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Lake Madison, SD
Full City Profile · South Dakota · McCook County County
Lake Madison, SD
At a Glance
How Lake Madison Compares to the U.S. Average
Each bar shows Lake Madison's value as a percentage of the national average (100% = U.S. avg)
Is Lake Madison a Good Place to Live?
Economy & Jobs
Lake Madison residents earn a median household income of $116,648 , which is 55% above the national average of $75,149. Per capita income is $95,163. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 3.9% of residents live below the poverty line. The area is home to 246 business establishments, including 18 restaurants.
Housing & Cost of Living
The median home value in Lake Madison is $496,600 , 76% above the national median of $281,900. Zillow estimates the typical home at $483,817. Median rent is $595/month, with 17.2% of renters spending more than 30% of income on housing. The cost of living index is 88.6 (100 = national average). The median home was built in 1990.
Safety & Crime
Lake Madison reports 142 violent crimes per 100,000 residents , which is 63% below the national average of 380/100K. Property crime is 1,332/100K.
Education
48.5% of adults in Lake Madison hold a bachelor's degree or higher (44% above the national average). 99.6% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Lake Madison has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 72°F in July. The area gets 291 sunny days per year. Annual precipitation totals 26.4 inches. Air quality is rated Good with a median AQI of 35.