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Lake County, South Dakota Demographics 2026

Lake County, South Dakota has a population of 10,972, the 16th most populous county in South Dakota. The median household income is $76,808 and the median home value is $247,600. The poverty rate is 8.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Lake County Quick Facts

Population 10,972
Median Household Income $76,808
Median Home Value $247,600
Poverty Rate 8.4%
Unemployment Rate 2.9%
Median Age 43.8 years
Homeownership Rate 73.8%
Affordability Ratio 3.2x
Bachelor's Degree+ 34.6%
High School Graduation 93.4%
Cities/Places 10
Population 10,972 16th of 66
Median Income $76,808 2% higher than state
Poverty Rate 8.4%
Unemployment 2.9%

How Lake County Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population11,05210,972-0.7%
Median household income$73,792$76,808+4.1%
Median home value$231,000$247,600+7.2%

Economy & Housing

Household Income Distribution

Under $25K 16.1%
$25K-$50K 16.6%
$50K-$100K 29.1%
$100K+ 38.2%
Detailed income brackets
Under $10K
3.3%
$10K-$15K
1.7%
$15K-$20K
5.0%
$20K-$25K
6.0%
$25K-$30K
4.3%
$30K-$35K
1.6%
$35K-$40K
2.9%
$40K-$45K
5.0%
$45K-$50K
2.8%
$50K-$60K
6.0%
$60K-$75K
9.7%
$75K-$100K
13.5%
$100K-$125K
13.1%
$125K-$150K
8.6%
$150K-$200K
7.3%
$200K+
9.2%

Employment

2.9% Unemployment Rate State: 2.9%|National: 5.2%
65.4% Labor Force Participation

Housing Overview

Owner 73.8%
Renter 26.2%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $947/mo 14.8% of median household income annually

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 35 | National average: 61

Education

Cities & Places in Lake County

CityPopulationMedian IncomePovertyHome Value
Madison6,094$65,5939.5%$193,100
Lake Madison936$129,1911.0%$477,800
Ramona538$78,75026.2%$85,800
Brant Lake South211$107,9836.2%N/A
Chester152$68,3330.0%$147,500
Wentworth138$62,18813.8%$83,300
Brant Lake63$104,3180.0%$455,000
Nunda40N/A27.5%$118,800
Winfred34N/A0.0%N/A
Rustic Acres Colony30N/A0.0%N/A

Population Overview

Lake County is located in South Dakota with a total population of 10,972. It is the 16th most populous county out of 66 in South Dakota. The county encompasses 10 Census-designated places.

Age Demographics

The median age in Lake County is 43.8 years. This is 15% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Lake County is $76,808. This is 2% higher than the state median of $75,081. It is also 5% lower than the national median of $80,734. The poverty rate stands at 8.4%. This is 30% lower than the state poverty rate of 11.9%. The unemployment rate is 2.9%. The median home value is $247,600. Housing costs are 4% lower than the state median of $257,400. The home-value-to-income ratio is 3.2x. 73.8% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 68.6%.

Race & Ethnicity

Lake County has a predominantly White (non-Hispanic) population, comprising 88.8% of all residents. Hispanic or Latino residents account for 5.3%. The Black or African American population (0.7%) is well below the state average of 2.1%.

Education

34.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% higher than the state rate of 31.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.4%.

Data Sources & Methodology

All figures for Lake County come from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates, with comparisons drawn against South Dakota and national averages from the same dataset. See our methodology page for how each metric is defined, or data.census.gov for official tables with margins of error.

Frequently Asked Questions

What is the population of Lake County, South Dakota?

Lake County has a population of 10,972, making it the 16th most populous county in South Dakota.

What is the median income in Lake County?

The median household income in Lake County is $76,808 with a poverty rate of 8.4%.

How many cities are in Lake County, South Dakota?

Lake County contains 10 Census-designated places.