Interested in purchasing investment houses in the 57042 zip code in Madison, SD?
The zip code 57042 is in both Lake and McCook counties with a latitude of -97.150720000000 and longitude of 43.979710000000, is in the state of South Dakota. The average asking price of houses and condos is $132,040.00 and the average sale price was $408,717.00. this regions is classified as the Sioux Falls (Mitchell) metro area and is in the 605 area code. The location in degrees is 43° 58' 46.956" N, 97° 9' 2.592" W. The county F.I.P.S. is 46079. This zip code contains two cities including Madison, SD (2.20%), and Lake Madison, SD (1.43%) The total land area is 205.2 square miles and the water area is 4.3 square miles. The elevation in this area is 1608 - 1805 feet. The zip code is on central standard time and observes daylight savings time.
The zip 57042 is in county number 087 and is L. Sector 89, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 9,480 in 2019 and 8,415 in 2010. Of this, the break down in 2019 was 6,828 urban and 2,651 rural. This further breaks down to 4,926 males (52.0%) and 4,553 females (48.0%). The median age of residents is 38.6 years. The population density (people per square mile) is 46. This zip code has a combined total of 3,746 houses and condos. There are 1,065 rented appartments. 32% of residents rent versus the 32% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $55,426 and the average salary is $39,889. The median household income of individuals is $40,726.00 and the average is $64,600.00. This zip code has a mean commute time to work of 15.5 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 62.10% (Under $50,000), 31.20% ($50,000-$100,000), and 6.70% earn over $100,000. 14.3% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 73.3. The educational breakdown is 90.7% have a high school education or higher, 34.5% have a bachelor's degree or higher, and 10.4% have some kind of profesional degree.
This area has 3,381 households and the average size is 2.6 people. Individuals who are single and have never been married are 32.5%, 50.5% are now married, 1.5% are separated, 5.3% are widowed, and 10.3% are divorced. The average yearly contribution amount given by people to charity was $4,656 versus the state average of $5,927. The percent of residents who gave to charity was 15.0%.
The estimated median value of houses and condos is $179,794. The median monthly owner costs of mortgage holders was $1,347, where as the costs for those who don't have a mortgage are $468. The median number of rooms in houses and condos are 7.4 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,021. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $2,256. The median housing property tax percent for residents with mortgages was 1.2% which amounted to an average tax amount of $2,223. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $1,785. Reported taxable interest for persons was $2,083, dividends $5,298, capital gains +$17,104, and itemized deductions $20,880. The average earned income tax credit is $1,790. The percent of individuals that use a tax preparer is 50.8%. The total average income taxes paid by individuals was $4,637. Businesses reported an average profit of $15,373.
The Sportsmans Steakhouse & Lounge
305 E Center St, Madison, SD 57042
Skipper's Italian Grill
204 S Egan Ave, Madison, SD 57042
The Pub House
200 S Egan Ave, Madison, SD 57042
Second Street Diner
610 S Washington Ave, Madison, SD 57042
Los Tapatios
204 S Egan Ave, Madison, SD 57042
El Vaquero Mex Restaurant
316 NE 2nd St, Madison, SD 57042
Hot Shots Bar
123 SW 1st St, Madison, SD 57042
China Moon Restaurant
111 N Egan Ave, Madison, SD 57042
Casey's
400 S Washington Ave, Madison, SD 57042
Sundog Coffee
100 S Egan Ave, Madison, SD 57042
Sporty's Bar & Grill
123 S Egan Ave, Madison, SD 57042
Stadium Sports Grill
203 N Egan Ave, Madison, SD 57042
Gary's Bakery
115 N Egan Ave, Madison, SD 57042
Old Farmhouse Cafe
304 NE 4th St, Madison, SD 57042
Mochavino
100 S Egan Ave, Madison, SD 57042
Country Cafe
119 1/2 S Egan Ave, Madison, SD 57042
Einstein Bros Bagels
820 N Washington Ave, Madison, SD 57042
Players
Madison, SD 57042
Hef's
405 SE 4th St, Madison, SD 57042
Teezers
123 SW 1st St, Madison, SD 57042
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