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Timber Lake, SD
Full City Profile · South Dakota · Corson County County
3.4
/5.0
B
Good
677
Population
1,110/sq mi density
$58,000
Median Income
$26,510 per capita
$83,600
Home Value
$128,018 Zillow
$567
Median Rent
18.4% income on rent
45°F
Avg Temperature
311 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$58,000 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$83,600 home value, $567/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.9 / 5.0
23.9% bachelor's degree or higher
Housing Overview
Median Home Value
$83,600
70% below
US avg: $281,900
Median Rent
$567/mo
51% below
US avg: $1,163/mo
Homeownership Rate
60.6%
7% below US avg (65.4%)
Total Housing Units
278
Median year built: 1967
Home Value by Source
Census Median
$83,600
Zillow (ZHVI)
$128,018
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.6%
Owner-Occupied
39.4%
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:
$567/mo
Affordability & Housing Stock
Rent Burden
18.4%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
60.6%
Complete Housing Data
Home Values
| Census Median Value | $83,600 |
| Zillow Home Value (ZHVI) | $128,018 |
Rent
| Census Median Rent | $567 |
| 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 | 60.6% |
| Renter-Occupied | 39.4% |
| Homeownership Rate | 60.6% |
| Total Housing Units | 278 |
| Median Year Built | 1967 |
| Rent Burden | 18.4% |