Lake City, SD

Full City Profile · South Dakota · Marshall County County

3.6 /5.0
B+ Good
56 Population 255/sq mi density
$43,750 Median Income $23,636 per capita
$175,000 Home Value $304,743 Zillow
44°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$43,750 median income, 2.7% unemployment
A
Affordability
4.4 / 5.0
$175,000 home value, /mo rent
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher

Lake City, SD

At a Glance

Median Income
$43,750
42% below
$23,636 per capita
Home Value
$175,000
38% below
Zillow: $304,743
Bachelor's Degree+
26.1%
23% below
100.0% high school+
Unemployment
2.7%
25% below
15.4% poverty rate
Obesity Rate
35.1%
9% above
15.5% smoking rate
Avg Temperature
44°F

How Lake City Compares to the U.S. Average

Each bar shows Lake City's value as a percentage of the national average (100% = U.S. avg)

Income
58%
Home Value
62%
Poverty
124%
Bachelor's
77%
Unemployment
75%
Thin vertical line = U.S. national average (100%)

Is Lake City a Good Place to Live?

B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake City residents earn a median household income of $43,750 , which is 42% below the national average of $75,149. Per capita income is $23,636. The unemployment rate stands at 2.7% (25% below the U.S. rate of 3.6%). 15.4% of residents live below the poverty line. The area is home to 212 business establishments, including 10 restaurants.

Housing & Cost of Living

The median home value in Lake City is $175,000 , 38% below the national median of $281,900. Zillow estimates the typical home at $304,743. The cost of living index is 88.6 (100 = national average). The median home was built in 1965.

Education

26.1% of adults in Lake City hold a bachelor's degree or higher (23% below the national average). 100.0% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Lake City has an average annual temperature of 44°F (6°C). Winters average 12°F in January while summers reach 72°F in July. Annual precipitation totals 25.0 inches.

Data Overview

People

Population56
Median Age34.5 yrs
Density255/mi²
Male / Female68% / 32%
Foreign Born10.7%
Veterans8.7%

Economy

B
Median Income$43,750
Per Capita$23,636
Unemployment2.7%
Poverty15.4%
County GDP$454M
Avg Weekly Wage$1,060

Housing

A
Home Value$175,000
Rent
Ownership90.0%
Zillow$304,743
Housing Units29
Rent Burden18.2%

Health

Obesity35.1%
Diabetes8.8%
Smoking15.5%
Heart Disease5.2%
Premature Death5,654/100K

Climate

Avg Temp44°F
Rain25.0 in/yr
Elevation1,863 ft

Education

B
Bachelor's+26.1%
High School+100.0%
Graduate+0.0%
School Score6.0/10

Community

2024 VoteR 61% / D 37%
Commute18 min
Broadband100.0%
Internet Speed218 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Lake City was built in 1965.
The nearest airport is Aberdeen Regional (52 miles).
The Gini coefficient (income inequality) is 0.467 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
5.4% of the population has a disability.
10.7% of residents are foreign-born.
Average internet download speed is 218 Mbps.