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
Housing Overview
Median Home Value
$175,000
38% below
US avg: $281,900
Homeownership Rate
90.0%
38% above US avg (65.4%)
Total Housing Units
29
Median year built: 1965
Home Value by Source
Census Median
$175,000
Zillow (ZHVI)
$304,743
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.0%
Owner-Occupied
10.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$669/mo
1 Bedroom
$739/mo
2 Bedroom
$970/mo
3 Bedroom
$1,163/mo
4 Bedroom
$1,627/mo
Affordability & Housing Stock
Rent Burden
18.2%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
90.0%
Complete Housing Data
Home Values
| Census Median Value | $175,000 |
| Zillow Home Value (ZHVI) | $304,743 |
Rent
| FMR Studio | $669 |
| FMR 1-Bedroom | $739 |
| FMR 2-Bedroom | $970 |
| FMR 3-Bedroom | $1,163 |
| FMR 4-Bedroom | $1,627 |
Market
Ownership & Stock
| Owner-Occupied | 90.0% |
| Renter-Occupied | 10.0% |
| Homeownership Rate | 90.0% |
| Total Housing Units | 29 |
| Median Year Built | 1965 |
| Rent Burden | 18.2% |