Lake Poinsett CDP, SD Profile: Facts & Data

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Lake Poinsett CDP, South Dakota - Basic Facts

The Lake Poinsett Census Designated Place had a population of 525 as of July 1, 2019. Lake Poinsett CDP ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in South Dakota. See peer rankings below.

The primary coordinate point for Lake Poinsett CDP is located at latitude 44.5664 and longitude -97.0798 in Hamlin County. The formal boundaries for the Lake Poinsett Census Designated Place encompass a land area of 5.21 sq. miles and a water area of 12.56 sq. miles.

While the primary coordinates for Lake Poinsett Census Designated Place are located in Hamlin County, it should be noted that the formal boundaries for this community also extend into and Brookings County.

The Lake Poinsett Census Designated Place (GNIS ID: 2584558) has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Lake Poinsett Census Designated Place is located within Township of Norden, a minor civil division (MCD) of Hamlin County.


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  1. Lake Poinsett CDP 2019 Demographic Data
  2. Growth Rates for Lake Poinsett CDP (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 - 2019 Demographics

Lake Poinsett CDP, SD - Most Popular Things to Do

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lake Poinsett CDP, SD Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Lake Poinsett CDP, SD Housing Affordability Index is 225
State of South Dakota Housing Affordability Index is 142
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.

WEALTH INDEX

Lake Poinsett CDP, SD Wealth Index is 98
State of South Dakota Wealth Index is 79
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific South Dakota address.

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POPULATION

Total Population 525
Population in Households 499
Population in Familes 409
Population in Group Qrtrs 26
Population Density 101
Diversity Index1 23
 

INCOME

Median Household Income $60,076
Average Household Income $77,406
Per Capita Income $30,294
Wealth Index3 98

HOUSING

Total Housing Units 742 (100%)
Owner Occupied HU 192 (25.9%)
Renter Occupied HU 45 ( 6.1%)
Vacant Housing Units 506 (68.2%)
Median Home Value $147,222
Housing Affordability Index2 225
 

HOUSEHOLDS

Total Households 236
Average Household Size 2.11
Family Households 159
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.68% 0.64%
Households 0.66% 0.67%
Families -0.33% 0.5%
Median Household Income   1.57%
Per Capita Income   2.11%

Lake Poinsett CDP, SD - Peer Comparisons by Rank and Percentile

The table below compares Lake Poinsett CDP to the other 393 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2019 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 # 141 64th
Population Density # 328 17th
Diversity Index # 108 72nd
Median Household Income # 136 66th
Per Capita Income # 178 55th

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

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