Madison, SD
Full City Profile · South Dakota · Lake County County
Madison, SD
At a Glance
How Madison Compares to the U.S. Average
Each bar shows Madison's value as a percentage of the national average (100% = U.S. avg)
Is Madison a Good Place to Live?
Economy & Jobs
Madison residents earn a median household income of $62,180 , which is 17% below the national average of $75,149. Per capita income is $35,369. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). 4.9% of residents live below the poverty line. The area is home to 492 business establishments, including 36 restaurants.
Housing & Cost of Living
The median home value in Madison is $191,400 , 32% below the national median of $281,900. Zillow estimates the typical home at $269,467. Median rent is $874/month, with 28.1% 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 1966.
Safety & Crime
Madison reports 148 violent crimes per 100,000 residents , which is 61% below the national average of 380/100K. Property crime is 791/100K.
Education
35.7% of adults in Madison hold a bachelor's degree or higher (6% above the national average). 93.3% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Madison has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 72°F in July. Annual precipitation totals 26.4 inches.