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Lake City, SD

Full City Profile · South Dakota · Marshall County County

3.0 /5.0
B Good
56 Population 255/sq mi density
$43,750 Median Income $23,636 per capita
$175,000 Home Value $288,984 Zillow
44°F Avg Temperature 276 sunny days/yr
449 Violent Crime/100K 1,142 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$43,750 median income, 2.2% unemployment
A
Affordability
4.4 / 5.0
$175,000 home value, /mo rent
F
Safety
1.0 / 5.0
449 violent crimes/100K (18% above avg)
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher

Income Overview

Median Household Income
$43,750
42% below
US avg: $75,149
Per Capita Income
$23,636
39% below
US avg: $39,052
Unemployment Rate
2.2%
39% below
US avg: 3.6%
Poverty Rate
15.4%
24% above
US avg: 12.4%

Income Comparison: Lake City vs. U.S. Average

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

Median Household
US: $75,149
$43,750
58%
Per Capita
US: $39,052
$23,636
61%
IRS Avg AGI
US: $72,000
$77,004
107%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
18 min
36% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
100.0%
37% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$454M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 100%
Public Transit 0%
Work From Home 0%
Average commute time
18 minutes
US avg: 28 min

Business Landscape

Total Establishments
212
Restaurants
10
Healthcare
12
Retail
21
Manufacturing
7

Tax & Financial

IRS Avg Adjusted Gross Income
$77,004
7% above US avg ($72,000)
Avg Property Tax
$5,450
56% above US avg ($3,500)
Cost of Living Index
88.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$43,750
Per Capita Income$23,636
IRS Avg Adjusted Gross Income$77,004
Avg Weekly Wage$1,060
County GDP$454M

Hardship Indicators

Unemployment Rate2.2%
Poverty Rate15.4%
Gini Coefficient0.467
Cost of Living Index88.6

Commute

Mean Commute18 minutes
Drive Alone100.0%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments212
Restaurants10
Healthcare12
Retail21
Manufacturing7

Tax

IRS Avg AGI$77,004
Avg Property Tax$5,450