Lake County, South Dakota has a 2026 one-unit conforming loan limit of $832,750, which is 3.4 times the county's median home value of $247,600, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $76,808 (FHFA; Census ACS 2020–2024).
Data as of 2026. Source: FHFA 2026 conforming loan limits; U.S. Census Bureau ACS 2020–2024
| Item | Value |
|---|---|
| 1-unit limit (2026) | $832,750 |
| 2-unit limit | $1,066,250 |
| 3-unit limit | $1,288,800 |
| 4-unit limit | $1,601,750 |
| Median home value (ACS 2020–24) | $247,600 |
| South Dakota median home value | $257,400 |
| Limit ÷ median home value | 3.36× |
| Median household income | $76,808 |
| Median home value ÷ income | 3.2× |
| Population | 10,972 |
| Median property tax paid (owners) | $2,546 |
| Effective property tax rate (approx.) | 1.03% |
| Owner-occupied homes | 73.8% |
| Home value rank in South Dakota | 9 of 66 counties |
| Neighbor: Brookings County, SD | limit $832,750; median home $264,600 |
| Neighbor: Kingsbury County, SD | limit $832,750; median home $169,500 |
| Neighbor: Mccook County, SD | limit $832,750; median home $230,100 |
| Neighbor: Miner County, SD | limit $832,750; median home $142,600 |
| Neighbor: Minnehaha County, SD | limit $832,750; median home $287,600 |
| Neighbor: Moody County, SD | limit $832,750; median home $226,500 |
Across South Dakota's 66 counties, FHFA's 2026 one-unit limits are $832,750 everywhere. Lake County's median home value is 4% below the state median of $257,400 (rank 9 of 66). Among its 6 neighboring counties, Minnehaha County has the highest median home value ($287,600) and Miner County the lowest ($142,600); all share the same loan limit. Owners pay a median $2,546 a year in property tax, an effective rate of about 1.03% of home value.
County data: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (tables B25077, B19013, B01003, B25103, B25003). Neighbors: Census county adjacency file.
Related
- 2026 conforming loan limit: Lake County, MT
- 2026 conforming loan limit: Lake County, OH
- 2026 conforming loan limit: Lake County, OR
- 2026 conforming loan limit: Lake County, TN
- 2026 conforming loan limit: Lake Of The Woods County, MN
- 2026 conforming loan limit: Lamar County, AL
- 2026 conforming loan limit: Lamar County, GA
- 2026 conforming loan limit: Lamar County, MS
Last updated 2026-10-16. Data only, not financial or tax advice.