HomeSouth DakotaMarshall CountyLake City town
Lake City town, South Dakota: commercial real estate data.
Lake City town is a Census town of 40 people across 0.22 square miles of land, in Marshall County. Median household income is $41,563, 100.0 percent of occupied homes are owned.
48 sourced place values · tier FULL · 6 sections
This is a small place, and the figures below carry wide margins.
The American Community Survey reaches Lake City through a sample, not a count, and in a place this size that sample is thin. The population estimate here is 40 with a margin of error of plus or minus 24, which is 60.0 percent of the estimate itself. Every figure whose margin reaches 20 percent is printed with that margin beside it, so you can see the width of each one rather than having to assume it.
Nothing has been removed or adjusted. These are the published federal estimates, shown with the uncertainty the Census publishes alongside them.
Lake City
What Lake City is
- Census place typetown
- Land area0.22 sq mi
- Water area0.01 sq mi
- Population per square mile of land182 plus or minus 109
- County holding the largest share of its areaMarshall County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
How many people live in Lake City
- Population40 plus or minus 24
- Median age65.7
- Population under 183 plus or minus 11
- Share under 187.5 percent plus or minus 26.5
- Population 65 and over24 plus or minus 18
- Share 65 and over60.0 percent plus or minus 28.2
- Households21 plus or minus 13
- Family households11 plus or minus 10
- Share of households that are families52.4 percent plus or minus 34.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
Income and work in Lake City
- Median household income$41,563
- Per capita income$35,903 plus or minus $7,899
- Civilian labor force25 plus or minus 16
- Employed25 plus or minus 16
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over37 plus or minus 23
- Adults 25 and over with a high school diploma or higher89.2 percent plus or minus 21.5
- Adults 25 and over with a bachelor degree or higher37.8 percent plus or minus 40.1
- Adults 25 and over with a graduate degree0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
Housing in Lake City
- Housing units31 plus or minus 12
- Occupied units21 plus or minus 13
- Vacant units10 plus or minus 6
- Vacancy rate32.3 percent plus or minus 14.8
- Owner occupied21 plus or minus 13
- Renter occupied0
- Ownership rate100.0 percent
- Median owner-occupied home value$109,400 plus or minus $106,331
- Single family units29 plus or minus 16
- Share single family93.5 percent plus or minus 35.0
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes2 plus or minus 3
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake City
How Lake City gets to work
- Workers 16 and over who commute25 plus or minus 16
- Commuting under 15 minutes10 plus or minus 10
- Share commuting under 15 minutes40.0 percent plus or minus 29.1
- Commuting 30 minutes or more10 plus or minus 14
- Share commuting 30 minutes or more40.0 percent plus or minus 51.9
- Drove alone100.0 percent
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Marshall County, not Lake City
Marshall County context, not Lake City figures
These are Marshall County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake City measurements.
- Establishments in Marshall County140
- Employment at those establishments, Marshall County1,184
- Covered employment, Marshall County1,681
- Average annual pay, Marshall County$55,097
- Average weekly wage, Marshall County$1,060
- Housing units permitted, Marshall County16
- Of those, single family, Marshall County16
- County product, 2024, Marshall County$453,753,000
- County product change over the prior year, Marshall County12.7 percent
- Average income of an arriving household, Marshall County$78,953
Every figure in this section is published for Marshall County as a whole and is not a measurement of Lake City. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lake City questions, answered from the record.
How many people live in Lake City, South Dakota?
40, in 21 households. Lake City town covers 0.22 square miles of land, which is 182 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake City in?
Marshall County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake City?
$41,563. The median owner-occupied home is valued at $109,400. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Lake City figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Marshall County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake City.
Is zoning published for Lake City?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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