Madison township (Grant County), SD Economy


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United States / South Dakota / No Metro Area / Grant County / Madison township (Grant County) / Zip Codes
Madison Township (Grant Cnty), SD is a rural community located in northeastern South Dakota. The township is famous for its awe-inspiring views of the Missouri River Valley and serene landscapes. There are plenty of activities to enjoy in Madison Township, including camping, biking, fishing, and tubing down the river. The area has several noteworthy businesses including Riverfront Bar & Grill, Grant County Museum, and Kim’s Equestrian Center. The township also hosts several annual local events such as the Scarecrow Festival, Cowboy Trail Town Days, and Harvest Festivals. Madison Township is an ideal place for anyone looking for peace and tranquility while still being close to big city amenities.

Madison township (Grant County) has an unemployment rate of 4.6%. The US average is 6.0%.

Madison township (Grant County) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.

Tax Rates for Madison township (Grant County)
- The Sales Tax Rate for Madison township (Grant County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Madison township (Grant County) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Madison township (Grant County)
- The average income of a Madison township (Grant County) resident is $36,121 a year. The US average is $28,555 a year.
- The Median household income of a Madison township (Grant County) resident is $71,406 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMadison township (Grant County), South DakotaUnited States
  4.66
  -1.7%-6.2%
  12.8%33.5%
  4.5%6.2%
  0.0%4.6%
  $54,384$37,638
  $71,406$69,021
  $114,375$85,028
  Population by Occupation
  45.8%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  29.2%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  25.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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