Everything You Should Know Before Moving to Oakwood Lake, SD
Thinking of moving to Oakwood Lake, SD? With a close-knit population of just 65, this lakeside community offers quiet living and affordable housing—median home prices hover around $210,000 and average rents are about $900. Residents enjoy a low crime rate, short average commutes of under 20 minutes, and easy access to outdoor recreation. The area features solid public schools, a low cost of living, and a peaceful rural climate with four distinct seasons. If you’re seeking scenic beauty and small-town charm, Oakwood Lake is a welcoming choice.
Demographics - Oakwood Lake, SD
Demographics - Oakwood Lake, SD
Oakwood Lake is a small, close-knit community with just 65 residents and a median age of 49.2, reflecting a mature population. The area is predominantly White, and the gender balance is nearly equal. Its low population density offers a peaceful, spacious environment ideal for those seeking tranquility.
Population:
65
Density:
45 per sq mi
Median Age:
49.2
Gender Ratio:
102 males per 100 females
Non-English Speakers Percentage:
3.0%
Ethnic Composition
White:
97.5%
Black:
0.0%
Asian:
0.0%
Others:
2.5%
Cost Of Living
What is the average cost of living in Oakwood Lake, SD?
Living in Oakwood Lake is affordable, with a median home value of $210,000 and average rents around $900. Overall expenses are lower than the national average, as reflected in a cost of living index of 88.5. Residents benefit from low utility costs and no state income tax, making it an attractive option for budget-conscious movers.
Median House Value:
$210,000
Gross Rent:
$900
Monthly Electricity Charges:
$115
Auto Insurance:
$1,150
House Owner Cost With Mortgage:
$1,120
House Owner Cost Without Mortgage:
$390
State Taxes:
Low:
0.0%
|
High:
0.0%
Cost Of Living Index:
88.5
Grocery:
94.0
Housing:
67.0
Utilities:
91.0
Transportation:
93.0
Health Care:
96.0
Miscellaneous:
94.5
Crime
Is Oakwood Lake, SD a safe place to live?
Oakwood Lake experiences low crime, with violent crime rates significantly below the national average and property crime remaining rare. The chance of encountering a violent crime is about 1 in 910, contributing to a strong sense of safety. The small-town atmosphere fosters a secure, neighborly environment.
Violent Crimes Per 100k:
110
Property Crimes Per 100k:
950
Crime Index:
1,060
Chance Of Violent Crime:
1 in 910
Chance Of Property Crime:
1 in 105
Weather
What is the weather like in Oakwood Lake, SD year-round?
Residents enjoy four distinct seasons, with warm summers reaching highs of 80°F and cold winters dipping to 6°F. The area receives about 24.5 inches of rainfall annually and enjoys 61% sunny days, making it great for those who appreciate variety in climate. Outdoor enthusiasts will find plenty of opportunities to enjoy the changing weather.
Winter
Min:
6°F
Max:
25°F
Spring
Min:
35°F
Max:
61°F
Summer
Min:
58°F
Max:
80°F
Fall
Min:
36°F
Max:
60°F
Average Rainfall Inches:
24.5 inches
Sunny Days Percentage:
61%
Neighbors
The local community in Oakwood Lake enjoys a median household income of $62,500 and a low poverty rate of 6.5%. Most adults have at least a high school diploma, while commute times average just under 20 minutes. The area is quiet, with little use of public transportation and a strong sense of neighborly connection.
Median Income:
$34,000
Household Income:
$62,500
Family Income:
$75,000
Per Capita Income:
$29,700
Income Male:
$38,000
Income Female:
$26,000
Poverty Rate:
6.5%
Non English Speakers:
3.0%
Rent:
$900
Unemployment Rate:
3.1%
Public Transport Usage:
0.0%
Commute Time:
19.8 minutes
Education
High School or Higher:
94.2%
Bachelors or More:
23.5%
Education
How are the schools in Oakwood Lake, SD?
Families in Oakwood Lake benefit from access to well-rated public schools with low student-teacher ratios, such as Deubrook Elementary and Deubrook High School. For higher education, South Dakota State University is just 12 miles away, offering a wide range of academic opportunities. The strong educational infrastructure supports students from kindergarten through college.
Public Schools
Name:
Deubrook Elementary School
Street:
695 Palisades Ave, Toronto, SD 57268
Phone:
605-794-4134
Students:
180
Student Teacher Ratio:
11.5
Name:
Deubrook High School
Street:
402 4th St, White, SD 57276
Phone:
605-629-1101
Students:
160
Student Teacher Ratio:
11.0
Colleges
Name:
South Dakota State University
City:
Brookings
State:
SD
Distance:
12 miles
Students:
11,500
Healthcare
Healthcare needs in Oakwood Lake are served by nearby Brookings Health System, which provides emergency and surgical services. The town boasts a high health insurance coverage rate of 91.2% and a healthcare index of 71.0, ensuring residents have access to quality care. Physician availability is on par with rural communities, with 1.6 doctors per 1,000 people.
Major Hospitals
Name:
Brookings Health System
Address:
300 22nd Ave, Brookings, SD 57006
Phone:
(605) 696-9000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.6
Health Insurance Coverage:
91.2%
Health Care Index:
71.0
Housing Market
What is the housing market like in Oakwood Lake, SD?
Oakwood Lake's housing market offers affordability and stability, with median home prices at $210,000 and average two-bedroom rents of $900. Homeownership is high, with 82% of residents owning their homes, and property values have appreciated by over 5% in the past year. The market is stable, with low foreclosure and vacancy rates.
Median Home Price:
$210,000
Average Rent For 2 Bedroom:
$900
Owner Occupied Rate:
82.0%
Rental Vacancy Rate:
7.5%
Home Appreciation Rate (1yr):
5.1%
New Construction Rate:
0.4%
Foreclosure Rate:
0.3%
DMV Information
Driver licensing and vehicle services for Oakwood Lake residents are managed by the South Dakota Department of Public Safety, located in Pierre. The DMV provides a user-friendly website and phone support for scheduling and information. Residents can access state resources easily for all their licensing and registration needs.
State:
South Dakota
Department:
South Dakota Department of Public Safety - Driver Licensing
Address:
118 W Capitol Ave, Pierre, SD 57501
Phone:
(605) 773-6883
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.