Median Household Income
$65,593 ± $9,132
Median Home Value
$193,100 ± $35,727
Median Gross Rent
$981 ± $114/mo
Per Capita Income
$36,282
Poverty Rate
9.5%
Unemployment Rate
4.4%
Homeownership Rate
60.2%
Bachelor's Degree or Higher
34.3%
Median Age
40.1
Average Commute
10 min
Households
2,573
Veterans
319
Population Over Time
Madison shrank 10.8% from 2014 to 2024.
2014
6,830
2016
7,101
2018
7,203
2020
7,249
2022
6,271
2024
6,094
Population by Race & Ethnicity
White
94.5%
Hispanic or Latino
4.3%
Black or African American
1.3%
Asian
0.8%
Nearby Cities in South Dakota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.