Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.4 yrs |
|---|---|
| Avg HH Size | 2.26 |
| Below Poverty | 9.9% ≈ Avg |
| College Grads | 50.9% ▲ 31% above avg |
| Unemployment | 3.1% ▼ 38% below avg |
| No HS Diploma | 7 (0.1%) |
| HS Graduate | 1,081 (21.4%) |
| Some College | 602 (11.9%) |
| Associates | 790 (15.6%) |
| Bachelors | 667 (13.2%) |
| Graduate Degree | 1,903 (37.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $68,672 ▼ 10% below avg |
|---|---|
| Median Home Value | $218,200 ▼ 22% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $877/mo |
| Total Housing Units | 3,768 |
| Vacant Units | 519 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Madison is a city in South Dakota, located in Lake County. The city spans 1 ZIP code and is home to approximately 7,900 residents. It is a middle-aged city, with a median age of 41.4 years.
Economically, Madison is a solidly middle-class community. The median household income of $68,672 is near the national average. Approximately 9.9% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Madison is an affordable housing market. Median home values stand at $218,200, which is below the national average. Renters typically pay around $877 per month. Homeownership is high at 64.2%, typical of suburban and family-oriented communities.
The population of Madison is well-educated. 50.9% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (92.48%).
Madison, SD offers residents a cost-conscious lifestyle within South Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 57042 | 7,900 | $68,672 | $218,200 | $877 | 3.1% | 50.9% | 64.2% |