Madison, SD's Data
About Madison, SD's
Madison is a city located in Lake County, South Dakota, and serves as the county seat. Established in 1873, Madison was named after Madison, Wisconsin. Situated approximately 50 miles northwest of Sioux Falls, Madison is an integral part of the Sioux Falls metropolitan area. The city is home to Dakota State University, which significantly influences the local culture and economy.
City: Madison
State: South Dakota
Country: United States
Population: Approximately 7,200
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Madison, SD
Hike: Here are a couple of local trails to check out!
Local Attractions in Madison, SD
Prairie Village - A historic village featuring preserved buildings and artifacts from the prairie settlements.
Lake Herman State Park - A popular spot for camping, fishing, and hiking, offering scenic views of Lake Herman.
The Smith-Zimmermann Heritage Museum - Showcases local history with exhibits on the area's agricultural and pioneer past.
Dakota State University - Notable for its focus on computer management, cybersecurity, and other tech-related fields.
Madison Community Center - Offers a range of recreational activities and facilities, including a fitness center and aquatic park.
The Economy of Madison, SD
The economy of Madison is diversified, with education, healthcare, and manufacturing playing pivotal roles. Dakota State University is a major employer and contributes to the city's economy through education and technology-driven initiatives. The presence of the university also fosters a technology-focused business environment, which has led to the growth of tech startups and related businesses in the area.
Madison, SD Inflation
Understanding the BLS and Inflation in Madison, SD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Madison, SD. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Madison, SD understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Madison, SD using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Madison, SD when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Madison, SD
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