South Dakota · Census place 35500
Lake Preston city, SD
Quick answer
Lake Preston city has 539 residents, ranking #142 of 485 places in South Dakota. Median household income is $60,917, the median home is worth $139,100 and median gross rent runs $533 a month.
- Population
- 539Lake Preston city residents
- Median household income
- $60,917Past 12 months, inflation adjusted
- Median home value
- $139,100Owner-occupied units
- Median gross rent
- $533Rent plus utilities, monthly
- Median age
- 50 yrsAll residents
- Homeownership rate
- 66.8%Owner-occupied households
What the numbers mean in Lake Preston city
Housing cost measured against local earnings.
A household earning the Lake Preston city median would spend about 10.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.7% of residents and 66.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in South Dakota.
- Tripp city 563
- Herreid city 549
- Porcupine CDP 549
- New Underwood city 538
- Irene city 521
- Montrose city 514
- Oacoma town 505
Keep going
More South Dakota coverage.