County profile
Lake County, SD
United States · GDP 2024
#1896 of 3,127 US counties by GDP47th-percentile growthmore diversified than 48% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$934.4M
BEA · 2024
GDP growth (YoY)
+4.1%
BEA · 2024
Jobs tracked
3,907
Census CBP · 2023
Employers
339
Census CBP · 2023
Avg. wage
$54.1k
BLS QCEW · 2023
Population
10,993
Census PEP · 2025
Labor, income & education
Unemployment
1.8%
Median HH income
$76.8k±$7.3k
Bachelor's degree+
34.6%±4.0%
Poverty rate
8.4%±2.4%
Business applications
109 · 2025
Retail establishments
42
38.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Lake Area Corn Processors, LLCBasic Materials$280.4M——HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Manufacturing34%
Health care18%
Food & accommodation16%
Retail trade15%
Wholesale trade8%
Professional services8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
10,993
residents · 2025 · -0.2% since 2020
Income per capita $103.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−74
International migration+54
Natural change+3
GDP trend
2019–2024 · nominal
$595.8M2019
$609.5M2020
$699.5M2021
$804.4M2022
$897.5M2023
$934.4M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$247.6k±$21.4k
Median gross rent
$947/mo±$88/mo
Vacancy rate
18.6%±2.9%
Affordability
4.6× wages
Residential permits
$19.9M
86 units · 7.8/1k pop
FEMA risk score
32.6
HUD Fair Market Rent (2BR):$970/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 83Ice storm 78Tornado 73
FHFA HOUSE PRICE INDEX · 2016–2025
2252016
2332017
2562018
2652019
2742020
3062021
3502022
3982023
4152024
4372025
RESIDENTIAL PERMITS · 2021–2025
↑ 28% since 2021672021
632022
482023
302024
862025
Transport access
BTS · FAA · USACE
Nearest interstate
29.6 km
I-29
Nearest freight rail
2.2 km
BNSF
Nearest port
186.3 km
BIG SOO TERMINAL DOCK
Nearest commercial airport
57.9 km
JOE FOSS FLD
Filing activity
SEC EDGARWage trend
BLS QCEW · 2019–2023$54.1k
avg. annual pay · +26% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Lake?
Lake's economy produced $934.4M in 2024, growing 4.1% year over year — about the middle of the pack among US counties. Its largest employment sector is manufacturing.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.