South Dakota / County

Moving to Oakwood Lake, SD

Thinking of making a move to Oakwood Lake, SD? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Oakwood Lake, SD

Considering a move to Oakwood Lake, SD? This welcoming community of 1,150 residents offers a blend of suburban charm and convenience, with median home prices around $248,000 and average rents near $1,050. Commute times average 19 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (68% annually), ideal for families and commuters alike. Explore Oakwood Lake's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Oakwood Lake, SD

Oakwood Lake has a population of 1,150 residents, offering a diverse community with a median age of nearly 42 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 87% White, 1% Black, and 1% Asian residents, and over 7% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,150
Density
420 per sq mi
Median Age
41.8
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
6.8%

Ethnic Composition

White
86.5%
Black
1.2%
Asian
0.8%
Others
11.5%

Cost Of Living

What is the average cost of living in Oakwood Lake, SD?

The cost of living in Oakwood Lake is higher than the national average, with a cost of living index of 92.4. Median home values are around $248,000 and average rents for a two-bedroom apartment are approximately $1,050. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$248,000
Gross Rent
$1,050
Monthly Electricity Charges
$128
Auto Insurance
$1,420
House Owner Cost With Mortgage
$1,620
House Owner Cost Without Mortgage
$540
State Taxes
Low: 0.0%| High: 5.5%
Cost Of Living Index
92.4
Grocery
94.8
Housing
88.6
Utilities
101.2
Transportation
89.7
Health Care
96.5
Miscellaneous
91.0

Crime

Is Oakwood Lake, SD a safe place to live?

Oakwood Lake is considered a safe community, with a low violent crime rate of 175 incidents per 100,000 residents and a property crime chance of 1 in 85. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in South Dakota.

Violent Crimes Per 100k
175
Property Crimes Per 100k
1,180
Crime Index
1,355
Chance Of Violent Crime
1 in 571
Chance Of Property Crime
1 in 85

Weather

What is the weather like in Oakwood Lake, SD year-round?

Oakwood Lake experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 10°F. The area receives about 24 inches of rainfall annually and enjoys sunshine on 68% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
10°F
Max
29°F

Summer

Min
59°F
Max
84°F

Spring

Min
34°F
Max
64°F

Fall

Min
37°F
Max
68°F
Average Rainfall Inches
23.6 inches
Sunny Days Percentage
68%

Neighbors

The neighborhood boasts a healthy median household income of $74,200 and a low poverty rate of 11.4%. Over 91% of residents have at least a high school diploma, and nearly 28% hold a bachelor's degree or higher. Commute times average 19 minutes, and almost 2% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$38,500
Household Income
$74,200
Family Income
$86,100
Per Capita Income
$33,400
Income Male
$41,800
Income Female
$31,900
Poverty Rate
11.4%
Non English Speakers
9.1%
Rent
$1,050
Unemployment Rate
2.9%
Public Transport Usage
1.8%
Commute Time
18.7 minutes

Education

High School or Higher
91.4%
Bachelors or More
27.8%

Education

How are the schools in Oakwood Lake, SD?

Oakwood Lake offers quality education options, with public schools like Oakwood Lake Elementary School and Oakwood Lake Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Lake Area Technical College and University of South Dakota. The community is committed to educational excellence for all age groups.

Public Schools

Name
Oakwood Lake Elementary School
Street
120 Lakeview Dr
Phone
605-555-0142
Students
185
Student Teacher Ratio
12.8
Name
Oakwood Lake Middle School
Street
214 Prairie Ave
Phone
605-555-0187
Students
140
Student Teacher Ratio
13.6

Private Schools

Name
St. Mary Catholic School
Street
308 Maple St
Phone
605-555-0119
Students
82

Colleges

Name
Lake Area Technical College
City
Watertown
State
SD
Distance
58 miles
Students
2,200
Name
University of South Dakota
City
Vermillion
State
SD
Distance
142 miles
Students
9,700

Healthcare

Oakwood Lake residents have access to quality healthcare, with major hospitals like Avera McKennan Hospital & University Health Center and Sanford USD Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.9 per 1,000 people and 92.1% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Avera McKennan Hospital & University Health Center
Address
1325 S Cliff Ave, Sioux Falls, SD 57105
Phone
(605) 322-8000
Type
General & Surgical
Emergency Services
Yes
Name
Sanford USD Medical Center
Address
1305 W 18th St, Sioux Falls, SD 57117
Phone
(605) 333-1000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.9
Health Insurance Coverage
92.1%
Health Care Index
68.4

Housing Market

What is the housing market like in Oakwood Lake, SD?

The local housing market is strong, with a median home price of $248,000 and an owner-occupied rate of nearly 75%. The market has seen a 3.9% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Oakwood Lake offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$248,000
Average Rent For 2 Bedroom
$1,050
Owner Occupied Rate
74.6%
Rental Vacancy Rate
7.1%
Home Appreciation Rate (1yr)
3.9%
New Construction Rate
1.4%
Foreclosure Rate
0.4%

DMV Information

Residents of Oakwood Lake handle vehicle services through the South Dakota Driver Licensing Program, conveniently located in Pierre. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
South Dakota
Department
South Dakota Driver Licensing Program
Address
118 W Capitol Ave, Pierre, SD 57501
Phone
1-605-773-3541

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.

FAQs About Moving to Oakwood Lake, SD

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Oakwood Lake, review the core fields on this page: population 1,150, median home value $248,000, average rent for 2 bedroom $1,050, commute time 18.7 minutes, and sunny days percentage 68%.

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