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Lake Andes, South Dakota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
901
Population
$47,500
Median Income
$58,800
Home Value
30.0
Median Age

Demographics

Lake Andes has a population of 901 with a median age of 30.0. Here is the racial and ethnic breakdown of the population:

Other
53.0%
White
37.1%
Hispanic
9.5%
Demographic Value
Total Population901
Median Age30.0
White37.1%
Black or African American0.3%
Asian0.1%
Hispanic or Latino9.5%
Other / Two or More Races53.0%
Lake Andes, South Dakota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Other: 53.0%White: 37.1%Hispanic/Latino: 9.5%Other: 0.4%901PopulationOtherOther53.0%WhiteWhite37.1%Hispanic/LatinoHispanic/Latino9.5%OtherOther0.4%

Income & Economy

The median household income in Lake Andes is $47,500, which is 41.1% below the national median of $80,610. The per capita income is $26,196. The poverty rate is 36.2%.

$47,500
Median Household Income
$26,196
Per Capita Income
36.2%
Poverty Rate

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Education

In Lake Andes, 82.6% of residents age 25+ have a high school diploma or higher, and 27.0% hold a bachelor's degree or higher (7.1% with a graduate or professional degree).

HS Diploma+
82.6%
Bachelor's+
27.0%
Graduate+
7.1%
Education Level % of Adults (25+)
High School Diploma or Higher82.6%
Bachelor's Degree or Higher27.0%
Graduate or Professional Degree7.1%

Housing

The median home value in Lake Andes is $58,800, below the national median of $303,400. The median monthly rent is $762. The homeownership rate is 70.6%.

$58,800
Median Home Value
$762/mo
Median Rent
70.6%
Homeownership Rate
Housing Metric Value
Median Home Value$58,800
Median Monthly Rent$762
Homeownership Rate70.6%
Vacancy Rate25.4%

Salaries in South Dakota

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Frequently Asked Questions

What is the population of Lake Andes, South Dakota?
The population of Lake Andes, South Dakota is 901 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Andes, South Dakota?
The median household income in Lake Andes, South Dakota is $47,500. This is 41.1% below the national median of $80,610.
What is the median home value in Lake Andes, South Dakota?
The median home value in Lake Andes, South Dakota is $58,800. The median monthly rent is $762.
What percentage of people in Lake Andes have a college degree?
In Lake Andes, South Dakota, 27.0% of adults age 25 and older hold a bachelor's degree or higher, and 82.6% have a high school diploma or higher.
Is Lake Andes, South Dakota an affordable place to live?
The home price-to-income ratio in Lake Andes, South Dakota is 1.2x (median home value $58,800 vs. median income $47,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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