Lake Preston, SD

Census Place

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2023 Population
539
1.64% 1-year decline
US Senator
John Thune
Republican Party
US Senator
Mike Rounds
Republican Party
2023 Median Age
50
8.23% 1-year increase
2023 Poverty Rate
13.7%
14% 1-year increase
2023 Median Household Income
$60,917
1.93% 1-year growth
2023 Median Property Value
$139,100
31.7% 1-year growth
2023 Employed Population
246
2.77% 1-year decline

About

In 2023, Lake Preston, SD had a population of 539 people with a median age of 50 and a median household income of $60,917. Between 2022 and 2023 the population of Lake Preston, SD declined from 548 to 539, a −1.64% decrease and its median household income grew from $59,766 to $60,917, a 1.93% increase.

The 5 largest ethnic groups in Lake Preston, SD are White (Non-Hispanic) (78.1%), Two Races Excluding Other, & Three or More Races (Non-Hispanic) (8.72%), Two Races Including Other (Hispanic) (7.42%), White (Hispanic) (3.71%), and American Indian & Alaska Native (Non-Hispanic) (1.67%).

None of the households in Lake Preston, SD reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

99.6% of the residents in Lake Preston, SD are U.S. citizens.

In 2023, the median property value in Lake Preston, SD was $139,100, and the homeownership rate was 66.8%.

Most people in Lake Preston, SD drove alone to work, and the average commute time was 21 minutes. The average car ownership in Lake Preston, SD was 2 cars per household.

United StatesSouth DakotaKingsbury County, SDJackrabbit Region PUMA, SD

Population & Diversity

Lake Preston, SD is home to a population of 539 people, from which 99.6% are citizens. As of 2023, 1.48% of Lake Preston, SD residents were born outside of the country (8 people).

In 2023, there were 8.96 times more White (Non-Hispanic) residents (421 people) in Lake Preston, SD than any other race or ethnicity. There were 47 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 40 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.6%
2023 Citizenship
99.3%
2022 Citizenship

As of 2023, 99.6% of Lake Preston, SD residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Lake Preston, SD was 99.3%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Lake Preston, SD compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Preston, SD
  1. White (Non-Hispanic)
    421 ± 85
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    47 ± 25
  3. Two Races Including Other (Hispanic)
    40 ± 41
11.1%
Hispanic Population
60 people

In 2023, there were 8.96 times more White (Non-Hispanic) residents (421 people) in Lake Preston, SD than any other race or ethnicity. There were 47 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 40 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

11.1% of the people in Lake Preston, SD are hispanic (60 people).

The following chart shows the 8 races represented in Lake Preston, SD as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for South Dakota.
Most Common Origin
  1. Mexico
    3,626 ± 1,475 people
  2. Guatemala
    2,932 ± 1,327 people
  3. Ethiopia
    2,627 ± 1,257 people

In 2023, the most common birthplace for the foreign-born residents of South Dakota was Mexico, the natal country of 3,626 South Dakota residents, followed by Guatemala with 2,932 and Ethiopia with 2,627.

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Foreign-Born Population

1.48%
2023 Foreign-Born Population
8 people
2.01%
2022 Foreign-Born Population
11 people

As of 2023, 1.48% of Lake Preston, SD residents (8 people) were born outside of the United States, which is approximately the same as the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Lake Preston, SD was 2.01%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Lake Preston, SD compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    11 ± 19
  2. Gulf War (2001-)
    5 ± 11
  3. Gulf War (1990s)
    3 ± 11

Lake Preston, SD has a large population of military personnel who served in Vietnam, 2.2 times greater than any other conflict.

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Economy

The economy of Lake Preston, SD employs 246 people. In 2023, the largest industries in Lake Preston, SD were Manufacturing (69 people), Health Care & Social Assistance (34 people), and Educational Services (29 people), and the highest paying industries were Agriculture, Forestry, Fishing & Hunting ($172,500), Agriculture, Forestry, Fishing & Hunting, & Mining ($143,750), and Transportation & Warehousing, & Utilities ($93,750).

Employment

Occupations

246
2023 Value
± 71
−2.77%
1 Year decline
± 41%

From 2022 to 2023, employment in Lake Preston, SD declined at a rate of −2.77%, from 253 employees to 246 employees.

The most common job groups, by number of people living in Lake Preston, SD, are Production Occupations (36 people), Management Occupations (24 people), and Education Instruction, & Library Occupations (23 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Preston, SD.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for South Dakota.

This chart shows weekly unemployment insurance claims in South Dakota (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

246
2023 Value
± 71
−2.77%
1 Year decline
± 41%

From 2022 to 2023, employment in Lake Preston, SD declined at a rate of −2.77%, from 253 employees to 246 employees.

The most common employment sectors for those who live in Lake Preston, SD, are Manufacturing (69 people), Health Care & Social Assistance (34 people), and Educational Services (29 people). This chart shows the share breakdown of the primary industries for residents of Lake Preston, SD, though some of these residents may live in Lake Preston, SD and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$42,344
Median earning men ± $8,955
$40,221
Median earning women ± $3,309

The industries with the best median earnings for men in 2023 are Agriculture, Forestry, Fishing & Hunting, & Mining ($172,500), Transportation & Warehousing, & Utilities ($93,750), and Educational Services, & Health Care & Social Assistance ($57,917).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($46,500), Finance & Insurance, & Real Estate & Rental & Leasing ($40,357), and Manufacturing ($40,000).

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Employment by Industry Sector

Data is only available at the state level. Showing data for South Dakota.
Y-Axis
2.37%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 450k people employed in South Dakota. This represents a 2.37% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 8.96%.

The following chart shows monthly employment numbers for each industry sector in South Dakota.

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Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Working Population

Educational Pyramid

Data is only available at the state level. Showing data for South Dakota.
Measure

In 2023, 0.64% of men over 25 years of age had not completed any academic degree (no schooling), while 0.58% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for South Dakota.
Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (205k), Some college (147k), and Bachelors Degree (137k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Lake Preston, SD was $139,100 in 2023, which is 0.458 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $105,600 to $139,100, a 31.7% increase. The homeownership rate in Lake Preston, SD is 66.8%, which is higher than the national average of 65%.

People in Lake Preston, SD have an average commute time of 21 minutes, and they drove alone to work. Car ownership in Lake Preston, SD is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$139,100
Median Property Value 2023
±$69,136
$165
Median Property Taxes
±$41

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Preston, SD the largest share of households pay taxes in the $1,500 - $2k range.

The chart underneath the paragraph shows the property taxes in Lake Preston, SD compared to it's parent and neighbor geographies.

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Rent vs Own

66.8%
Homeownership
2023
61.7%
Homeowners with Mortgage
2023

In 2023, 66.8% of the housing units in Lake Preston, SD were occupied by their owner. This percentage grew from the previous year's rate of 66.1%.

This chart shows the percentage of owner in Lake Preston, SD compared it's parent and neighboring geographies.

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Equity

Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Lake Preston, SD colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$60,917
Median Household Income
± $9,633
247
Number of Households
± 55

In 2023, the median household income of the 247 households in Lake Preston, SD grew to $60,917 from the previous year's value of $59,766.

The following chart displays the households in Lake Preston, SD distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Lake Preston, SD is from South Dakota.
0.443
2023 Wage GINI in South Dakota
0.438
2022 Wage GINI in South Dakota

In 2023, the income inequality in South Dakota was 0.443 according to the GINI calculation of the wage distribution. Income inequality had a 1.14% growth from 2022 to 2023, which means that wage distribution grew somewhat less even. The GINI for South Dakota was lower than than the national average of 0.476. In other words, wages are distributed more evenly in South Dakota in comparison to the national average.

This chart shows the number of workers in South Dakota across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (81.7%)
  2. Carpooled (9.76%)
  3. Worked At Home (6.91%)

In 2023, 81.7% of workers in Lake Preston, SD drove alone to work, followed by those who carpooled to work (9.76%) and those who worked at home (6.91%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

21 minutes
Average Travel Time

Using averages, employees in Lake Preston, SD have a shorter commute time (21 minutes) than the normal US worker (26.6 minutes). Additionally, 0.437% of the workforce in Lake Preston, SD have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Preston, SD compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Lake Preston, SD distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Preston, SD have 2 cars.

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Poverty

Poverty & Diversity

13.7% of the population for whom poverty status is determined in Lake Preston, SD (74 out of 539 people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Females 75+, followed by Females 65 - 74 and then Males 35 - 44.

The most common racial or ethnic group living below the poverty line in Lake Preston, SD is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

95.9% of the population of Lake Preston, SD has health coverage, with 45.8% on employee plans, 15.6% on Medicaid, 22.1% on Medicare, 7.61% on non-group plans, and 4.82% on military or VA plans.

Primary care physicians in South Dakota see 1,252 patients per year on average, which represents a 0.724% increase from the previous year (1,243 patients). Compare this to dentists who see 1561 patients per year, and mental health providers who see 441 patients per year.

By gender, of the total number of insured persons, 46.6% were men and 53.4% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 15.4% under 18 years, 19.7% between 18 and 34 years, 38% between 35 and 64 years, and 26.9% over 64 years.

By gender, of the total number of insured persons, 46.6% were men and 53.4% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

4.08%
Uninsured
45.8%
Employer Coverage
15.6%
Medicaid
22.1%
Medicare
7.61%
Non-Group
4.82%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Lake Preston, SD declined by 2.75% from 4.2% to 4.08%.

The following chart shows how the percent of uninsured individuals in Lake Preston, SD changed over time compared with the percent of individuals enrolled in various types of health insurance.

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