South Dakota / County

Moving to Lake Madison, SD

Thinking of making a move to Lake Madison, SD? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Lake Madison, SD

Considering a move to Lake Madison, SD? This welcoming community of 410 residents offers a blend of suburban charm and convenience, with median home prices around $325,000 and average rents near $980. Commute times average 26 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (62% annually), ideal for families and commuters alike. Explore Lake Madison's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Lake Madison, SD

Lake Madison has a population of 410 residents, offering a diverse community with a median age of nearly 48 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 98% White, 0% Black, and 1% Asian residents, and over 2% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

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?

The cost of living in Lake Madison is higher than the national average, with a cost of living index of 88.5. Median home values are around $325,000 and average rents for a two-bedroom apartment are approximately $980. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

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: 0%| High: 0%
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 is considered a safe community, with a low violent crime rate of 92 incidents per 100,000 residents and a property crime chance of 1 in 93. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in South Dakota.

Violent Crimes Per 100k
92
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?

Lake Madison experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 7°F. The area receives about 28 inches of rainfall annually and enjoys sunshine on 62% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
7°F
Max
27°F

Summer

Min
59°F
Max
84°F

Spring

Min
35°F
Max
65°F

Fall

Min
38°F
Max
66°F
Average Rainfall Inches
28.3 inches
Sunny Days Percentage
62%

Neighbors

The neighborhood boasts a healthy median household income of $86,700 and a low poverty rate of 5.1%. Over 96% of residents have at least a high school diploma, and nearly 38% hold a bachelor's degree or higher. Commute times average 26 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

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?

Lake Madison offers quality education options, with public schools like Madison Elementary School and Madison Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Dakota State University. The community is committed to educational excellence for all age groups.

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
SD
Distance
5 miles
Students
3,200

Healthcare

Lake Madison residents have access to quality healthcare, with major hospitals like Madison Regional Health System and Avera McKennan Hospital & University Health Center nearby. The community benefits from a high physician-to-resident ratio of 2.1 per 1,000 people and 93.8% health insurance coverage. Local healthcare services are reliable and comprehensive.

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

Healthcare Access

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?

The local housing market is strong, with a median home price of $325,000 and an owner-occupied rate of nearly 87%. The market has seen a 6.2% appreciation over the past year, and rental vacancy rates remain moderate at 8.5%. Lake Madison offers a mix of stability and opportunity for both buyers and renters.

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

Residents of Lake Madison handle vehicle services through the South Dakota Department of Public Safety – Driver Licensing, conveniently located in Madison. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
South Dakota
Department
South Dakota Department of Public Safety – Driver Licensing
Address
118 W Center St, Madison, SD 57042
Phone
(605) 256-7615

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.

FAQs About Moving to Lake Madison, SD

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Lake Madison, review the core fields on this page: population 410, median home value $325,000, average rent for 2 bedroom $980, commute time 26.4 minutes, and sunny days percentage 62%.

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