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Madison South Dakota Real Estate By Jennifer Hershey

Madison South Dakota Real Estate

Madison, South Dakota, is located in Lake County, 36 miles NW of Sioux Falls, South Dakota and 463 miles W of Milwaukee, Wisconsin. Madison has a population of 6,540.

Madison Homes

Madison properties pool is 2,609 residential properties including Madison new homes. Median age of real estate in Madison is 1958. Average Household size is 2.94 people. 2% are one bedroom homes, 28% are 2 bedroom homes, 45% are 3 bedroom homes, 22% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Madison Mortgage Statistics

Madison mortgages vs. USA median statistics

Homes Madison USA
Homes With No Mortgage 42%
30%
Homes With Mortgage 58%
70%
First Mortgage Only 49%
54%
First & Second Mortgage or HELOC 10%
16%

Madison Area Real Estate Tax

Madison Real estate Tax: Median Real Estate Taxes (2000) were $1,341 comparing to 1999 Median Family income $ 39,745. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Madison School District: Children make up 21.3% of Madison population. Madison has 1,392 under 18 years old residents, or 0.41 kids per one worker, or 0.53 kids per one household.

Madison Real Estate & Madison Homeownership

There are 887.06 or 34% one person households, 887.06 or 34% two person households, and 313.08 or 12% three person households in Madison, South Dakota. Median residents age is 33.1, Senior citizens (65+) make up 1,215 or 18.6%% of Madison population.

There are 3,376 workers (over 16 years of age) in Madison. Of these, 89.6% drive to work. Approximately 0% of workers in Madison take public transportation. An estimated 6.96% walk to work.

Median Madison homeowner's housing expences are 17.1%

Crime in Madison (2003), crimes per 10,000 residents per year

Type of Crime Madison USA, 2003
Violent Crimes
12.23
47.5
Robberies
NaN
14.2
Aggravated Assaults
4.59
29.5
Property Crimes
203.36
358.8
Burglaries
53.52
74.0
Larceny-Thefts
133.03
241.5
Motor Vehicle Thefts
16.82
43.3

Invest in Madison Properties

When making a decision about buying real estate in Madison South Dakota area, you should consider following statistical data:

Category Madison USA
Near Medium City
Sioux Falls, South Dakota
-
Near Large City
Milwaukee, Wisconsin
-
Madison Zip Codes
57042
-
Madison Area Codes
605
-
White population
97.16%
75.1%
African-American population
0.24%
12.3%
Asian
0.76%
3.6%
American Indian & Alaskan
0.81%
0.9%
Hispanic (of any race)
0.92%
12.5%
Median Family Income (1999)
$ 39,745%
$42,000
Population Below Poverty Level
10.8%
12.4%

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Watertown South Dakota Real Estate
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