Madison is a city in South Dakota state in USA with a population of 7249 residents.. The poverty rate of Madison is 17.1%, which is 22% higher than national average. The typical household in Madison earns $54861 a year, compared to the national median of $67,500. Nearly 41.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Madison, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison remained 4%, which is 15% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison, only 33% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Madison is 87, which is 13% lower than national average. Median home value in Madison is $124300 , which is 46% lower than national average. While median income in Madison remained $54861, which is 19% lower than national average.