Clear Lake, SD Profile: Facts & Data

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Clear Lake, South Dakota - Basic Facts

The City of Clear Lake had a population of 1,225 as of July 1, 2023.

The primary coordinate point for Clear Lake is located at latitude 44.7458 and longitude -96.6826 in Deuel County. The formal boundaries for the City of Clear Lake encompass a land area of 3.07 sq. miles and a water area of 0.18 sq. miles. Deuel County is in the Central time zone (GMT -6).

The City of Clear Lake has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Clear Lake is located within Township of Clear Lake, a minor civil division (MCD) of Deuel County.


Jump to... (On This Page!)
  1. Clear Lake 2023 Demographic Data
  2. Growth Rates for Clear Lake (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. South Dakota Research Tools (Easy Tools & Current Data)
  3. South Dakota Data Comparison Tool - 2023 Demographics
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Clear Lake, SD Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,225 (100%)
Population in Households 1,175 (95.9%)
Population in Families 945 (77.1%)
Population in Group Quarters1 50 ( 4.1%)
Population Density 404
Diversity Index2 13
 
 

INCOME

Median Household Income $70,281
Average Household Income $74,343
% of Income for Mortgage4 13%
Per Capita Income $31,779
Wealth Index5 55
Socioeconomic Status Index6 Moderate (59.4)
 

HOUSING

Total HU (Housing Units) 588 (100%)
Owner Occupied HU 364 (61.9%)
Renter Occupied HU 159 (27.0%)
Vacant Housing Units 65 (11.1%)
Median Home Value $156,863
Average Home Value $167,033
Housing Affordability Index3 176
 

HOUSEHOLDS

Total Households 523
Average Household Size 2.25
Family Households 320
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.18% -0.11%
Households 0.06% -0.08%
Families   -0.19%
Median Household Income   1.72%
Per Capita Income   2.14%
Owner Occupied HU   0.38%

Clear Lake, SD - Peer Comparisons by Rank and Percentile

The table below compares Clear Lake to the other 486 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 63 87th
Population Density # 224 54th
Median Household Income # 167 66th
Housing Affordability Index # 422 87th
Per Capita Income # 294 40th
Diversity Index # 335 31st

Additional comparisons and rankings can be made with a VERY EASY TO USE South Dakota Census Data Comparison Tool.

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