Madison

Population: 6,158
Median household income: $62,180
Median home value: $191,400

Madison, a community in Lake County, South Dakota, has 6,158 residents. The median household income of $62,180 is below the Lake County median ($73,792).

Between 2019 and 2023, Madison's population declined 15.2% from 7,261 to 6,158, while its median home value rose 54.5% from $123,900 to $191,400.

Owners occupy 55.9% of the area's occupied homes. The median resident is 39.6 years old.

Demographics

ACS 2019–2023

Population: 6,158
Median age: 39.6 yrs
Median household income: $62,180
Median home value: $191,400
Median gross rent: $874
Housing units: 2,878
Homeownership rate: 55.9%
Bachelor's degree or higher: 35.7%
Unemployment rate: 3.1%

Trends

ACS 5-year · 2019–2023

Population

7,2616,158

Median household income

$55,096$62,180

Median home value

$123,900$191,400

Median gross rent

$564$874

Year	Population	Median household income	Median home value	Median gross rent
2019	7,261	$55,096	$123,900	$564
2020	7,249	$54,861	$124,300	$664
2021	6,388	$58,564	$143,100	$751
2022	6,271	$62,756	$157,200	$806
2023	6,158	$62,180	$191,400	$874

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.3%

5 to 1714.7%

18 to 2415.1%

25 to 3412.4%

35 to 4410.1%

45 to 547.4%

55 to 6412.8%

65 to 7413.9%

75 and over8.5%

	Count	Share
Under 5	326	5.3%
5 to 17	904	14.7%
18 to 24	929	15.1%
25 to 34	761	12.4%
35 to 44	621	10.1%
45 to 54	455	7.4%
55 to 64	786	12.8%
65 to 74	855	13.9%
75 and over	521	8.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,687	92.4%
Black or African American	55	0.9%
American Indian & Alaska Native	27	0.4%
Asian	26	0.4%
Native Hawaiian & Pacific Islander	6	0.1%
Some other race	0	0.0%
Two or more races	28	0.5%
Hispanic or Latino (any race)	329	5.3%

Educational attainment (age 25+)

No high school diploma6.7%

High school graduate24.0%

Some college or associate's33.6%

Bachelor's degree26.0%

Graduate or professional degree9.7%

	Count	Share
No high school diploma	269	6.7%
High school graduate	959	24.0%
Some college or associate's	1,342	33.6%
Bachelor's degree	1,040	26.0%
Graduate or professional degree	389	9.7%

Commute to work

Mean travel time to work: 12 min

Drove alone79.5%

Carpooled4.5%

Public transit2.3%

Walked6.5%

Bicycle0.0%

Worked from home5.9%

Other means1.3%

How workers get to work

	Count	Share
Drove alone	2,572	79.5%
Carpooled	145	4.5%
Public transit	74	2.3%
Walked	209	6.5%
Bicycle	0	0.0%
Worked from home	191	5.9%
Other means	43	1.3%

Travel time

	Count	Share
Under 15 min	2,387	78.4%
15 to 29 min	288	9.5%
30 to 44 min	180	5.9%
45 to 59 min	143	4.7%
60+ min	45	1.5%

Households

Average household size: 2.23
Poverty rate: 11.2% (636 of 5,671)

	Count	Share
Family households	1,363	54.0%
Nonfamily households	1,162	46.0%

Housing

Median year structure built: 1969

Occupancy

	Count	Share
Occupied	2,525	87.7%
Vacant	353	12.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,412	55.9%
Renter-occupied	1,113	44.1%

1-unit, detached61.5%

1-unit, attached1.8%

2 to 4 units8.3%

5 to 19 units13.2%

20 or more units9.4%

Mobile home & other5.8%

Units in structure

	Count	Share
1-unit, detached	1,770	61.5%
1-unit, attached	51	1.8%
2 to 4 units	238	8.3%
5 to 19 units	380	13.2%
20 or more units	271	9.4%
Mobile home & other	168	5.8%

Geography

Place GEOID: 4640220
Type (LSAD): 25
Land area: 4.62 sq mi
Water area: 0 sq mi
Center point: 44.0062, -97.1085