Lake Madison
Lake Madison is significantly wealthier than the US average, with a median household income of $129,191. Population has held roughly steady since 2023. 49% of adults hold a bachelor's degree or higher. Median home value is $477,800. With a median age of 63.2, the population is older than the US median of 38.9. It ranks in the top 5% of US cities for household income.
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How many people live in Lake Madison, South Dakota?
Lake Madison, South Dakota has about 936 residents according to the 2024 American Community Survey.
What is the median household income in Lake Madison, South Dakota?
The typical household in Lake Madison, South Dakota earns about $129,191 a year. Half of households make more than that, and half make less.
Is Lake Madison, South Dakota expensive?
In Lake Madison, South Dakota, the median home is worth about $477,800, and the typical rent is about $867 a month.
How educated are people in Lake Madison, South Dakota?
About 49.3% of adults age 25 and over in Lake Madison, South Dakota hold a bachelor's degree or higher.
What is the poverty rate in Lake Madison, South Dakota?
About 1.0% of people in Lake Madison, South Dakota live below the federal poverty line.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024