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CITY · 2010 ACS

Lake Preston

South Dakota · 599 residents · 0.759 sq mi
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The short version

Lake Preston has notably lower household income than the US average, with a median household income of $36,500. Population has fallen 19% since 2000, a loss of 138 residents. Median home value is $54,700. With a median age of 47.6, the population is older than the US median of 37.2.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 47.6
US median: 37.2
Less educated
18% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
599
−19%since 2000
from 737 in 2000
1990 – 2025
Population density
789 / sq mi
−19%since 2000
from 971 / sq mi in 2000
US average: 261
Median age
47.6
+12%since 2000
from 42.6 in 2000
US average: 37.2
Population, 1990 – 2024
3664675696707711990201020202024Lake Preston
2024596
1990201020202024
Section 02

Income & economy

Median household income
$36,500
−1%inflation adjusted, since 2000
from $29,125 in 2000
US average: $52,703
1990 – 2024
Per capita income
$21,619
+32%since 2000
from $16,426 in 2000
US average: $27,286
Households earning $100K+
16.9%
+7.1 ptssince 2009
from 9.8% in 2009
US average: 33.3%
Poverty rate
12.6%
+4.5 ptssince 2000
from 8.1% in 2000
US average: 13.8%
Income inequality (Gini)
0.332
US average: 0.461
Workforce by industry, 2010
Retail trade37.9%
US avg: 10.9%
Finance & insurance10.1%
US avg: 5.1%
Professional, scientific, technical8.8%
US avg: 4.2%
Other services4.6%
US avg: 7%
Public administration4.6%
US avg: 4.9%
Wholesale trade3.6%
US avg: 7.2%
Agriculture, forestry, fishing2.9%
US avg: 1.9%
Construction2.3%
US avg: 1.4%
Transportation & warehousing2.3%
US avg: 3.1%
Information1.6%
US avg: 11.5%
Education & health services1.3%
US avg: 0.9%
Manufacturing0.7%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$54,700
+18%inflation adjusted, since 2000
from $36,700 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$343
−7%inflation adjusted, since 2000
from $292 in 2000
US average: $853
Owner-occupied
38.6%
−32.0 ptssince 2000
from 70.7% in 2000
30.5% rent
Vacancy rate
26.8%
−0.9 ptssince 2009
from 27.7% in 2009
US average: 12.1%
Owner cost-burdened
3.6%
+1.9 ptssince 2009
from 1.8% in 2009
US average: 30.9%
Renter cost-burdened
10.8%
−2.1 ptssince 2009
from 12.9% in 2009
US average: 46.8%
Afford Score
1.5
+19%since 2000
from 1.3 in 2000
1990 – 2024
RELATED:See current rent listings in Lake Preston on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98%(722)
Black0%(0)
Hispanic / Latino0.9%(7)
Asian0%(0)
Other0%
Diversity Score2.4%(18)
2010
White, non-Hispanic97.7%(585)
Black0%(0)
Hispanic / Latino1.2%(7)
Asian0.2%(1)
Other0.8%(5)
Diversity Score5.2%(31)
Diversity Score
5
+119%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
18.2%
+3.1 ptssince 2000
from 15.1% in 2000
US average: 27.9%
High school or higher
87.0%
+4.9 ptssince 2000
from 82.1% in 2000
US average: 84.9%
Graduate degree
5.8%
+0.8 ptssince 2000
from 5.0% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
21.1 min
+27%since 2000
from 16.6 min in 2000
US average: 25.2
Drive alone to work
71.6%
−2.1 ptssince 2009
from 73.7% in 2009
US average: 76.2%
Carpooled to work
12.7%
+1.4 ptssince 2009
from 11.4% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
2.6%
+0.3 ptssince 2009
from 2.3% in 2009
US average: 4.1%
Walked to work
10.8%
+1.7 ptssince 2009
from 9.1% in 2009
US average: 2.8%
Biked to work
1.0%
−0.6 ptssince 2009
from 1.6% in 2009
US average: 0.5%
No vehicle available
3.8%
+2.5 ptssince 2009
from 1.3% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
7.2%
−5.1 ptssince 2009
from 12.3% in 2009
US average: 12.9%
Management & professional
27.8%
−23.8 ptssince 2009
from 51.6% in 2009
US average: 35.2%
Section 08

People & community

Male
55.1%
+4.3 ptssince 2009
from 50.8% in 2009
Female
44.9%
−4.3 ptssince 2009
from 49.2% in 2009
Foreign born
0.5%
−0.3 ptssince 2009
from 0.7% in 2009
US average: 12.8%
Veterans
14.6%
−35.1 ptssince 2009
from 49.7% in 2009
US average: 9.9%
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Frequently asked

How many people live in Lake Preston, South Dakota?

Lake Preston, South Dakota has about 599 residents according to the 2010 American Community Survey.

What is the median household income in Lake Preston, South Dakota?

The typical household in Lake Preston, South Dakota earns about $36,500 a year. Half of households make more than that, and half make less.

Is Lake Preston, South Dakota expensive?

In Lake Preston, South Dakota, the median home is worth about $54,700, and the typical rent is about $343 a month.

How educated are people in Lake Preston, South Dakota?

About 18.2% of adults age 25 and over in Lake Preston, South Dakota hold a bachelor's degree or higher.

What is the poverty rate in Lake Preston, South Dakota?

About 12.6% of people in Lake Preston, South Dakota live below the federal poverty line.

Has Lake Preston, South Dakota grown since 1990?

Yes, Lake Preston, South Dakota has shrunk since 1990. The population has lost about 64 residents, a change of about -10 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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