Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

3 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $874

Average Rent as Percentage of Gross Income

Median rent for 2018: $529

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $3,394
--Home Prepared Food $1,912
--Restaurant/Takeaway Food $1,481
Alcoholic Beverages $249
Housing $8,602
--Rent/Mortgage/Upkeep/Taxes $5,030
--Utilities $1,734
--Operations $653
--Supplies $320
--Furnishings $869
Apparel $798
--Men & Boys $178
--Women & Girls $323
--Children < 2 $3
--Footwear $168
Transportation $4,178
--New Vehicles $781
--Used Vehicles $892
--Fuel $902
--Insurance $417
--Public Transit $350
Healthcare $2,128
Entertainment $1,380
--Pets $283
--Toys $67
Personal Care Products $330
Books & Literature $47
Education $603
Tobacco Products $148
Miscellaneous $424
Retirement $808
Non-health Insurance $3,124
Total Expenditures $26,214

Selected Population Data

Period Geography Population
2014 Madison city, Minnesota 1,559
2015 Madison city, Minnesota 1,558
2016 Madison city, Minnesota 1,567
2017 Madison city, Minnesota 1,574
2018 Madison city, Minnesota 1,540