Madison, South Dakota 

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United States / South Dakota / No Metro Area / Lake County / Madison / Zip Codes

Economy in Madison, South Dakota

Madison has an unemployment rate of 3.0%. The US average is 5.2%.

Madison has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 44.0%, which is higher than the US average of 38.0%.

Tax Rates for Madison
- The Sales Tax Rate for Madison is 6.5%. The US average is 6.0%.
- The Income Tax Rate for Madison is 0.0%. The US average is 4.6%.

Income and Salaries for Madison
- The average income of a Madison resident is $21,272 a year. The US average is $28,555 a year.
- The Median household income of a Madison resident is $37,045 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYMadison, South DakotaUnited States
  Unemployment Rate3.0%5.2%
  Recent Job Growth3.5%1.6%
  Future Job Growth44.0%38.0%
  Sales Taxes6.5%6.0%
  Income Taxes0.0%4.6%
  Income per Cap.$21,272$28,555
  Household Income$37,045$53,482
  Family Median Income$58,298$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.7%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction3.7%6.2%
  Manufacturing22.4%10.4%
  Wholesale trade3.5%2.7%
  Retail trade13.8%11.6%
  Transportation and warehousing1.0%4.1%
  Utilities00
  Information1.1%2.1%
  Finance and insurance3.5%4.7%
  Real estate, rental, leasing1.0%1.9%
  Professional, scientific, technical services4.4%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs4.7%4.3%
  Educational services10.6%9.3%
  Health care and social assistance13.8%13.8%
  Arts, entertainment, recreation1.2%2.2%
  Accommodation, food services9.1%7.4%
  Other services1.2%4.9%
  Public administration1.9%4.8%
ECONOMY MAP
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    Reviews for Madison    1 Reviews
    Lite traffic - 10/3/2013
    Town is easy to get around... Read More

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