Lake Poinsett, SD
Population 413 · South Dakota
About Lake Poinsett, SD
Lake Poinsett is a small community located in South Dakota with a population of 413 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,136 per year, which is 35% above the national median of $75,149. The median age of 58.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Poinsett features a median home value of $446,600, which is 82% above the national median of $244,900. This places Lake Poinsett in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 681 total housing units, 100% are owner-occupied (178 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Poinsett shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Poinsett have an average one-way commute time of 34.2 minutes.
Education & Demographics
43.9% of Lake Poinsett residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 9.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Lake Poinsett Ranks in South Dakota
Cost of Living in Lake Poinsett, SD
Compared to national averages, Lake Poinsett has a median household income of $101,136 (35% above the national median of $75,149). Home values average $446,600, which is 82% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within South Dakota, Lake Poinsett's income is 56% above the state average of $64,650, and home values are 211% above the state median of $143,757.
Why Live in Lake Poinsett, SD?
Lake Poinsett offers a strong local economy with a median household income of $101,136, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 43.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $446,600. However, Lake Poinsett’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Poinsett has a population of 413 with a median age of 58.2 years. Compare Lake Poinsett with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Lake Poinsett
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mountain Plains | 412 | $166,641 | $606,100 | Compare |
| Bison | 419 | $62,273 | $72,300 | Compare |
| Anderson | 406 | $143,705 | $372,300 | Compare |
| Hudson | 405 | $70,000 | $113,500 | Compare |
| Keystone | 404 | $62,159 | $188,800 | Compare |
| White Lake | 423 | $48,906 | $59,300 | Compare |
| Langford | 402 | $74,063 | $105,800 | Compare |
| Iroquois | 425 | $60,750 | $138,500 | 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.
Compare Lake Poinsett With Other Cities
Frequently Asked Questions about Lake Poinsett
What is the population of Lake Poinsett, SD?
The population of Lake Poinsett, SD is 413 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in South Dakota.
What is the median household income in Lake Poinsett?
The median household income in Lake Poinsett, SD is $101,136 per year, which is 35% above the national median of $75,149.
What is the median home value in Lake Poinsett?
The median home value in Lake Poinsett, SD is $446,600, which is 82% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Poinsett?
The median monthly rent in Lake Poinsett, SD is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Poinsett?
The unemployment rate in Lake Poinsett, SD is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Poinsett, SD a good place to live?
Lake Poinsett offers above-average incomes, a competitive housing market, and a strong job market. With a population of 413 and a median age of 58.2, the city appeals to established professionals and retirees.
How educated is Lake Poinsett, SD?
43.9% of residents in Lake Poinsett aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lake Poinsett?
Key cost-of-living indicators for Lake Poinsett, SD: median home value is $446,600 (82% above national), median rent is $0/month, and median household income is $101,136. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Lake Poinsett?
The poverty rate in Lake Poinsett, SD is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Poinsett, SD?
Lake Poinsett's population is 0.0% White, 9.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.