Lake Preston, SD

Census Place

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2024 Population
596
US Senator
John Thune
Republican Party
US Senator
Mike Rounds
Republican Party
2024 Median Age
49.3
1.4% 1-year decrease
2024 Poverty Rate
17%
23.5% 1-year increase
2024 Median Household Income
$52,396
14% 1-year decline
2024 Median Property Value
$130,000
6.54% 1-year decline
2024 Employed Population
253
2.85% 1-year growth

About

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.

99.7% of the residents in Lake Preston, SD are U.S. citizens.

In 2024, the median property value in Lake Preston, SD was $130,000, and the homeownership rate was 61.7%.

Most people in Lake Preston, SD drove alone to work, and the average commute time was 23.4 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 596 people, from which 99.7% are citizens. As of 2024, 1.01% of Lake Preston, SD residents were born outside of the country (6 people).

In 2024, there were 11.8 times more White (Non-Hispanic) residents (462 people) in Lake Preston, SD than any other race or ethnicity. There were 39 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 34 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.7%
2024 Citizenship
99.6%
2023 Citizenship

As of 2024, 99.7% of Lake Preston, SD residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Preston, SD was 99.6%, 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)
    462 ± 102
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    39 ± 27
  3. Two Races Including Other (Non-Hispanic)
    34 ± 49
5.54%
Hispanic Population
33 people

In 2024, there were 11.8 times more White (Non-Hispanic) residents (462 people) in Lake Preston, SD than any other race or ethnicity. There were 39 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 34 Two Races Including Other (Non-Hispanic) residents, the second and third most common ethnic groups.

5.54% of the people in Lake Preston, SD are hispanic (33 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

1.01%
2024 Foreign-Born Population
6 people
1.48%
2023 Foreign-Born Population
8 people

As of 2024, 1.01% of Lake Preston, SD residents (6 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake Preston, SD was 1.48%, 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
    9 ± 17
  2. Gulf War (2001-)
    3 ± 11
  3. Gulf War (1990s)
    3 ± 11

Lake Preston, SD has a large population of military personnel who served in Vietnam, 3 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lake Preston, SD.

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Economy

The economy of Lake Preston, SD employs 253 people. In 2024, the largest industries in Lake Preston, SD were Manufacturing (59 people), Health Care & Social Assistance (36 people), and Educational Services (23 people), and the highest paying industries were Agriculture, Forestry, Fishing & Hunting ($185,000), Agriculture, Forestry, Fishing & Hunting, & Mining ($164,375), and Transportation & Warehousing, & Utilities ($96,458).

Employment

Occupations

253
2024 Value
± 68
2.85%
1 Year growth
± 38.3%

From 2023 to 2024, employment in Lake Preston, SD grew at a rate of 2.85%, from 246 employees to 253 employees.

The most common job groups, by number of people living in Lake Preston, SD, are Production Occupations (33 people), Management Occupations (22 people), and Education Instruction, & Library Occupations (21 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

253
2024 Value
± 68
2.85%
1 Year growth
± 38.3%

From 2023 to 2024, employment in Lake Preston, SD grew at a rate of 2.85%, from 246 employees to 253 employees.

The most common employment sectors for those who live in Lake Preston, SD, are Manufacturing (59 people), Health Care & Social Assistance (36 people), and Educational Services (23 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

$46,250
Median earning men ± $9,617
$41,667
Median earning women ± $5,987

The industries with the best median earnings for men in 2024 are Agriculture, Forestry, Fishing & Hunting, & Mining ($185,000), Transportation & Warehousing, & Utilities ($96,458), and Educational Services, & Health Care & Social Assistance ($61,250).

The industries with the best median earnings for women in 2024 are Manufacturing ($45,500), Finance & Insurance, & Real Estate & Rental & Leasing ($42,917), and Educational Services, & Health Care & Social Assistance ($36,875).

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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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Housing & Living

The median property value in Lake Preston, SD was $130,000 in 2024, which is 0.391 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $139,100 to $130,000, a 6.54% decrease. The homeownership rate in Lake Preston, SD is 61.7%, which is lower than the national average of 65.2%.

People in Lake Preston, SD have an average commute time of 23.4 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

$130,000
Median Property Value 2024
±$55,965
$166
Median Property Taxes
±$38

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 $800 - $1,499 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

61.7%
Homeownership
2024
55%
Homeowners with Mortgage
2024

In 2024, 61.7% of the housing units in Lake Preston, SD were occupied by their owner. This percentage declined from the previous year's rate of 66.8%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$52,396
Median Household Income
± $16,187
269
Number of Households
± 58

In 2024, the median household income of the 269 households in Lake Preston, SD declined from $52,396 from the previous year's value of $60,917.

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 2024
  1. Drove Alone (77.4%)
  2. Worked At Home (11.1%)
  3. Carpooled (10.3%)

In 2024, 77.4% of workers in Lake Preston, SD drove alone to work, followed by those who worked at home (11.1%) and those who carpooled to work (10.3%).

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

23.4 minutes
Average Travel Time

Using averages, employees in Lake Preston, SD have a shorter commute time (23.4 minutes) than the normal US worker (26.4 minutes). Additionally, 0.446% 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

17% of the population for whom poverty status is determined in Lake Preston, SD (97 out of 572 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Females 35 - 44 and then Females 12 - 14.

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

95.3% of the population of Lake Preston, SD has health coverage, with 41.4% on employee plans, 17.1% on Medicaid, 23.6% on Medicare, 9.27% on non-group plans, and 3.85% on military or VA plans.

Primary care physicians in South Dakota see 1,252 patients per year on average, which represents a 0% change from the previous year (1,252 patients). Compare this to dentists who see 1561 patients per year, and mental health providers who see 409 patients per year.

By gender, of the total number of insured persons, 44.9% were men and 55.1% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 18.2% under 18 years, 19.9% between 18 and 34 years, 37.9% between 35 and 64 years, and 24% over 64 years.

By gender, of the total number of insured persons, 44.9% were men and 55.1% were women.

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

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Uninsured People

4.72%
Uninsured
41.4%
Employer Coverage
17.1%
Medicaid
23.6%
Medicare
9.27%
Non-Group
3.85%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Lake Preston, SD grew by 15.6% from 4.08% to 4.72%.

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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