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The total population of Timber Lake is estimated to be 627 with 312 males (49.76%) and 315 females (50.24%). There are 3 more females than males in Timber Lake.
The median household income in Timber Lake was $55,397 in 2021, which marked an a decrease of 2,441(4.22%) from $57,838 in 2020. This income is 74.25% 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, Timber Lake sees its highest median household income among householders in the age group of 25 to 44 years old, at $82,420. Overall, the median household income for the city of Timber Lake stands at $55,397.
In Timber Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $35,354 for males and $28,416 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,905 for males and $28,933 for females.
In Timber Lake, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $93,904, followed by White households at $59,150, and American Indian and Alaska Native households with a median household income of $41,210.
In 2022, the population of Timber Lake was 503, a 1.57% decrease year-by-year from 2021. Previously, in 2021, Timber Lake's population was 511, a decline of 0.20% compared to a population of 512 in 2020.
The median age in Timber Lake, SD is 32.0, as per 2021 ACS 5-Year Estimates. Of the total population, 25.91% were under the age of 15, 21.24% aged 15 to 29, 41.62% aged 30 to 64, 10.71% aged 65 to 84, and 0.52% were 85 years of age and older.
Racial distribution of Timber Lake population: 49.91% are White, 0.86% are Black or African American, 43.18% are American Indian and Alaska Native, 0.52% are Asian, 2.07% are some other race and 3.45% are multiracial.