Salaries & Top Paying Jobs in Madison, SD

City

Salary

What is the average salary in Madison, SD?

The average salary in Madison, SD is $49,544 per year.

Graph depicting the yearly salary distribution for Madison, SD, showing an average salary of $49,544 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Madison, SD, showing an average salary of $4,129 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Madison, SD, showing an average salary of $953 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Madison, SD, showing an average salary of $24 with varying distribution percentages across salary ranges.

Madison, SD, offers a variety of job opportunities with competitive salaries. The average yearly salary in Madison is $49,544. This figure reflects the diverse economic landscape, providing a good baseline for job seekers. Salaries range from $26,250 to $119,600, showing a broad spectrum of earning potential.

The salary distribution in Madison includes several sectors. The largest percentage, 29.82%, falls within the $34,736 to $43,223 range. This is followed by 19.18% earning between $26,250 and $34,736. Other notable segments include 15.64% earning between $43,223 and $51,709. The data highlights the range of opportunities available, from entry-level positions to higher-paying roles.

What are the best paying jobs in Madison, SD?

Madison, SD, offers several high-paying job opportunities for skilled professionals. The top-paying job in the area is a Registered Nurse, with an average salary of $78,240. This role is in high demand, providing excellent career prospects and job security. Registered Nurses in Madison enjoy competitive pay and the chance to make a real difference in people's lives. This profession requires dedication and a strong commitment to patient care, but it offers rewarding compensation and the potential for growth. Job seekers interested in healthcare will find Madison to be a promising place to build a successful career.

Graph displaying best paying job salaries in Madison, SD, highlighting Registered Nurse with the highest at $78,240 and Registered Nurse with the lowest at $78,240.

Registered Nurse
Average Salary: $78,240
Registered Nurses (RNs) play a vital role in patient care. They work in hospitals, clinics, and long-term care facilities. RNs monitor patients, administer medications, and collaborate with doctors. In Madison, SD, RNs find opportunities with Sanford Health and Avera Health.
Find Registered Nurse jobs in Madison, SD

What are the best paying jobs in Madison, SD without a degree?

Madison, SD, offers several high-paying jobs that do not require a degree. Housekeeping staff can earn an average of $32,006 annually. Baristas also enjoy a good income, with an average salary of $26,232 per year. These roles provide a solid opportunity for individuals looking to start or advance their careers without needing a college degree.

Graph displaying best paying job salaries in Madison, SD without a degree, highlighting Housekeeping with the highest at $32,006 and Barista with the lowest at $26,232.

Housekeeping
Average Salary: $32,006
Housekeeping staff clean and maintain rooms and common areas. They work in hotels, motels, and other lodging facilities. This role requires attention to detail and a strong work ethic. Companies like the Madison Hotel and local B&Bs offer these positions.
Find Housekeeping jobs in Madison, SD
Barista
Average Salary: $26,232
Baristas prepare and serve coffee and other beverages. They work in coffee shops, cafes, and restaurants. This job involves customer service and the ability to make various coffee drinks. Local coffee shops such as Brewed Awakenings and Madison's Cafe provide opportunities in this field.
Find Barista jobs in Madison, SD

Which companies offer the top salaries in Madison, SD?

Job seekers in Madison, SD, can find competitive salaries at several top companies. The South Dakota Board of Regents offers the highest average salary at $50,485. Dakota State University follows closely with an average salary of $47,858. BETHEL LUTHERAN HOME provides an average salary of $46,835. These figures highlight the potential for attractive compensation in Madison's job market.

Graph displaying company salaries in Madison, SD, highlighting South Dakota Board of Regents with the highest at $50,485 and BETHEL LUTHERAN HOME with the lowest at $46,835.

South Dakota Board of Regents
Average Salary: $50,485
The South Dakota Board of Regents oversees higher education in the state. They manage six public universities. This role offers a stable and competitive salary.
Dakota State University
Average Salary: $47,858
Dakota State University is a public university in Madison. It offers a variety of programs in business, engineering, and more. Employees enjoy a good salary and benefits.
BETHEL LUTHERAN HOME
Average Salary: $46,835
Bethel Lutheran Home provides care for seniors. They offer a supportive work environment. Employees receive a fair salary and opportunities for growth.

How does the cost of living in Madison, SD compare to the national average?

Madison, SD, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Madison stands at 92, which is 8% lower than the national average of 100. This makes Madison an attractive option for those looking to manage living expenses effectively. Specifically, Madison's housing costs are 15% lower than the national average, while groceries and utilities are just 10% and 5% lower, respectively. Transportation costs are slightly higher, at 3% above the national average, but healthcare costs match the national average. This balanced cost structure provides a good opportunity for job seekers to enjoy a lower cost of living without significant trade-offs.

Cost of living comparison graph for Madison, SD vs. Nationwide: housing 15% lower, groceries 10% lower, utilities 5% lower, transportation 3% lower, healthcare 0% lower, miscellaneous 8% lower.

Madison, SD, offers a cost of living that is notably lower than the nationwide average. The housing index in Madison stands at 85, which is 15% below the national average of 100. This means that housing expenses in Madison are more affordable, making it an attractive option for those looking to save on their living costs. Additionally, groceries in Madison are priced at 90, which is 10% below the national average. This indicates that residents can expect to spend less on food compared to the average American.

Madison's utilities index is 95, which is 5% below the national average. This suggests that utility costs are slightly lower than the nationwide average, providing another area of savings for residents. Transportation costs in Madison are at 97, just 3% below the national average, indicating that commuting and other transportation expenses are nearly on par with the rest of the country. Healthcare costs in Madison match the national average at 100, ensuring that medical expenses are consistent with the rest of the nation. Finally, the miscellaneous index in Madison is 92, which is 8% below the national average, offering additional savings in various other living expenses. Overall, Madison presents a cost of living that is favorable for those seeking a more affordable lifestyle.

Salaries in Madison, SD

What is the average salary in Madison, SD?

What are the best paying jobs in Madison, SD?

What are the best paying jobs in Madison, SD without a degree?

Which companies offer the top salaries in Madison, SD?

How does the cost of living in Madison, SD compare to the national average?

There are 93 job openings in Madison, SD, today!

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