HomeSouth DakotaLake CountyLake Madison
Lake Madison, South Dakota: commercial real estate data.
Lake Madison is a Census CDP of 936 people across 4.72 square miles of land, in Lake County. Median household income is $129,191, 90.9 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lake Madison
What Lake Madison is
- Census place typeCDP
- Land area4.72 sq mi
- Water area4.38 sq mi
- Population per square mile of land198
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Madison
How many people live in Lake Madison
- Population936
- Median age63.2
- Population under 1898 plus or minus 67
- Share under 1810.5 percent plus or minus 6.9
- Population 65 and over354 plus or minus 104
- Share 65 and over37.8 percent plus or minus 8.5
- Households485 plus or minus 99
- Family households330 plus or minus 91
- Share of households that are families68.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Madison
Income and work in Lake Madison
- Median household income$129,191 plus or minus $49,280
- Per capita income$120,127 plus or minus $48,025
- Civilian labor force513 plus or minus 122
- Employed498 plus or minus 122
- Unemployed15 plus or minus 18
- Unemployment rate2.9 percent plus or minus 3.4
- Adults 25 and over834
- Adults 25 and over with a high school diploma or higher99.6 percent
- Adults 25 and over with a bachelor degree or higher49.3 percent
- Adults 25 and over with a graduate degree18.3 percent plus or minus 7.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Madison
Housing in Lake Madison
- Housing units937
- Occupied units485 plus or minus 99
- Vacant units452 plus or minus 110
- Vacancy rate48.2 percent plus or minus 10.2
- Owner occupied441 plus or minus 94
- Renter occupied44 plus or minus 29
- Ownership rate90.9 percent
- Median owner-occupied home value$477,800
- Median gross rent, monthly$867 plus or minus $455
- Annual rent as a share of median income8.1 percent plus or minus 5.2
- Single family units751
- Share single family80.1 percent
- Units in buildings of two or more33 plus or minus 24
- Share in buildings of two or more3.5 percent plus or minus 2.5
- Mobile homes153 plus or minus 92
- Median year structure built1988
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Madison
How Lake Madison gets to work
- Workers 16 and over who commute330 plus or minus 106
- Commuting under 15 minutes204 plus or minus 79
- Share commuting under 15 minutes61.8 percent plus or minus 13.2
- Commuting 30 minutes or more76 plus or minus 44
- Share commuting 30 minutes or more23.0 percent plus or minus 11.1
- Drove alone62.6 percent plus or minus 14.0
- Carpooled2.3 percent plus or minus 2.6
- Public transport0.0 percent
- Walked1.0 percent plus or minus 1.6
- Worked from home32.2 percent plus or minus 13.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake County, not Lake Madison
Lake County context, not Lake Madison figures
- Establishments in Lake County339
- Covered employment, Lake County5,221
- Average annual pay, Lake County$56,802
- Housing units permitted, Lake County30
Every figure in this section is published for Lake County as a whole and is not a measurement of Lake Madison.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lake Madison questions, answered from the record.
How many people live in Lake Madison, South Dakota?
936, in 485 households. Lake Madison CDP covers 4.72 square miles of land, which is 198 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Madison in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Madison?
$129,191. The median owner-occupied home is valued at $477,800. Median gross rent is $867 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Lake Madison figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Madison.
Is zoning published for Lake Madison?
No. Nothing on this page presents parcel level zoning.
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