Lake Preston, SD

Full City Profile · South Dakota · Kingsbury County County

3.7 /5.0
B+ Good
539 Population 709/sq mi density
$60,917 Median Income $36,489 per capita
$139,100 Home Value $260,882 Zillow
$533 Median Rent 40.5% income on rent
44°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$60,917 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$139,100 home value, $533/mo rent
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher

Lake Preston, SD

At a Glance

Median Income
$60,917
19% below
$36,489 per capita
Home Value
$139,100
51% below
Zillow: $260,882
Median Rent
$533/mo
54% below
40.5% of income on rent
Bachelor's Degree+
13.6%
60% below
87.6% high school+
Unemployment
0.4%
89% below
7.6% poverty rate
Obesity Rate
36.7%
14% above
15.9% smoking rate
Avg Temperature
44°F

How Lake Preston Compares to the U.S. Average

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

Income
81%
Home Value
49%
Rent
46%
Poverty
61%
Bachelor's
40%
Unemployment
11%
Thin vertical line = U.S. national average (100%)

Is Lake Preston a Good Place to Live?

B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Preston residents earn a median household income of $60,917 , which is 19% below the national average of $75,149. Per capita income is $36,489. The unemployment rate stands at 0.4% (89% below the U.S. rate of 3.6%). 7.6% of residents live below the poverty line. The area is home to 265 business establishments, including 9 restaurants.

Housing & Cost of Living

The median home value in Lake Preston is $139,100 , 51% below the national median of $281,900. Zillow estimates the typical home at $260,882. Median rent is $533/month, with 40.5% of renters spending more than 30% of income on housing. The cost of living index is 88.6 (100 = national average). The median home was built in 1972.

Education

13.6% of adults in Lake Preston hold a bachelor's degree or higher (60% below the national average). 87.6% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Lake Preston has an average annual temperature of 44°F (7°C). Winters average 14°F in January while summers reach 71°F in July. Annual precipitation totals 25.9 inches.

Data Overview

People

Population539
Median Age50.0 yrs
Density709/mi²
Male / Female47% / 53%
Foreign Born1.5%
Veterans7.0%

Economy

A
Median Income$60,917
Per Capita$36,489
Unemployment0.4%
Poverty7.6%
County GDP$370M
Avg Weekly Wage$920

Housing

A+
Home Value$139,100
Rent$533
Ownership66.8%
Zillow$260,882
Housing Units293
Rent Burden40.5%

Health

Obesity36.7%
Diabetes9.4%
Smoking15.9%
Heart Disease5.6%
Premature Death4,945/100K

Climate

Avg Temp44°F
Rain25.9 in/yr
Elevation1,720 ft

Education

C
Bachelor's+13.6%
High School+87.6%
Graduate+3.5%
School Score5.8/10

Community

2024 VoteR 71% / D 27%
Commute21 min
Broadband77.7%
Internet Speed65 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Lake Preston was built in 1972.
The nearest airport is Brookings Regional (28 miles).
The Gini coefficient (income inequality) is 0.450 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
23.4% of the population has a disability.
The county recorded 2 fatal vehicle crashes.