What is the median household income in Lake Township (Codington County), SD?
The median household income in Lake Township (Codington County), SD is $106,830 (±$23,163) a year (2020–2024 American Community Survey).
In Lake Township (Codington County), the median household income went from $86,080 in 2015–2019 to $106,830 in 2020–2024 (+24.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $106,830 (±$23,163)
Income in Lake Township (Codington County) against Codington County, its state and the nation
| Lake Township (Codington County) | Codington County | South Dakota | United States | |
|---|---|---|---|---|
| Median household income | $106,830 (±$23,163) | $72,727 (±$4,778) | $75,081 (±$888) | $80,734 |
| Median renter household income | — | $45,702 (±$2,161) | $45,599 (±$1,257) | $52,966 |
| Median owner household income | $106,830 (±$23,163) | $87,411 (±$3,865) | $92,702 (±$1,158) | $100,009 |
| Median gross rent | — | $938 (±$46) | $946 (±$11) | $1,413 |
In Lake Township (Codington County), median household income is higher than in Codington County ($72,727).
It is also higher than in South Dakota ($75,081).
It is higher than the national figure ($80,734).
In Codington County, Lake Township (Codington County) ranks 4 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 216 of 773.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $86,080 (±$78,343) | $106,830 (±$23,163) | +24.1% | No measurable change after inflation |
| Median home value | $280,200 (±$15,161) | $349,600 (±$27,858) | +24.8% | 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.
Median household income in places near Lake Township (Codington County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lake Township (Codington County) | — | $106,830 (±$23,163) | — |
| Watertown | 3.3 mi | $69,600 (±$6,806) | Lower |
| Elmira Township | 5.0 mi | $109,167 (±$36,224) | Not measurably different |
| Fuller Township | 6.9 mi | $125,833 (±$27,934) | Not measurably different |
| Pelican Township | 8.3 mi | $98,977 (±$36,696) | Not measurably different |
| Sheridan Township | 9.3 mi | $107,500 (±$41,917) | Not measurably different |
| Florence | 11 mi | $75,909 (±$8,552) | Lower |
| Kampeska Township | 11 mi | $92,639 (±$20,886) | Not measurably different |
| Waverly Township (Codington County) | 11 mi | $89,583 (±$43,747) | Not measurably different |
Nearby places with a measurably lower figure: Watertown, SD ($69,600), Florence, SD ($75,909).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Codington County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Fuller Township | $125,833 (±$27,934) |
| 2 | Elmira Township | $109,167 (±$36,224) |
| 3 | Sheridan Township | $107,500 (±$41,917) |
| 4 | Lake Township (Codington County) | $106,830 (±$23,163) |
| 5 | Pelican Township | $98,977 (±$36,696) |
| 6 | Kampeska Township | $92,639 (±$20,886) |
| 7 | Waverly Township (Codington County) | $89,583 (±$43,747) |
| 8 | Kranzburg Township | $80,625 (±$27,778) |
| 9 | Florence | $75,909 (±$8,552) |
| 10 | Dexter Township | $75,750 (±$11,370) |
Showing 10 of 16 places in Codington 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.
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Questions about Lake Township (Codington County)
What is the median household income in Lake Township (Codington County)?
The median household income in Lake Township (Codington County) is $106,830 (±$23,163) a year (2020–2024 American Community Survey).
Have incomes in Lake Township (Codington County) kept up with inflation?
In Lake Township (Codington County), the median household income went from $86,080 in 2015–2019 to $106,830 in 2020–2024 (+24.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake township, Codington County, South Dakota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake township, Codington County, South Dakota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake township, Codington County, South Dakota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake township, Codington County, South Dakota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake township, Codington County, South Dakota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake township, Codington County, 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 township, Codington County, South Dakota (county subdivision:34860, in state:46 county:029).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 Township (Codington County) at a glance
- Home values in Lake Township (Codington County)
- Homeowner costs in Lake Township (Codington County)
- Property taxes in Lake Township (Codington County)
- Types of homes in Lake Township (Codington County)
- Age of homes in Lake Township (Codington County)
- Heating fuel in Lake Township (Codington County)
- Commute and cars in Lake Township (Codington County)
- South Dakota landlord and tenant rules
- Housing across Codington County
- South Dakota places ranked by median household income
- Housing data for every place in South Dakota