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Lake Norden, SD
Full City Profile · South Dakota · Hamlin County County
3.6
/5.0
B+
Good
769
Population
884/sq mi density
$71,923
Median Income
$30,122 per capita
$201,400
Home Value
$301,451 Zillow
$956
Median Rent
19.0% income on rent
43°F
Avg Temperature
276 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,923 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$201,400 home value, $956/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
20.5% bachelor's degree or higher
Housing Overview
Median Home Value
$201,400
29% below
US avg: $281,900
Median Rent
$956/mo
18% below
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
254
Median year built: 1964
Home Value by Source
Census Median
$201,400
Zillow (ZHVI)
$301,451
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.6%
Owner-Occupied
34.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent:
$956/mo
Affordability & Housing Stock
Rent Burden
19.0%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
65.6%
Complete Housing Data
Home Values
| Census Median Value | $201,400 |
| Zillow Home Value (ZHVI) | $301,451 |
Rent
| Census Median Rent | $956 |
| FMR Studio | $691 |
| FMR 1-Bedroom | $784 |
| FMR 2-Bedroom | $990 |
| FMR 3-Bedroom | $1,295 |
| FMR 4-Bedroom | $1,540 |
Market
Ownership & Stock
| Owner-Occupied | 65.6% |
| Renter-Occupied | 34.4% |
| Homeownership Rate | 65.6% |
| Total Housing Units | 254 |
| Median Year Built | 1964 |
| Rent Burden | 19.0% |