The median household income in Lake Madison, SD in 2022 was $114,695, which was 39.2% greater than the median annual income of $69,728 across the entire state of South Dakota. Compared to the median income of $34,087 in 2000 this represents an increase of 70.3%. The per capita income in 2022 was $133,149, which means an increase of 87.6% compared to 2000 when it was $16,446.
Whole page based on the data from 2000 / 2022 when the population of Lake Madison, South Dakota was 683 / 869
Income statistics for all residents
Median household income in Lake Madison, SD in 2022:
Lake Madison:
$114,696
State:
$69,728
Number of households with income < $10k:
Lake Madison:
2.4% (11)
State:
5.0% (18,379)
Number of households with income $10k - 20k:
Lake Madison:
3.1% (14)
South Dakota:
7.7% (28,298)
Number of households with income $20k - 30k:
Lake Madison:
3.3% (15)
State:
6.9% (25,234)
Number of households with income $30k - 40k:
Lake Madison:
2.4% (11)
State:
7.3% (26,825)
Number of households with income $40k - 50k:
Lake Madison:
5.7% (26)
State:
8.3% (30,386)
Number of households with income $50k - 60k:
Lake Madison:
2.6% (12)
South Dakota:
8.2% (30,304)
Number of households with income $60k - 75k:
Lake Madison:
7.1% (32)
State:
10.2% (37,507)
Number of households with income $75k - 100k:
Lake Madison:
10.6% (48)
South Dakota:
14.3% (52,640)
Number of households with income $100k - 125k:
Lake Madison:
23.4% (106)
State:
11.2% (41,135)
Number of households with income $125k - 150k:
Lake Madison:
3.1% (14)
State:
7.0% (25,877)
Number of households with income $150k - 200k:
Lake Madison:
9.5% (43)
State:
7.1% (26,303)
Number of households with income > $200k:
Lake Madison:
26.7% (121)
State:
6.9% (25,412)
Aggregate household income in Lake Madison in 2022: $112,849,170
Median family income in Lake Madison in 2022:
Lake Madison:
$121,666
State:
$89,573
Number of families with income $30k - 40k:
Lake Madison:
1.0% (3)
State:
5.3% (11,987)
Number of families with income $40k - 50k:
Lake Madison:
5.8% (19)
State:
6.5% (14,582)
Number of families with income $50k - 60k:
Lake Madison:
2.4% (8)
South Dakota:
7.6% (17,042)
Number of families with income $60k - 75k:
Lake Madison:
6.5% (21)
State:
10.3% (23,221)
Number of families with income $75k - 100k:
Lake Madison:
14.1% (45)
South Dakota:
16.8% (37,721)
Number of families with income $100k - 125k:
Lake Madison:
23.8% (77)
State:
14.3% (32,147)
Number of families with income $125k - 150k:
Lake Madison:
4.3% (14)
South Dakota:
9.6% (21,589)
Number of families with income $150k - 200k:
Lake Madison:
10.6% (34)
State:
10.0% (22,561)
Number of families with income > $200k:
Lake Madison:
31.4% (101)
State:
9.5% (21,442)
Median income for 2 person families:
Lake Madison:
$118,050
State:
$80,420
Median non-family income in Lake Madison in 2022:
Lake Madison:
$68,831
State:
$42,028
Median per capita income in Lake Madison in 2022:
Lake Madison:
$133,149
State:
$37,618
Income statistics for White residents
Median household income in Lake Madison, SD in 2022:
Lake Madison:
$111,410
State:
$72,751
Number of households with income < $10k:
Lake Madison:
2.9% (11)
South Dakota:
4.2% (13,247)
Number of households with income $10k - 20k:
Lake Madison:
3.6% (14)
State:
6.8% (21,574)
Number of households with income $20k - 30k:
Lake Madison:
3.4% (13)
State:
6.2% (19,719)
Number of households with income $30k - 40k:
Lake Madison:
2.9% (11)
State:
7.4% (23,368)
Number of households with income $40k - 50k:
Lake Madison:
3.9% (15)
State:
8.4% (26,589)
Number of households with income $50k - 60k:
Lake Madison:
3.1% (12)
State:
8.2% (25,939)
Number of households with income $60k - 75k:
Lake Madison:
8.1% (31)
State:
10.3% (32,725)
Number of households with income $75k - 100k:
Lake Madison:
11.9% (46)
South Dakota:
14.3% (45,125)
Number of households with income $100k - 125k:
Lake Madison:
26.8% (103)
South Dakota:
11.7% (36,951)
Number of households with income $125k - 150k:
Lake Madison:
3.6% (14)
State:
7.7% (24,425)
Number of households with income $150k - 200k:
Lake Madison:
11.2% (43)
State:
7.7% (24,275)
Number of households with income > $200k:
Lake Madison:
18.7% (72)
State:
7.1% (22,318)
Aggregate household income in Lake Madison in 2022: $63,373,083
Median family income in Lake Madison in 2022:
Lake Madison:
$119,178
State:
$95,160
Number of families with income $30k - 40k:
Lake Madison:
1.5% (4)
State:
5.3% (10,125)
Number of families with income $40k - 50k:
Lake Madison:
3.4% (9)
State:
6.2% (11,888)
Number of families with income $50k - 60k:
Lake Madison:
2.9% (8)
State:
7.4% (14,244)
Number of families with income $60k - 75k:
Lake Madison:
7.6% (20)
South Dakota:
10.2% (19,593)
Number of families with income $75k - 100k:
Lake Madison:
16.7% (44)
State:
16.9% (32,564)
Number of families with income $100k - 125k:
Lake Madison:
28.7% (75)
South Dakota:
15.2% (29,279)
Number of families with income $125k - 150k:
Lake Madison:
5.3% (14)
State:
10.6% (20,421)
Number of families with income $150k - 200k:
Lake Madison:
12.8% (33)
State:
10.9% (20,890)
Number of families with income > $200k:
Lake Madison:
21.0% (55)
State:
10.0% (19,175)
Median non-family income in Lake Madison in 2022:
Lake Madison:
$69,732
State:
$43,283
Median per capita income in Lake Madison in 2022:
Lake Madison:
$88,735
South Dakota:
$40,853
Income statistics for American Indian and Alaska Native residents
Aggregate household income in Lake Madison in 2022: $1,935,286
Median per capita income in Lake Madison in 2022:
Lake Madison:
$19,366
State:
$13,860
Change in median per capita income between 2000 and 2022:
Lake Madison, South Dakota:
+108.4%
State:
+103.9%
Income statistics for Multirace residents
Number of households with income < $10k:
Lake Madison:
0.0% (0)
South Dakota:
4.7% (802)
Number of households with income $10k - 20k:
Lake Madison:
0.0% (0)
State:
8.0% (1,370)
Number of households with income $20k - 30k:
Lake Madison:
0.0% (0)
State:
13.0% (2,226)
Number of households with income $30k - 40k:
Lake Madison:
0.0% (0)
State:
8.9% (1,514)
Number of households with income $40k - 50k:
Lake Madison:
0.0% (0)
South Dakota:
9.7% (1,647)
Number of households with income $50k - 60k:
Lake Madison:
0.0% (0)
State:
9.7% (1,656)
Number of households with income $60k - 75k:
Lake Madison:
0.0% (0)
State:
7.8% (1,323)
Number of households with income $75k - 100k:
Lake Madison:
0.0% (0)
State:
14.2% (2,419)
Number of households with income $100k - 125k:
Lake Madison:
0.0% (0)
South Dakota:
8.9% (1,511)
Number of households with income $125k - 150k:
Lake Madison:
0.0% (0)
State:
2.8% (485)
Number of households with income $150k - 200k:
Lake Madison:
0.0% (0)
State:
4.4% (752)
Number of households with income > $200k:
Lake Madison:
100.0% (61)
State:
7.9% (1,356)
Aggregate household income in Lake Madison in 2022: $11,661,193
Median per capita income in Lake Madison in 2022:
Lake Madison:
$692,984
State:
$29,178
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