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The total population of Lake Andes is estimated to be 945 with 476 males (50.37%) and 469 females (49.63%). There are 7 less females than males in Lake Andes.
The median household income in Lake Andes was $41,041 in 2021, which marked an a decrease of 333(0.80%) from $41,374 in 2020. This income is 55.01% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake Andes sees its highest median household income among householders in the age group of 45 to 64 years old, at $49,606. Overall, the median household income for the city of Lake Andes stands at $41,041.
In Lake Andes, the median income for all workers aged 15 years and older, regardless of work hours, was $24,996 for males and $19,085 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $35,580 for males and $35,805 for females.
In Lake Andes, there are just two different racial groups among households. Among these, White households report a median household income of $55,397, while Two or More Races households have a median household income of $45,939.
In 2022, the population of Lake Andes was 684, a 0.44% decrease year-by-year from 2021. Previously, in 2021, Lake Andes's population was 687, a decline of 2.55% compared to a population of 705 in 2020.
The median age in Lake Andes, SD is 30.0, as per 2021 ACS 5-Year Estimates. Of the total population, 32.48% were under the age of 15, 17.57% aged 15 to 29, 36.80% aged 30 to 64, 10.60% aged 65 to 84, and 2.55% were 85 years of age and older.
Racial distribution of Lake Andes population: 34.05% are White, 0.79% are Black or African American, 39.45% are American Indian and Alaska Native, 0.20% are Asian and 25.52% are multiracial.