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Lake Madison, SD

Comprehensive demographics, housing data, local amenities, and economic statistics for Lake Madison.

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Community Insights

Highly Educated
28% hold a bachelor's degree
top 12% nationally
High Incomes
$106k/year
top 14% nationally
Leading Industries
Transportation · Information & Media · Construction
6% transportation
Home Value Growth⬆⬆⬆
+40.4% over 2 years
Retirees
33% of residents
top 4% nationally
Homeowners
90% of occupied units

People & Demographics

Total Population772
Households—
Under 18
15.0%
Age 18–34
18.0%
Age 35–64
34.0%
Age 65+
33.0%
Veterans
10.0%
Active Duty
0.0%

Housing & Living

Median Home Value$410,000
Median Gross Rent$821/mo
Owner Occupied
89.9%
Renter Occupied
10.1%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$105,545
Poverty Rate—

Key Industries

Healthcare2.0%
Professional Services1.0%
Manufacturing0.0%
Retail11.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities30 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
28.0%
Master's or Higher
11.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Lake Madison?›

The total population of Lake Madison is approximately 772. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Lake Madison walkable and transit-friendly?›

Based on local geographic data, Lake Madison has an amenity and walkability score of 30/100 and a transit score of 28/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Lake Madison?›

The housing market in Lake Madison is predominantly driven by homeowners, with 90% of housing units being owner-occupied and 10% being renter-occupied.

What is the education level of residents in Lake Madison?›

In Lake Madison, approximately 28% of adult residents hold a bachelor's degree or higher. Additionally, 11% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.