All Countries
Madison, SD
Full City Profile · South Dakota · Lake County County
3.5
/5.0
B+
Good
6,158
Population
1,333/sq mi density
$62,180
Median Income
$35,369 per capita
$191,400
Home Value
$257,771 Zillow
$874
Median Rent
28.1% income on rent
46°F
Avg Temperature
276 sunny days/yr
225
Violent Crime/100K
1,032 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$62,180 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$191,400 home value, $874/mo rent
F
Safety
1.0 / 5.0
225 violent crimes/100K
B+
Education
3.9 / 5.0
35.7% bachelor's degree or higher
Income Overview
Median Household Income
$62,180
17% below
US avg: $75,149
Per Capita Income
$35,369
9% below
US avg: $39,052
Unemployment Rate
2.1%
42% below
US avg: 3.6%
Poverty Rate
4.9%
60% below
US avg: 12.4%
Income Comparison: Madison vs. U.S. Average
Each bar shows Madison’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,180
83%
Per Capita
US: $39,052
$35,369
91%
IRS Avg AGI
US: $72,000
$85,103
118%
Avg Weekly Wage
US: $1,432
$1,092
76%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,092
24% below US avg ($1,432)
Mean Commute Time
12 min
58% below US avg (28 min)
Work From Home
5.9%
61% below US avg (15.2%)
Drive Alone
79.5%
9% above US avg (73.2%)
Public Transit
2.3%
54% below US avg (5.0%)
County GDP
$934M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.5%
Public Transit
2.3%
Work From Home
5.9%
Other
12.3%
Average commute time
12 minutes
US avg: 28 min
Business Landscape
Total Establishments
492
Restaurants
36
Healthcare
30
Retail
42
Manufacturing
27
Tax & Financial
IRS Avg Adjusted Gross Income
$85,103
18% above US avg ($72,000)
Avg Property Tax
$6,037
72% above US avg ($3,500)
Cost of Living Index
88.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,180 |
| Per Capita Income | $35,369 |
| IRS Avg Adjusted Gross Income | $85,103 |
| Avg Weekly Wage | $1,092 |
| County GDP | $934M |
Hardship Indicators
| Unemployment Rate | 2.1% |
| Poverty Rate | 4.9% |
| Gini Coefficient | 0.484 |
| Cost of Living Index | 88.6 |
Commute
| Mean Commute | 12 minutes |
| Drive Alone | 79.5% |
| Public Transit | 2.3% |
| Work From Home | 5.9% |
Businesses
| Total Establishments | 492 |
| Restaurants | 36 |
| Healthcare | 30 |
| Retail | 42 |
| Manufacturing | 27 |
Tax
| IRS Avg AGI | $85,103 |
| Avg Property Tax | $6,037 |