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The total population of Lake Preston is estimated to be 548 with 267 males (48.72%) and 281 females (51.28%). There are 14 more females than males in Lake Preston.
The median household income in Lake Preston was $58,045 in 2021, which marked an a decrease of 195(0.33%) from $58,240 in 2020. This income is 77.80% 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 Preston sees its highest median household income among householders in the age group of 45 to 64 years old, at $62,152. Overall, the median household income for the city of Lake Preston stands at $58,045.
In Lake Preston, the median income for all workers aged 15 years and older, regardless of work hours, was $32,292 for males and $24,321 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,074 for males and $42,271 for females.
In Lake Preston, population is primarily represented by White households, reporting a median income of $58,893.
In 2022, the population of Lake Preston was 606, a 3.59% increase year-by-year from 2021. Previously, in 2021, Lake Preston's population was 585, a decline of 0.68% compared to a population of 589 in 2020.
The median age in Lake Preston, SD is 44.9, as per 2021 ACS 5-Year Estimates. Of the total population, 14.23% were under the age of 15, 23.54% aged 15 to 29, 39.05% aged 30 to 64, 16.97% aged 65 to 84, and 6.20% were 85 years of age and older.
Racial distribution of Lake Preston population: 76.28% are White, 2.55% are American Indian and Alaska Native, 0.73% are Asian and 20.44% are multiracial.