Lake Madison employment information

IndexLake MadisonSouth DakotaNational
Income per capita$41,905$27,516$29,829
Median household income$82,981$52,078$55,322
Median income owner occupied$86,250$66,299$70,586
Median income renter occupied$16,736$30,800$35,192
Median earnings male$31,875$35,140$36,919
Median earnings female$32,000$24,451$26,250
Unemployment rate2.3%2.8%4.7%
Poverty level19.5%14.0%15.1%
The Lake Madison, SD employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Lake Madison is $41,905, which is 52% higher than than the South Dakota average and 40% higher than than the national average. The median household income is $82,981, which is 59% higher than than the South Dakota average and 50% higher than than the national average. The unemployment rate in Lake Madison is 2%, which is 50% lower than than the national average. The poverty rate in Lake Madison is 19% which is 29% higher than than the national average.

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am i middle class

$Input your household income
$55,315$82,981$165,962
City
$34,715$52,078$104,156
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Lake Madison is 40% higher than the national average.
  • The median household income in Lake Madison is 50% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Lake Madison is 50% lower than the national average.
  • The poverty level in Lake Madison is 29% higher than the national average.

Real Estate Listings In Lake Madison

Compare Lake Madison, SD Employment To Other Cities

Employment status

Hours worked per week

Lake Madison median earnings by income bracket

Lake Madison employment by industry

Labour TypeMaleFemale
Construction industry10.2%0.0%
Manufacturing sector7.1%14.4%
Financial & insurance services9.7%18.1%
Wholesale & retail services8.4%0.0%
Public administration7.5%0.0%
Transportation, warehousing & utilities8.0%15.6%
Education, health & social services17.7%29.4%
Other23.0%26.9%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Chester, SD303$72,25031%
Brant Lake, SD171$65,20818%
Colman, SD685$50,9528%
Madison, SD7,101$47,57914%
Ramona, SD156$43,75021%
Lake Madison, SD909$82,98150%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Lookingglass, OR909$38,97130%
Pocono Ranch Lands, PA909$44,33320%
Harmony, RI909$100,36881%
Prospect, NC909$0100%
Plantersville, MS910$36,01035%
Lake Madison, SD909$82,98150%
Source: The Lake Madison, SD employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).