housing costs · South Dakota
Housing costs in Lake County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $947 | ± $88 | evidence → |
| 2019–2023 | $868 | ± $73 | evidence → |
| 2018–2022 | $819 | ± $41 | evidence → |
| 2017–2021 | $753 | ± $67 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $247,600 | ± $21,400 | evidence → |
| 2019–2023 | $231,000 | ± $18,574 | evidence → |
| 2018–2022 | $196,600 | ± $21,128 | evidence → |
| 2017–2021 | $172,700 | ± $18,197 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.1 % | ± 3.8 % | evidence → |
| 2019–2023 | 26.5 % | ± 6.1 % | evidence → |
| 2018–2022 | 29.2 % | ± 7.7 % | evidence → |
| 2017–2021 | 27.4 % | ± 9.8 % | evidence → |
In context
Median rent in Lake County is $947, above the South Dakota median of $762 across 66 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.