Madison, SD
Madison · Lake County · SD 57042
Updated August 3, 2026 · Would You Live There?
Good for now
Verdict
$228K
Median Price
44/100
Walk Score
3.7/10
Schools
30 min
to Sioux Falls
Score Breakdown
Our Take
Madison, SD offers affordable housing and a quiet small‑town feel, but almost everything requires a car and there are limited dining, nightlife, and transit options. If you value low cost and a low‑risk environment, it can work, but if you want a vibrant city vibe you’ll need to look elsewhere.
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The Good
- ✓Median home price is $173,400 – well below the national average
- ✓Median household income of $70,046 matches the housing cost
- ✓Flood risk is low (Zone X)
- ✓Close‑knit community with a small population (~8,200)
- ✓Decent elementary school rating of 5 out of 5
Real Talk
- !Walkability is essentially zero – you’ll need a car for all errands
- !Very few restaurants or nightlife options
- !Limited public transit or bike infrastructure
- !Career opportunities are mostly local; commuting to larger cities is common
- !Internet reliability can be spotty in rural areas
- $Higher property taxes relative to income
- $Maintenance costs for older homes can add up
- $Utilities may be higher in remote areas
Best For
Risk Snapshot
Crime & Safety
Madison, SD
Safety grade
57% safer than the national average
50% safer than the national average
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City-Data stats →From Residents
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