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
Housing Overview
Median Home Value
$191,400
32% below
US avg: $281,900
Median Rent
$874/mo
25% below
US avg: $1,163/mo
Homeownership Rate
55.9%
15% below US avg (65.4%)
Total Housing Units
2,816
Median year built: 1966
Home Value by Source
Census Median
$191,400
Zillow (ZHVI)
$257,771
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.9%
Owner-Occupied
44.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent:
$874/mo
Affordability & Housing Stock
Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
55.9%
Complete Housing Data
Home Values
| Census Median Value | $191,400 |
| Zillow Home Value (ZHVI) | $257,771 |
Rent
| Census Median Rent | $874 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
Ownership & Stock
| Owner-Occupied | 55.9% |
| Renter-Occupied | 44.1% |
| Homeownership Rate | 55.9% |
| Total Housing Units | 2,816 |
| Median Year Built | 1966 |
| Rent Burden | 28.1% |