Cost of living in Lake Madison, SD

Lake Madison is a census-designated place in Lake County, SD. ACS 2024 5-year population is 936. Median gross rent is $867 (ACS 2024 5-year, this place). Median home value is $477,800. Median household income is $129,191. Insurance is the NAIC state average; food is a USDA plan — no town indexes.