Lake Madison, South Dakota Population 2020

905

Lake Madison is a city located in South Dakota. Lake Madison has a 2020 population of 905. Lake Madison is currently declining at a rate of 0.00% annually and its population has increased by 32.50% since the most recent census, which recorded a population of 683 in 2010. Lake Madison reached it's highest population of 909 in 2016.

The average household income in Lake Madison is $121,892 with a poverty rate of 3.20%. The median rental costs in recent years comes to $739 per month, and the median house value is $302,500. The median age in Lake Madison is 61.1 years, 58.7 years for males, and 62 years for females. For every 100 females there are 160.1 males.

Lake Madison Demographics

According to the most recent ACS, the racial composition of Lake Madison was:

  • White: 99.01%
  • Two or more races: 0.99%
  • Black or African American: 0.00%
  • Native American: 0.00%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
The current population of Lake Madison, South Dakota is 905, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 905.The last official US Census in 2010 recorded the population at 683.

Lake Madison, South Dakota Population 2020

Population by Race

Race Population Percentage
White89699.01%
Two or More Races90.99%

Lake Madison Population Pyramid 2020

Lake Madison Median Age

61.1


Total

58.7


Male

62


Female

Lake Madison Adults

There are 846 adults, (329 of whom are seniors) in Lake Madison.

Lake Madison Age Dependency

75

Age Dependency Ratio

63.6

Old Age Dependency Ratio

11.4

Child Dependency Ratio

Lake Madison Sex Ratio

Female

348

38.45%

Male

557

61.55%

Lake Madison Households and Families

Lake Madison Renter vs Owner Occupied by Household Type

Lake Madison Household Types

Type Owner Renter
Male100%0%
Married94.4%5.6%
All88.4%11.6%
Non Family68.8%31.2%
Female0%0%

88.4%

Rate of Home Ownership

Type Count Average Size Owned
All3872.3488.4
Married2842.6594.4
Non Family931.1168.8
Male105100
Female00

2.73

Average Family Size

2.34

Average Household Size

0.5%

Unmarried (Opposite Sex)

0%

Unmarried (Same Sex)

Lake Madison Education

Education Attained Count Percentage
Less Than 9th Grade222.64%
9th to 12th Grade161.92%
High School Graduate21325.54%
Some College15318.35%
Associates Degree445.28%
Bachelors Degree20824.94%
Graduate Degree17821.34%

Lake Madison Educational Attainment by Race

Name Total High School Bachelors
White825787377
Multiple Races999

The highest rate of high school graduation is among multiple races people with a rate of 100.00%.

The highest rate of bachelors degrees is among multiple races people with a rate of 100.00%.

Name Average Male Female
Overall$47,813$50,556$40,833
Less Than High School$$$
High School Grad$27,868$$20,938
Some College$50,577$52,404$
Bachelors Degree$64,375$64,732$
Graduate Degree$53,654$$57,708

$47,813

Average Earnings

$50,556

Average Male

$40,833

Average Female

Lake Madison Language

Lake Madison Language by Age

Lake Madison Language

99.09% of Lake Madison residents speak only English, while 0.91% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 0.91% of the population.

Lake Madison Poverty

Lake Madison Poverty by Race

3.20%

Overall Poverty Rate

5.21%

Male Poverty Rate

0.00%

Female Poverty Rate

Poverty in Lake Madison

The race most likely to be in poverty in Lake Madison is White, with 3.24% below the poverty level.

The race least likely to be in poverty in Lake Madison is White, with 3.24% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 7.66%, and for those that did not work, the poverty rate was 3.48%.

Name Poverty
High School9.39%
Bachelors or Greater0.00%
Some College0.00%
Less Than High School0.00%
Name Poverty
Female Unemployed0.00%
Male Employed3.30%
Female Employed0.00%
Male Unemployed0.00%

Lake Madison Income

Lake Madison Income by Household Type

Name Median Mean
Households$89,153$121,892
Families$97,083$131,079
Married Families$92,500-
Non Families$52,321$92,849

Lake Madison Marital Status

Lake Madison Marital Status

Marriage Rates

77.7%

Overall Marriage Rate

74.5%

Male Marriage Rate

82.7%

Female Marriage Rate

Lake Madison Married by Age and Sex

Lake Madison Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 45-54.

Lake Madison Marital Status by Race

Lake Madison Veterans

80

Number of Veterans

80

Male Veterans

Female Veterans

War Veterans
Vietnam61
First Gulf War4
World War II3
Second Gulf War2
Korea
Age Group Veterans
65 to 7447
55 to 6420
75+11
35 to 542
18 to 34

$Lake Madison Veterans by Education

0.00%

Veteran Poverty Rate

12.50%

Veteran Disability Rate

Lake Madison Employment Status

50%

Labor Force Participation

47.5%

Employment Rate

4.9%

Unemployment Rate

Lake Madison Place of Birth

Origin of Non-Citizens

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

61.33%

Born in South Dakota

99.01%

Native Born

0.99%

Foreign Born

0.00%

Non Citizen

Place of Birth

99.01% of Lake Madison residents were born in the United States, with 61.33% having been born in South Dakota. 0.00% of residents are not US citizens. Of those not born in the United States, the largest percentage are from North America.

Year Population Growth Annual Growth Rate
20209050.00%
20199050.00%
2018905323.67%
2017873-36-3.96%
2016909505.82%
20158598310.70%
201477612318.84%
201365312423.44%
2012529-34-6.04%
2011563-120-17.57%
20106830.00%