Salaries & Top Paying Jobs in Madison, SD

City

Salary

What is the average salary in Madison, SD?

The average salary in Madison, SD is $49,809 per year.

Graph depicting the yearly salary distribution for Madison, SD, showing an average salary of $49,809 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Madison, SD, showing an average salary of $4,151 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Madison, SD, showing an average salary of $958 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.

In Madison, SD, salaries vary across different industries. Job seekers can expect a competitive pay range, with many positions offering decent wages. The average yearly salary stands at $49,809. This figure reflects a blend of income levels across various sectors.

Some of the top-paying jobs in Madison include roles in education, healthcare, and management. For instance, professionals in education earn around $44,155 per year, while those in healthcare can expect to make about $61,009 annually. These figures highlight the potential for a rewarding career in these fields. Additionally, jobs in management and finance also provide solid earning opportunities, with salaries starting from approximately $35,727 and going up to $69,436. Madison offers a variety of options for job seekers looking to secure a stable income.

What are the best paying jobs in Madison, SD?

Job seekers looking to explore the best-paying opportunities in Madison, SD, can consider roles such as Registered Nurses. These professionals enjoy a competitive average salary of $79,487 annually. This career not only provides financial rewards but also offers stability and the chance to make a meaningful impact on patients' lives. The demand for skilled healthcare providers remains high, ensuring that Registered Nurses can find rewarding and well-compensated positions. With the ability to work in various healthcare settings, this role offers flexibility and opportunities for career growth. Madison provides a supportive environment for nursing professionals to thrive and achieve their career goals.

Graph displaying best paying job salaries in Madison, SD, highlighting Registered Nurse with the highest at $79,487 and Registered Nurse with the lowest at $79,487.

Registered Nurse
Average Salary: $79,487
This role involves caring for patients and working with doctors. Nurses often work in hospitals, clinics, or care facilities. Madison, SD, offers great opportunities in healthcare with local hospitals providing excellent care. Nurses can work in family health or specialized fields.
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 job opportunities that do not need a college degree. Baristas in the area make a solid average salary of around $26,000 annually. This role provides a chance for people to start working and earning money without extensive education. Other well-paying jobs in Madison without a degree include roles in various trades and services. Positions such as electricians, plumbers, and truck drivers often offer competitive pay. These jobs require specific skills and training, but they do not demand a four-year degree. Job seekers can find good opportunities in these fields to build a successful career.

Graph displaying best paying job salaries in Madison, SD without a degree, highlighting Barista with the highest at $26,318 and Barista with the lowest at $26,318.

Barista
Average Salary: $26,318
Baristas create and serve coffee and other beverages in cozy cafes. They work for local coffee shops and chains. They learn how to use espresso machines and create unique drink recipes.
Find Barista jobs in Madison, SD

Which companies offer the top salaries in Madison, SD?

Madison, SD, offers a range of job opportunities with competitive salaries. The South Dakota Board of Regents leads with an average salary of $50,212, providing a strong financial incentive for those interested in education. Bethel Lutheran Home follows closely with an average salary of $46,222, highlighting the value placed on care and support services. Dakota State University also offers a solid average salary of $45,781, making it an attractive option for those looking to work in a higher education setting.

Graph displaying company salaries in Madison, SD, highlighting South Dakota Board of Regents with the highest at $50,212 and Dakota State University with the lowest at $45,781.

South Dakota Board of Regents
Average Salary: $50,212
South Dakota Board of Regents oversees six public universities in the state. They offer diverse job opportunities, often with competitive salaries and benefits.
BETHEL LUTHERAN HOME
Average Salary: $46,222
Bethel Lutheran Home provides care services for seniors. They value their staff and aim to provide good compensation packages.
Dakota State University
Average Salary: $45,781
Dakota State University offers education and career training. They are committed to offering fair pay and a supportive work environment.

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

Madison, SD, offers a cost of living slightly below the nationwide average. Housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses are all priced at or near this benchmark. Specifically, Madison's housing index stands at 94, groceries at 97, utilities at 92, transportation at 90, healthcare at 99, and miscellaneous costs at 93. This data suggests that Madison provides a more affordable living experience, with costs being approximately 94% of the national average.

Cost of living comparison graph for Madison, SD vs. Nationwide: housing 6% lower, groceries 3% lower, utilities 8% lower, transportation 10% lower, healthcare 1% lower, miscellaneous 7% lower.

Madison, SD, has a cost of living index that is slightly below the nationwide average of 100. Specifically, the housing index stands at 94, indicating that housing costs are 6% lower than the national average. This might make Madison an attractive option for job seekers looking to save on housing expenses. Groceries in Madison have an index of 97, which is just 3% below the average, suggesting minor savings when shopping for everyday items.

Utilities in Madison are priced at 92, which is 8% less than the national average. This reduction could lead to lower monthly expenses for residents. Transportation costs reflect a 90 index, meaning they are 10% lower than the average. This can be a significant benefit for those commuting regularly or relying on public transport. Healthcare services in Madison have an index of 99, nearly matching the national average, which is good news for those prioritizing access to quality medical care. Lastly, miscellaneous expenses show an index of 93, indicating they are 7% less than the average, which can contribute to overall savings.

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?

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