Lake Madison, South Dakota Population 2022

895
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Lake Madison is a city located in South Dakota. Lake Madison has a 2020 population of 895. Lake Madison is currently declining at a rate of 0.00% annually and its population has increased by 31.04% since the most recent census, which recorded a population of 683 in 2010.

The average household income in Lake Madison is $147,758 with a poverty rate of 5.67%. The median rental costs in recent years comes to $665 per month, and the median house value is $396,300. The median age in Lake Madison is 58.7 years, 58.1 years for males, and 61 years for females.

Lake Madison Demographics

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

  • White: 96.42%
  • Two or more races: 3.58%
  • 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 895 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 895.The last official US Census in 2010 recorded the population at 683.

Lake Madison, South Dakota Population 2022

Population by Race

Race Population Percentage
White78296.42%
Two or More Races293.58%
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Lake Madison Population by Race

Lake Madison Population Pyramid 2022

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Lake Madison Median Age

63.8


Total

62.5


Male

64.2


Female

Lake Madison Adults

There are 701 adults, (385 of whom are seniors) in Lake Madison.

Lake Madison Age Dependency

Age Dependency Ratio

121.8

Old Age Dependency Ratio

34.8

Child Dependency Ratio

Lake Madison Sex Ratio

Female

387

47.72%

Male

424

52.28%

Lake Madison Population by Age

Lake Madison Renter vs Owner Occupied by Household Type

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Lake Madison Household Types

Type Owner Renter
Married100%0%
Male100%0%
All90.2%9.8%
Non Family61.3%38.7%
Female0%0%

90.2%

Rate of Home Ownership

Lake Madison Households and Families

Type Count Average Size Owned
All3692.290.2
Married2672.53100
Male93.33100
Female00
Non Family931.1461.3

2.55

Average Family Size

2.2

Average Household Size

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Lake Madison Households by Type

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Education Attained Count Percentage
Less Than 9th Grade50.73%
9th to 12th Grade40.58%
High School Graduate14721.40%
Some College14521.11%
Associates Degree182.62%
Bachelors Degree21831.73%
Graduate Degree15021.83%
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Lake Madison Educational Attainment by Sex (over 25)

Lake Madison Educational Attainment by Race

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The highest rate of high school graduation is among 2+ races people with a rate of 100.00%.

The highest rate of bachelors degrees is among 2+ races people with a rate of 54.55%.

Lake Madison Educational Attainment by Race

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Name Average Male Female
Overall$54,784$68,214$34,125
Less Than 9th Grade$$$
High School Graduate$67,619$68,690$
Some College$45,417$54,118$33,875
Bachelors Degree$53,125$$
Graduate Degree$$196,154$49,167

$54,784

Average Earnings

$68,214

Average Male

$34,125

Average Female

Lake Madison Earnings by Educational Attainment

Lake Madison Language by Age

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Lake Madison Language

96.73% of Lake Madison residents speak only English, while 3.27% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 2.39% of the population.

Lake Madison Language

Lake Madison Poverty by Race

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Name Total In Poverty Poverty Rate
White782232.94%
OtherNaN%
Multiple292379.31%

5.67%

Overall Poverty Rate

5.66%

Male Poverty Rate

5.68%

Female Poverty Rate

Poverty in Lake Madison

The race most likely to be in poverty in Lake Madison is White, with 2.94% below the poverty level.

The race least likely to be in poverty in Lake Madison is Multiple, with 79.31% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.12%. Among those working part-time, it was 9.26%, and for those that did not work, the poverty rate was 0.00%.

Lake Madison Poverty

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Name Poverty
Less Than 9th Grade0.00%
High School6.80%
Some College0.00%
Bachelors or Greater0.00%

Lake Madison Poverty Rate by Education

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Rate Poverty
Male Employed7.11%
Male Unemployed0.00%
Female Employed0.00%
Female Unemployed0.00%

Lake Madison Poverty Rate by Employment Status and Sex

Lake Madison Income by Household Type

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Name Median Mean
Households$97,961$137,539
Families$106,250$150,505
Married Families$104,554-
Non Families$73,516$99,060
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Income by Household Type

Lake Madison Marital Status

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Marriage Rates

80.0%

Overall Marriage Rate

82.6%

Male Marriage Rate

77.0%

Female Marriage Rate

Lake Madison Married by Age and Sex

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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

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Lake Madison Marital Status

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72

Number of Veterans

Male Veterans

Female Veterans

War Veterans
Second Gulf War3
First Gulf War8
Vietnam58
Korea
World War II

Lake Madison Veterans by War

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Age Group Veterans
18 to 34
35 to 543
55 to 646
65 to 7447
75+16

Lake Madison Veterans by Age

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Lake Madison Veterans by Race

Lake Madison Veterans by Education

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0.00%

Veteran Poverty Rate

0.00%

Veteran Disability Rate

Lake Madison Veterans by Education

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50.2%

Labor Force Participation

47.9%

Employment Rate

4.7%

Unemployment Rate

Lake Madison Employment by Age

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Lake Madison Employment by Race

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Lake Madison Employment by Education

Origin of Non-Citizens

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

Origin of Naturalized Citizens

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68.19%

Born in Lake Madison

97.66%

Native Born

2.34%

Foreign Born

0.00%

Non Citizen

2.34%

Naturalized

Place of Birth

97.66% of Lake Madison residents were born in the United States, with 68.19% 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 Europe.

Lake Madison Place of Birth

Note: 2021 and 2022 data is projected
Year Population Growth Annual Growth Rate
20106830.00%
2011563-120-17.57%
2012529-34-6.04%
201365312423.44%
201477612318.84%
20158598310.70%
2016909505.82%
2017873-36-3.96%
2018905323.67%
2019895-10-1.10%
20208950.00%
20218950.00%
20228950.00%

Lake Madison Population by Year