What Should I Know Before Moving to Lake Madison?

Check the cost of living, housing, traffic, and public transit in Lake Madison. Each neighborhood has its own vibe, so pick one that fits your lifestyle. Be prepared for Lake Madison climate and weather.

How Much Do Movers Charge in Lake Madison?

Moving within Lake Madison usually costs between $300 and $1,500. Moving long distances can cost anywhere from $2,000 to more than $5,000. The price may go up if you need extra services like packing or storage. Fill out Movers.com quote form to compare the quotes easily.

What’s the Best Time of the Year to Move to Lake Madison?

While moves happen year-round, spring and fall are often more comfortable in Lake Madison. Booking outside of peak summer or winter seasons can save money and make scheduling easier.

Do Moving Companies in Lake Madison Offer Packing and Unpacking Services?

Yes! Majority of moving companies in Lake Madison offer full service moving, which means they will help you pack, unpack, and arrange your belongings.

When You Move from Lake Madison, How Far in Advance Should I Schedule My Move?

You should plan your move from Lake Madison at least 4 to 8 weeks in advance, especially if you're moving during the busy season (summer). You can get better availability, prices, and flexibility with your moving date if you book early. If you book at the last minute, you may have fewer choices or pay more.

Moving to Lake Madison, SD | Find Trusted Movers & Services

Everything You Should Know Before Moving to Lake Madison, SD

Considering a move to Lake Madison, SD? This lakeside community of 410 offers tranquil living and a friendly, close-knit vibe. With median home values around $325,000 and average rents near $980, cost of living is affordable compared to national averages. Crime rates are very low, commutes are short at about 26 minutes, and the area features excellent access to outdoor recreation and highly rated schools. Enjoy four distinct seasons, 62% sunny days, and the convenience of nearby Madison’s amenities, including Dakota State University.

Demographics - Lake Madison, SD

Lake Madison is a small, close-knit community with around 410 residents, a median age nearing 48, and a population density that allows for plenty of space and tranquility. The area is predominantly White, and non-English speakers make up just over 2% of the population, contributing to a welcoming, neighborly feel.

Population:

410

Density:

130 per sq mi

Median Age:

47.8

Gender Ratio:

102 males per 100 females

Non-English Speakers Percentage:

2.1%

Ethnic Composition

White:

97.5%

Black:

0.3%

Asian:

0.5%

Others:

1.7%

Cost Of Living

What is the average cost of living in Lake Madison, SD?

With a median home value of $325,000 and average rent of $980, Lake Madison offers affordable living costs compared to national averages. Utilities and transportation are reasonably priced, and state income taxes are nonexistent, making it an attractive option for budget-conscious movers.

Median House Value:

$325,000

Gross Rent:

$980

Monthly Electricity Charges:

$110

Auto Insurance:

$1,250

House Owner Cost With Mortgage:

$1,480

House Owner Cost Without Mortgage:

$470

State Taxes:

Low:

High:

Cost Of Living Index:

88.5

Grocery:

97.5

Housing:

81.0

Utilities:

90.5

Transportation:

94.3

Health Care:

94.8

Miscellaneous:

97.2

Crime

Is Lake Madison, SD a safe place to live?

Lake Madison boasts very low crime rates, with a violent crime rate of just 92 incidents per 100,000 residents and a low property crime rate as well. Residents enjoy a strong sense of safety, with the chance of experiencing violent crime at only about 1 in 1,100.

Violent Crimes Per 100k:

Property Crimes Per 100k:

1,070

Crime Index:

1,162

Chance Of Violent Crime:

1 in 1,100

Chance Of Property Crime:

1 in 93

Weather

What is the weather like in Lake Madison, SD year-round?

Residents experience all four seasons, with warm summers reaching up to 84°F and chilly winters dropping to single digits. The area enjoys 62% sunny days annually and receives about 28 inches of rainfall, making it ideal for those who appreciate seasonal variety and outdoor activities.

Winter

Min:

7°F

Max:

27°F

Spring

Min:

35°F

Max:

65°F

Summer

Min:

59°F

Max:

84°F

Fall

Min:

38°F

Max:

66°F

Average Rainfall Inches:

28.3 inches

Sunny Days Percentage:

62%

Neighbors

Lake Madison's households have a median income of $86,700 and a low poverty rate of just over 5%, reflecting a stable, prosperous community. Most residents have at least a high school diploma, and commutes average a manageable 26 minutes, supporting a relaxed, family-friendly lifestyle.

Median Income:

$40,800

Household Income:

$86,700

Family Income:

$94,200

Per Capita Income:

$41,200

Income Male:

$48,500

Income Female:

$37,800

Poverty Rate:

5.1%

Non English Speakers:

2.1%

Rent:

$980

Unemployment Rate:

3.4%

Public Transport Usage:

0.2%

Commute Time:

26.4 minutes

Education

High School or Higher:

95.9%

Bachelors or More:

37.6%

Education

How are the schools in Lake Madison, SD?

Families in Lake Madison enjoy access to reputable public and private schools, as well as proximity to Dakota State University just five miles away. The student-to-teacher ratios support personalized learning, making the area appealing for students of all ages.

Public Schools

Name:

Madison Elementary School

Street:

400 N Highland Ave

Phone:

605-256-7706

Students:

610

Student Teacher Ratio:

13.8

Name:

Madison Middle School

Street:

500 NE 9th St

Phone:

605-256-7717

Students:

410

Student Teacher Ratio:

14.5

Private Schools

Name:

St. Thomas School

Street:

401 N Van Eps Ave

Phone:

605-256-4419

Students:

110

Colleges

Name:

Dakota State University

City:

Madison

State:

Distance:

5 miles

Students:

3,200

Healthcare

Access to healthcare is strong in Lake Madison, with over 93% of residents covered by health insurance and local hospitals like Madison Regional Health System nearby. The area has a good physician-to-population ratio and reliable emergency services for peace of mind.

Major Hospitals

Name:

Madison Regional Health System

Address:

323 SW 10th St, Madison, SD 57042

Phone:

(605) 256-6551

Type:

General & Surgical

Emergency Services:

Yes

Name:

Avera McKennan Hospital & University Health Center

Address:

1325 S Cliff Ave, Sioux Falls, SD 57105

Phone:

(605) 322-8000

Type:

General & Surgical

Emergency Services:

Yes

Physicians Per 1000:

2.1

Health Insurance Coverage:

93.8%

Health Care Index:

76.0

Housing Market

What is the housing market like in Lake Madison, SD?

Lake Madison features a healthy housing market, with a median home price of $325,000 and an impressive 87% owner-occupancy rate. Home values have seen steady appreciation, while rental options remain accessible and foreclosures are minimal.

Median Home Price:

$325,000

Average Rent For 2 Bedroom:

$980

Owner Occupied Rate:

87.0%

Rental Vacancy Rate:

8.5%

Home Appreciation Rate (1yr):

6.2%

New Construction Rate:

1.3%

Foreclosure Rate:

0.2%

DMV Information

Driver licensing and vehicle services for Lake Madison residents are conveniently provided by the South Dakota Department of Public Safety at a local Madison office, with easy access to in-person and online resources.

State:

South Dakota

Department:

South Dakota Department of Public Safety – Driver Licensing

Address:

118 W Center St, Madison, SD 57042

Phone:

(605) 256-7615

Website:

https://dps.sd.gov/driver-licensing

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.