Lake Madison is a CDP located in Lake County, South Dakota. Lake Madison has a 2026 population of 932. Lake Madison is currently growing at a rate of 1.75% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.
The median household income in Lake Madison is $129,191 with a poverty rate of 0.96%. The median age in Lake Madison is 63.2 years: 62.8 years for males, and 64.2 years for females. For every 100 females there are 126.6 males.
Data after 2023 is projected based on recent change
Overall: 63.2 years
Female: 64.2 years
Male: 62.8 years
There are 838 adults, (354 of whom are seniors) in Lake Madison.
Female: 413 (44.1%)
Male: 523 (55.9%)
The racial composition of Lake Madison includes 88.89% White, 6.73% Native American, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 832 | 88.89% |
| Native American | 63 | 6.73% |
| Two or more races | 41 | 4.38% |
Lake Madison 's average per capita income is $60,938. Household income levels show a median of $129,191. The poverty rate stands at 0.96%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $144,875 | - |
| Families | $138,750 | $285,590 |
| Households | $129,191 | $236,969 |
| Non Families | - | $132,299 |
Average Income
Median Household Income
Poverty Rate