Lake City town, South Dakota Demographics & Population 2026
As of 2026, Lake City town, South Dakota has a total population of 56, the 360th largest city in South Dakota, with a median household income of $43,750, which is 40% lower than the state average. The poverty rate is 39.3%.
Key Takeaways
- Household income is 40% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (39.3%), well above the national average of 12.4%.
Lake City town Quick Facts
How Lake City town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 33 | National average: 60
Education
Educational Attainment (Adults 25+)
Lake City town Rankings in South Dakota
Explore South Dakota Rankings
Other Cities in Marshall County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Britton city | 1,117 | $70,156 | 11.3% | $110,100 |
| Veblen city | 428 | $52,917 | 20.8% | $40,800 |
| Langford town | 402 | $74,063 | 1.0% | $105,800 |
| Eden town | 206 | N/A | 1.5% | N/A |
Cities Similar to Lake City town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cameron Colony CDP | 58 | N/A | N/A | 0.0% | 0.0% |
| Millbrook Colony CDP | 54 | N/A | N/A | 0.0% | 68.5% |
| Evergreen Colony CDP | 59 | N/A | N/A | 100.0% | 100.0% |
| Sherman town | 55 | $46,875 | $91,000 | 9.1% | 3.6% |
| Interior town | 53 | N/A | $114,300 | 18.4% | 35.9% |
Population Overview
Lake City town is a small community located in South Dakota, within Marshall County. The total population is 56. It ranks as the 360th most populous out of 439 cities and towns in South Dakota.
Age Demographics
The median age in Lake City town is 34.5 years. This is 8% lower than the state median of 37.7 years.
Economy, Income & Housing
The median household income in Lake City town is $43,750. This is 40% lower than the state median of $72,421. Compared to the national median of $78,538, household income here is 44% lower. The poverty rate stands at 39.3%. This is 227% higher than the state poverty rate of 12.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 2.7%. This is 10% lower than the state rate of 3.0%. The median home value is $175,000. Housing costs are 26% lower than the state median of $236,800. The home-value-to-income ratio is 4.0x. 90.0% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 68.6%.
Race & Ethnicity
Lake City town has a predominantly White (non-Hispanic) population, comprising 100.0% of all residents.
Education
26.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% lower than the state rate of 31.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 100.0%.
Data Sources & Methodology
All demographic data for Lake City town, South Dakota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against South Dakota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 439 Census-designated places in South Dakota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Lake City town, South Dakota?
Lake City town, South Dakota has a population of 56 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake City town, SD?
The median household income in Lake City town is $43,750, which is 44% lower the national median of $78,538.
What is the poverty rate in Lake City town, SD?
The poverty rate in Lake City town is 39.3%. This means approximately 22 residents live below the federal poverty line.
What is the racial makeup of Lake City town, South Dakota?
Lake City town's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Lake City town, SD?
The median home value in Lake City town is $175,000. The home-value-to-income ratio is 4.0x.
How educated is Lake City town, South Dakota?
26.1% of adults (25+) in Lake City town hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.