Lake Andes, SD
Population 934 · South Dakota
About Lake Andes, SD
Lake Andes is a small community in South Dakota with a population of 934 residents. The median household income is $45,714 per year, which is below the national average. The median age in Lake Andes is 30.1 years.
Housing in Lake Andes has a median home value of $46,700 and median monthly rent of $743. Of the 304 total housing units, the majority are owner-occupied, with 156 owner-occupied and 70 renter-occupied units.
The unemployment rate in Lake Andes is 7.0% and the poverty rate is 34.6%. 23.3% of residents hold a bachelor's degree or higher. The average commute time is 16 minutes.
How Lake Andes Ranks in South Dakota
Cost of Living in Lake Andes, SD
Compared to national averages, Lake Andes has a median household income of $45,714 (39% below the national median of $75,149). Home values average $46,700, which is 81% below the national median. Monthly rent at $743 is 36% below the US average of $1,163. Within South Dakota, Lake Andes's income is 29% below the state average of $64,650, and home values are 68% below the state median of $143,757.
Why Live in Lake Andes, SD?
Lake Andes offers affordable housing with a median home value of $46,700, below the US average of $244,900, and rent that’s lower than the national average at $743/month, and short commute times averaging just 16 minutes.
Potential considerations include median household income ($45,714) that falls below the national average. However, Lake Andes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Andes has a population of 934 with a median age of 30.1 years. Compare Lake Andes with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Lake Andes
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eureka | 946 | $34,167 | $69,800 | Compare |
| Piedmont | 956 | $52,730 | $290,100 | Compare |
| Agency Village | 911 | $47,569 | $204,200 | Compare |
| Valley Springs | 967 | $97,031 | $178,900 | Compare |
| Elkton | 971 | $58,750 | $183,800 | Compare |
| De Smet | 974 | $60,139 | $155,900 | Compare |
| Mina | 888 | $102,969 | $448,600 | Compare |
| Lake Madison | 885 | $116,648 | $496,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in South Dakota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lake Andes
What is the population of Lake Andes, SD?
The population of Lake Andes, SD is 934 according to the latest Census data.
What is the median household income in Lake Andes?
The median household income in Lake Andes, SD is $45,714 per year.
What is the median home value in Lake Andes?
The median home value in Lake Andes, SD is $46,700.
What is the average rent in Lake Andes?
The median monthly rent in Lake Andes, SD is $743.
What is the unemployment rate in Lake Andes?
The unemployment rate in Lake Andes, SD is 7.0%.