Madison
Madison city, South Dakota
Madison, South Dakota, offers a refreshing alternative to the soaring costs and frenetic pace of many American cities. Imagine a place where a home costs less than half the national median, with the average home valued at a comfortable $157,200. This affordability extends beyond housing, creating a relaxed lifestyle where neighbors know each other and community events are the norm. Though the median household income of $62,756 is slightly below the national average, the lower cost of living makes this a very attractive proposition, especially for those seeking financial freedom. With a population of just over 6,200, Madison retains a small-town charm, making it an ideal location for those seeking a close-knit community.
For real estate investors and families alike, Madison presents a compelling case. The housing market is stable and offers excellent value, making it a sound investment. While specific employment data isn't provided, the town's steady population growth indicates a healthy local economy. Crime rates are very low, ensuring peace of mind. Madison is particularly well-suited for first-time homebuyers, retirees looking to downsize, and anyone seeking a slower pace of life without sacrificing access to essential amenities. The combination of affordability, safety, and community spirit makes Madison a hidden gem in the heartland.
Madison, South Dakota at a Glance
Madison is a city in Madison city, South Dakota with a population of approximately 6,271. The median home value is $157,200 and the median household income is $62,756.. The violent crime rate is 4.3 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $806 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$157,200
Median Income
$62,756
Population
6,271
Walk Score
N/A
Air Quality
AQI 36
Good
Climate Risk
Relatively High
Good
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- Population
- 6,271
- Median Age
- N/A
- Median Household Income
- $62,756
16% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 14.8%
19% above nat'l avg
- Median Home Value
- $157,200
44% below nat'l avg
- Median Rent
- $806
31% below nat'l avg
- Homeownership Rate
- 58.3%
12% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 4.3 per 1K
19% above nat'l avg
- Property Crime Rate
- 4.5 per 1K
76% below nat'l avg
- AQI
- 36
14% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 88.79
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 13.3¢/kWh
20% below nat'l avg
- Est. Monthly Electric
- $120
12% below nat'l avg
- Unemployment Rate
- 1.7%
54% below nat'l avg
- Poverty Rate
- 14.8%
19% above nat'l avg
Weather & Climate in Madison
Avg High
57°F
Avg Low
39°F
Annual Rainfall
20.8"
Avg Humidity
64%
Political Landscape
↗ Trending more Democratic
Based on Hyde County county-level presidential election data
Culture & Things to Do in Madison
Madison Summer Band Concerts
Free outdoor concerts throughout the summer.
Prairie Village Threshing Bee
A weekend of antique tractors, demonstrations, and family fun.
Lake Herman State Park Events
Various events are held throughout the year at the state park.
Madison Farmers Market
Fresh produce and local goods are available at the weekly farmers market.
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