Labor Force & Wages
Madison and the surrounding area have a readily available labor supply to meet the needs of new employers. The Madison labor force pulls from a six-county area in South Dakota, which includes the counties of Brookings, Kingsbury, Lake, Lincoln, Miner, and Moody.
Lake, Miner, and Moody (the 3-county area) comprise most of the work force in Madison.
The South Dakota Department of Labor reported that the total available labor supply for the 3-county area in October 2005 was 1,555.
- Unionized Industry in Lake County: 0%
- Unemployment Rate in Lake County: 4.4%
Labor Force Demographics
The following reviews the age breakdown for the 3-county area populations:
| 0-17 | 22.1% |
| 18-34 | 22.8% |
| 35-54 | 28.5% |
| 55-64 | 9.9% |
| 65+ | 16.7% |
The following reviews the education level of the 3-county area labor force:
| Education Level | Total Area | Percentage of Total |
| Graduate or Professional Degree | 626 | 4.8% |
| High School Degree or Higher | 11,057 | 84.5% |
| Less than High School Diploma | 2,035 | 15.5% |
| Total Persons 25 and older | 13,092 | 100.0% |
| High School Graduates | 4,863 | 37.1% |
| Some College No Degree | 2,196 | 22.3% |
| Associate Degree | 824 | 6.3% |
| Bachelor Degree | 1,828 | 14.0% |
Wages for Select Occupations for the 3 County Area:
| Job Title | Southeast Average Wage |
| Accountants and Auditors | 20.98 |
| Bookkeeping Acctg and Auditing Clerks | 11.23 |
| Cashiers | 7.54 |
| Computer Programmers | 33.22 |
| Customer Service Representatives | 10.91 |
| Laborers and Freight Stock and Material Movers Hand | 9.19 |
| Packers and Packagers Hand | 9.06 |
| Retail Salespersons | 9.02 |
| Stock Clerks and Order Fillers | 8.37 |
| Team Assemblers | 9.84 |
The Pathfinders, Inc. 2005 Labor Study for the Madison area is available from the Lake Area Improvement Corporation.
Recent News
- 10.2.08 Research center for the Protection of the Financial Infrastructure funded
- 9.4.08 James River Granted Access Road, Moves Forward with New Facility
- 9.4.08 The July/August 2008 Newsletter is released
- 8.18.08 SD Highway 34 Eye-Openers: A look at the Highway 34 Impact Study data.
- 8.4.08 Highway 34 Impact Study is complete.
