wholesale trade	22	4.95%	3.6%
Retail trade	65	14.64%	11.73%
Transportation and warehousing, and utilities	19	4.28%	5.2%
Information	14	3.15%	3.08%
Finance, insurance, real estate, and rental and leasing	15	3.38%	6.89%
Professional, scientific, management, administrative, and waste management services	15	3.38%	9.3%
Educational, health and social services	96	21.62%	19.92%
Arts, entertainment, recreation, accommodation and food services	13	2.93%	7.87%
Other services (except public administration)	9	2.03%	4.87%
Public administration	26	5.86%	4.79%
CLASS OF WORKER
Private wage and salary workers	343	77.25%	78.47%
Government workers	70	15.77%	14.59%
Self-employed workers in own not incorporated business	30	6.76%	6.63%
Unpaid family workers	1	0.23%	0.31%

	Madison Lake, Minnesota	%, Madison Lake, Minnesota	United States
INCOME IN 1999
Households	321		105,539,122
Less than $10,000	15	4.67%	9.54%
$10,000 to $14,999	19	5.92%	6.31%
$15,000 to $24,999	39	12.15%	12.83%
$25,000 to $34,999	38	11.84%	12.81%
$35,000 to $49,999	75	23.36%	16.53%
$50,000 to $74,999	96	29.91%	19.46%
$75,000 to $99,999	24	7.48%	10.23%
$100,000 to $149,999	15	4.67%	7.72%
$150,000 to $199,999	0		2.2%
$200,000 or more	0		2.37%
Median household income (dollars)	44,659		41,994
With earnings	277	46.48%	39.12%
- Mean earnings (dollars)	47,430		56,604
With Social Security income	69	11.58%	12.47%
- Mean Social Security income (dollars)	9,925		11,320
With Supplemental Security Income	6	1.01%	2.13%
- Mean Supplemental Security Income (dollars)	5,317		6,320
With public assistance income	10	1.68%	1.67%
- Mean public assistance income (dollars)	4,760		3,032
With retirement income	39	6.54%	8.13%
- Mean retirement income (dollars)	10,264		17,376
Families	229		72,261,780
Less than $10,000	4	1.75%	5.75%
$10,000 to $14,999	4	1.75%	4.31%
$15,000 to $24,999	26	11.35%	10.74%
$25,000 to $34,999	20	8.73%	12.02%
$35,000 to $49,999	57	24.89%	17.13%
$50,000 to $74,999	81	35.37%	22.32%
$75,000 to $99,999	24	10.48%	12.47%
$100,000 to $149,999	13	5.68%	9.6%
$150,000 to $199,999	0		2.75%
$200,000 or more	0		2.92%
Median family income (dollars)	50,673		50,046
Per capita income (dollars)	18,312		21,587
Median earnings (dollars):
Male full-time, year-round workers	35,000		37,057
Female full-time, year-round workers	24,938		27,194
POVERTY STATUS IN 1999 (below poverty level)
Families	6		6,620,945
With related children under 18 years	2	33.33%	77.87%
- With related children under 5 years	0		38.7%
Families with female householder, no husband present	4		3,315,916
With related children under 18 years	2	50.0%	88.68%
- With related children under 5 years	0		42.27%
Individuals	33		33,899,812
18 years and over	24	72.73%	65.35%
- 65 years and over	6	18.18%	9.7%
Related children under 18 years	9	27.27%	33.59%
- Related children 5 to 17 years	9	27.27%	23.52%
Unrelated individuals 15 years and over	14	42.42%	31.63%

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