City profile · South Dakota · Census ACS 2023

Lake Madison, SD

Population, income, housing, safety, climate and schools for Lake Madison - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

885
Residents
$116,648
Median income
$496,600
Median home
$970
Median rent (state)

Lake Madison - the verdict

Measured against every US city with at least 1,000 residents, Lake Madison lands in the 86th percentile for household income. Source: Census ACS.

86th
percentile, household income
85th
percentile, home value
12th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Lake Madison, SD

Census ACS 2023 estimates count 885 residents in Lake Madison, a small town within South Dakota. Median household income here is $116,648 per year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 3.9%. Lake Madison's housing stock carries a median value of $496,600, and the median resident age is 61.3 years. 48.5% of adults here have a bachelor's degree or higher; 56.0% of working-age residents are in the labor force.

Living costs in South Dakota run below the national norm: on BEA's 100-equals-national-average cost index, South Dakota scores 88.6 (Well Below Average), per the 2024 Regional Price Parities release. A typical two-bedroom carries a HUD Fair Market Rent of $970 per month statewide. EIA 2023 residential energy data puts South Dakota's average monthly utility costs around $200 (state average). Natural-hazard exposure scores 32.6 out of 100 on FEMA's National Risk Index (Very Low).

Population

885 residents

Census ACS 2023 - South Dakota

Median Household Income

$116,648 /yr

Poverty 3.9%

Cost of Living Index (state)

88.6 (US=100)

Well Below Average - BEA RPP 2024, South Dakota average

How does Lake Madison compare to other US cities?

Here's how Lake Madison stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 86% higher than other cities
Home value 85% pricier than other cities
Median rent 12% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Lake Madison against every qualifying US city; each in-state rank narrows that to South Dakota only. Full formula and direction notes: methodology.

South Dakota-relative analysis

Median Home Value is Lake Madison's strongest outlier among South Dakota cities

Among the 263 South Dakota cities PlainCities tracks with reported median home value data, Lake Madison ranks #6 - the 98th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Lake Madison only against its own state's cities, not the full US field.

Median Household Income
#11 of 285
96th percentile in South Dakota
Median Gross Rent
#97 of 303
66th percentile in South Dakota
Median Home Value
#6 of 263
98th percentile in South Dakota
Poverty Rate
#188 of 302
37th percentile in South Dakota
Bachelor's Degree or Higher
#8 of 303
97th percentile in South Dakota

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within South Dakota only, not a livability score. See the methodology for the source and calculation.

86thIncome percentile

86th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Lake Madison's home value compares nationally

Median home value vs. every US city (population 1,000+)

$496,600 15th percentile more affordable than 15% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). Below this entry. $350,000–$375,000: 465 US cities (3%). Below this entry. $375,000–$400,000: 393 US cities (3%). Below this entry. $400,000–$425,000: 317 US cities (2%). Below this entry. $425,000–$450,000: 300 US cities (2%). Below this entry. $450,000–$475,000: 307 US cities (2%). Below this entry. $475,000–$500,000: 250 US cities (2%). This entry sits in this band. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Lake Madison $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Lake Madison, SD Lake Madison, SD's reported median household income shown against the U.S. national quintile-share pattern (not Lake Madison, SD-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Lake Madison, SD median $116,648/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Lake Madison, SD's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Lake Madison, SD. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 48.5%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 3.9%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 56.0%

Census ACS S2301, share of working-age residents in the labor force

Population
885
Median Income
$116,648
Median Home Value
$496,600
Median Age
61.3
Poverty Rate
3.9%
Labor force participation
56.0%
Bachelor's Degree+
48.5%

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
63.8%
Carpool
2.4%
Public Transit
0.0%
Walk
2.2%
Work from Home
27.6%
Other
4.0%

Based on 417 workers 16 and over.

Monthly Utility Costs

State-average estimates for South Dakota - EIA 2023 residential energy data

Electricity
$95
avg/month
Natural Gas
$65
avg/month
Water & Sewer
$40
avg/month
Total Utilities
$200
estimated/month

Estimates reflect South Dakota state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a South Dakota state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Lake Madison sits in

Cost of Living Index
88.6
Well Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$970/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
32.6 / 100
Very Low
FEMA NRI composite score (county)

Similar Cities in South Dakota

Mina
888 people
Meadow View Addition
880 people
Centerville
876 people
Viborg
874 people
Estelline
862 people
Allen
860 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Lake Madison's 885 residents (Census ACS 5-Year 2023).

Archer, FL
885 people
Merrill, IA
885 people
Mount Vernon, MD
885 people
Pentwater, MI
885 people
Triadelphia, WV
885 people
Mayer, AZ
884 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Lake Madison's $116,648 (Census ACS 5-Year 2023, table B19013).

Pickerington, OH
$116,645 median income
Cold Spring, NY
$116,635 median income
Blue Ash, OH
$116,663 median income
Breinigsville, PA
$116,631 median income
Fetters Hot Springs-Agua Caliente, CA
$116,667 median income
Morrison, CO
$116,667 median income

Race & Ethnicity Composition

Race and ethnicity - Lake Madison, SD Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Lake Madison, SD - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 80.0% 8.6% 11.4% ETHNICITY, Hispanic or Latino (any race) 0.0% White 80.0% Black or African American 0.0% Asian 0.0% American Indian 8.6% Native Hawaiian 0.0% Some other race 0.0% Two or more races 11.4% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Lake Madison compares to nearby South Dakota cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Lake Madison (this city) 885 $116,648
Mina 888 $102,969
Meadow View Addition 880 $92,470
Centerville 876 $58,438
Census ACS 5-year FIPS SD OMB Bulletin 23-01

What do people ask about Lake Madison, SD?

What is the population of Lake Madison, SD? +

885 people live in Lake Madison, SD according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Lake Madison, SD? +

Lake Madison households earn a median of $116,648 annually, based on Census ACS 2023 data.

What is the cost of living in Lake Madison? +

BEA does not publish a city-level cost-of-living figure for Lake Madison; the closest available measure is the South Dakota state average, a cost of living index of 88.6 (U.S. average = 100), rated "Well Below Average" based on BEA Regional Price Parities 2024 data. Costs within South Dakota vary by metro area.

What is the median home value in Lake Madison, SD? +

The median home value in Lake Madison is $496,600, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.