Cost of Living in Lake County, SD

What does it cost to live in Lake County? Income, housing, and affordability breakdown.

Median Income

$74,884

Median Rent

$819/mo

Median Home

$196,600

Affordability

497

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$994
Property Tax$195
Insurance$66

Total Monthly$1,255
% of Income20.1%

Renting

Median Rent$819
Renter's Insurance$25

Total Monthly$844
% of Income13.1%

Living in Lake County, South Dakota

Lake County has a median household income of $74,884 with housing costs that represent 20.1% of income for owners and 13.1% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 497 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in South Dakota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.