Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 61.2 yrs |
|---|---|
| Avg HH Size | 2.44 |
| Below Poverty | 10.9% ▲ 9% above avg |
| College Grads | 41.8% ▲ 8% above avg |
| Unemployment | 0.7% ▼ 86% below avg |
| HS Graduate | 89 (47.1%) |
| Some College | 15 (7.9%) |
| Associates | 6 (3.2%) |
| Bachelors | 47 (24.9%) |
| Graduate Degree | 32 (16.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $66,042 ▼ 13% below avg |
|---|---|
| Median Home Value | $236,600 ▼ 15% below avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Total Housing Units | 361 |
| Vacant Units | 267 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake City is a city in South Dakota, located in Marshall County. The city spans 1 ZIP code and is home to approximately 229 residents. It is an older city, with a median age of 61.2 years.
Economically, Lake City is a solidly middle-class community. The median household income of $66,042 is near the national average. Approximately 10.9% of residents live below the poverty line. The unemployment rate is 0.7%, well below the national average.
The real estate market in Lake City is an affordable housing market. Median home values stand at $236,600, which is below the national average. Homeownership is high at 81.9%, typical of suburban and family-oriented communities.
The population of Lake City is well-educated. 41.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (82.97%).
Lake City, SD offers residents a cost-conscious lifestyle within South Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 57247 | 229 | $66,042 | $236,600 | — | 0.7% | 41.8% | 81.9% |