South Dakota · Census place 40220
Madison city, SD
Quick answer
Madison city has 6,158 residents, ranking #18 of 485 places in South Dakota. Median household income is $62,180, the median home is worth $191,400 and median gross rent runs $874 a month.
- Population
- 6,158Madison city residents
- Median household income
- $62,180Past 12 months, inflation adjusted
- Median home value
- $191,400Owner-occupied units
- Median gross rent
- $874Rent plus utilities, monthly
- Median age
- 39.6 yrsAll residents
- Homeownership rate
- 55.9%Owner-occupied households
What the numbers mean in Madison city
Housing cost measured against local earnings.
A household earning the Madison city median would spend about 16.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.2% of residents and 55.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in South Dakota.
- Rapid Valley CDP 7,153
- Sturgis city 7,111
- Tea city 6,339
- Belle Fourche city 5,741
- Dakota Dunes CDP 4,129
- Dell Rapids city 3,947
- Milbank city 3,513
Keep going
More South Dakota coverage.