Lake Preston, SD

View of Lake Preston, SD
Population
605
U.S. Census Population Estimates Program · 2025
Elevation
1,721 ft
USGS GNIS community points and 3DEP elevation · GNIS 2026-07-06; USGS 3DEP sampled 2026-07-23
Median Home Value
$130,000
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$615/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$52,396
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Lake Preston

Lake Preston is a quiet, welcoming town in east-central South Dakota, surrounded by open farmland and great fishing spots. Founded in the 1880s along what is now Highway 14, the community has held onto its relaxed prairie pace for generations. With its namesake lake right nearby and larger waters like Lake Thompson just down the road, it is an easy place to settle into if you enjoy boating, hunting, and spending time outdoors.

Day-to-day life here revolves around a close-knit community and a single K-12 school district, where small class sizes mean kids get plenty of personal attention. Local spots like the Dorothee Pike Memorial Library serve as friendly hubs for story hours, book clubs, and community gatherings. When you need bigger-city shopping, healthcare, or dining, Brookings is an easy drive down the highway, giving residents a peaceful rural home base with regional amenities close at hand.

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