Living in Timber Lake, South Dakota
Cost of living, income, home prices, rent and demographics of Timber Lake · Census data 2020–2024
Timber Lake has 779 residents with a median age of 23.8. The median household income is $60,694 (19% lower than the South Dakota median), the median home value is $81,400, the median rent is $546/month.
Timber Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Timber Lake at a glance
- Population
- 779
- Median age
- 23.8State: 38
- Median household income
- $60,694State: $75,081
- Median home value
- $81,400State: $257,400
- Median rent
- $546/moState: $946
- Homeowners
- 63.5%
- Bachelor's degree or higher
- 22.9%
- Average commute
- 30 min
Is Timber Lake a good place to live?
Pros: Home values 68% lower than the state median.
Cons: Median household income 19% lower than the South Dakota median; an average commute of 30 minutes; unemployment of 6.1%; a poverty rate of 15.8%.
The weather is best in June to September.
Cost of living in Timber Lake
Housing is the biggest part of the cost of living. In Timber Lake the median home value is $81,400, 76% lower than the U.S. median. Renters pay a median of $546 per month, which is 17.3% of household income. Homeowners with a mortgage pay $1,167 a month in housing costs.
Timber Lake median household income
The median household income in Timber Lake is $60,694 and the income per person is $25,919. 15.8% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Timber Lake: homes for sale and rent
- Housing units
- 306
- Owner-occupied
- 63.5%
- Renter-occupied
- 36.5%
- Vacant
- 13.1%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.83
Timber Lake demographics
- Population
- 779
- Median age
- 23.8
- Under 18
- 42.6%
- 65 and older
- 6.8%
- Households
- 266
- Foreign-born
- 1.2%
- Veterans
- 4%Adults 18+
Hispanic or Latino can be of any race. Population history of Timber Lake ›
Education in Timber Lake
22.9% of adults 25 and older in Timber Lake have a bachelor's degree or higher (South Dakota: 31.9%), and 12.5% have a graduate or professional degree.
Jobs and commute in Timber Lake
- Unemployment rate
- 6.1%State: 2.9%
- Average commute
- 30 minState: 18 min
- Work from home
- 8.7%
- Drive alone
- 75.3%
- Public transit
- 1%
- Walk to work
- 7.6%
- Homes with broadband
- 86.5%
Timber Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Timber Lake | 779 | $60,694 | $81,400 | $546 |
| Whitehorse | 162 | $59,250 | — | $616 |
| Isabel | 214 | $68,750 | $48,200 | $818 |
| Little Eagle | 275 | $23,750 | — | $243 |
| Bullhead | 294 | $32,589 | — | $592 |
| North Eagle Butte | 1,481 | $34,358 | $33,100 | $727 |
| McLaughlin | 683 | $62,159 | $62,400 | $923 |
| La Plant | 240 | $18,654 | — | $463 |
| Wakpala | 144 | $20,938 | $62,500 | $450 |
More for people moving to Timber Lake
Timber Lake ZIP code ›Weather and climate ›Living in Timber Lake: FAQ
What is the median household income in Timber Lake, SD?
The median household income in Timber Lake is $60,694, 19% lower than the South Dakota median of $75,081 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Timber Lake?
The median home value in Timber Lake is $81,400, compared with $257,400 in South Dakota.
How much is rent in Timber Lake?
The median gross rent in Timber Lake is $546 per month, about 17.3% of household income.
Is Timber Lake, SD a good place to live?
Pluses: home values 68% lower than the state median. Minuses: median household income 19% lower than the South Dakota median; an average commute of 30 minutes; unemployment of 6.1%; a poverty rate of 15.8%.
What is the median age in Timber Lake?
The median age in Timber Lake is 23.8 years (South Dakota: 38).
How long is the commute in Timber Lake?
The average commute to work in Timber Lake is 30 minutes; 8.7% of workers work from home.
What is the unemployment rate in Timber Lake?
The unemployment rate in Timber Lake is 6.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Timber Lake?
22.9% of adults in Timber Lake have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: