Madison is a city located in Lake County, South Dakota. Madison has a 2026 population of 6,048. It is also the county seat of Lake County. Madison is currently declining at a rate of -0.31% annually and its population has decreased by -1.83% since the most recent census, which recorded a population of 6,161 in 2020.
The median household income in Madison is $65,593 with a poverty rate of 9.46%. The median age in Madison is 40.1 years: 36.5 years for males, and 43.4 years for females. For every 100 females there are 105.8 males.
Data after 2023 is projected based on recent change
Overall: 40.1 years
Female: 43.4 years
Male: 36.5 years
There are 4,930 adults, (1,384 of whom are seniors) in Madison.
Female: 2,961 (48.6%)
Male: 3,133 (51.4%)
The racial composition of Madison includes 94.5% White, and smaller percentages for Two or more races, Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 5,759 | 94.5% |
| Two or more races | 129 | 2.12% |
| Black or African American | 80 | 1.31% |
| Native American | 58 | 0.95% |
| Asian | 49 | 0.8% |
| Native Hawaiian or Pacific Islander | 19 | 0.31% |
Madison 's average per capita income is $43,560. Household income levels show a median of $65,593. The poverty rate stands at 9.46%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $96,295 | - |
| Families | $78,550 | $100,688 |
| Households | $65,593 | $80,632 |
| Non Families | $42,705 | $55,249 |
Average Income
Median Household Income
Poverty Rate