What percentage of people rent in Lake Norden, SD?
32.9% (±12.8 points) of the occupied homes in Lake Norden, SD are rented (2020–2024 American Community Survey).
That is 93 renting households against 190 that own their home.
In Lake Norden, the share of households that rent went from 30.9% in 2015–2019 to 32.9% in 2020–2024 (+2.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 32.9% (±12.8 points)
- Renting households
- 93 (±44)
- Median renter income
- $63,487 (±$2,845)
Who rents and who owns in Lake Norden
| Lake Norden | Hamlin County | South Dakota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 32.9% (±12.8 points) | 18.0% (±2.8 points) | 31.4% (±0.5 points) | 34.8% |
| Renting households | 93 (±44) | 395 (±74) | 114,923 (±1,973) | 45,017,354 |
| Owning households | 190 (±50) | 1,799 (±82) | 250,621 (±2,208) | 84,210,142 |
| Average renter household size | 3.0 (±0.6) | 2.3 (±0.3) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.8) | 2.9 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $63,487 (±$2,845) | $55,066 (±$15,562) | $45,599 (±$1,257) | $52,966 |
| Median owner household income | $93,333 (±$36,171) | $92,008 (±$5,636) | $92,702 (±$1,158) | $100,009 |
In Lake Norden, the renter share is higher than in Hamlin County (18.0%).
It is not measurably different from South Dakota (31.4%).
It is not measurably different from the national figure (34.8%).
In Hamlin County, Lake Norden ranks 3 of 19 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 214 of 1,152.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lake Norden has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 30.9% (±11.1 points) | 32.9% (±12.8 points) | +2.0 percentage points | Not a measurable change |
| Median gross rent | $720 (±$175) | $1,089 (±$83) | +51.2% | No measurable change after inflation |
| Median household income | $64,423 (±$13,271) | $75,688 (±$7,496) | +17.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Lake Norden
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake Norden | — | 32.9% (±12.8 points) | — |
| Norden Township (Hamlin County) | 2.7 mi | 0.0% (±14.7 points) | Lower |
| Cleveland Township (Hamlin County) | 4.9 mi | 0.0% (±27.4 points) | Lower |
| Hayti | 5.5 mi | 40.2% (±14.9 points) | Not measurably different |
| Badger Township (Kingsbury County) | 6.0 mi | 0.0% (±24.1 points) | Lower |
| Badger | 6.5 mi | 3.3% (±4.8 points) | Lower |
| Hayti Township | 7.1 mi | 0.0% (±47.5 points) | Not measurably different |
| Laketon Township | 7.4 mi | 0.0% (±23.3 points) | Lower |
| Opdahl Township | 8.6 mi | 47.2% (±40.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Norden Township (Hamlin County), SD (0.0%), Cleveland Township (Hamlin County), SD (0.0%), Badger Township (Kingsbury County), SD (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Hamlin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Opdahl Township | 47.2% (±40.3 points) |
| 2 | Hayti | 40.2% (±14.9 points) |
| 3 | Lake Norden | 32.9% (±12.8 points) |
| 4 | Bryant | 27.4% (±11.0 points) |
| 5 | Oxford Township | 21.3% (±19.5 points) |
| 6 | Estelline | 17.8% (±7.6 points) |
| 7 | Castlewood | 17.5% (±7.2 points) |
| 8 | Castlewood Township | 15.6% (±13.7 points) |
| 9 | Hamlin Township | 5.1% (±7.7 points) |
Showing 9 of 19 places in Hamlin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lake Norden
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Questions about Lake Norden
How many renters are there in Lake Norden?
Lake Norden has an estimated 93 (±44) renting households, 32.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lake Norden?
In Lake Norden, the share of households that rent went from 30.9% in 2015–2019 to 32.9% in 2020–2024 (+2.0 percentage points), not a measurable change.
How big are renting households in Lake Norden?
A renting household in Lake Norden has 3.0 people on average, against 3.0 in an owned home.
How much do renters earn in Lake Norden?
The median renting household in Lake Norden, SD has an income of $63,487 (±$2,845) a year, against $93,333 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Norden city, South Dakota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Norden city, South Dakota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Norden city, South Dakota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Norden city, South Dakota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Norden city, South Dakota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Norden city, South Dakota (place:35460, in state:46).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Norden at a glance
- Income and affordability in Lake Norden
- Home values in Lake Norden
- Homeowner costs in Lake Norden
- Property taxes in Lake Norden
- Types of homes in Lake Norden
- Bedrooms in Lake Norden
- Age of homes in Lake Norden
- Heating fuel in Lake Norden
- Commute and cars in Lake Norden
- How long people stay in Lake Norden
- South Dakota landlord and tenant rules
- Housing across Hamlin County
- South Dakota places ranked by share of renters
- Housing data for every place in South Dakota