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=== 2020 census === As of the [[census]] of 2020,<ref name="Explore Census Data"/> there were 5,591 people, 1,932 households, residing in the city. The [[population density]] was {{convert|820.0|PD/sqmi|PD/km2|1}}. There were 2,025 housing units at an average density of {{convert|297.79|/mi2|/km2|disp=preunit|units |units|}}. The racial makeup of the city was {{Percentage|5025|5591|2}} [[White (U.S. Census)|White]], {{Percentage|15|5591|2}} [[African American (U.S. Census)|African American]], {{Percentage|55|5591|2}} [[Native American (U.S. Census)|Native American]], {{Percentage|20|5591|2}} [[Asian (U.S. Census)|Asian]], {{Percentage|3|5591|2}} [[Race (U.S. Census)|Pacific Islander]], {{Percentage|182|5591|2}} from [[Race (U.S. Census)|other races]], and {{Percentage|291|5591|2}} from two or more races. [[Hispanic (U.S. Census)|Hispanic]] or [[Latino (U.S. Census)|Latino]] of any race were {{Percentage|444|5591|2}} of the population. There were 1,932 households, of which 38.5% had children under the age of 18 living with them. Of the 1,932 households, 60.1% were [[Marriage|married couple]] households, 21% had a female householder with no spouse present, 14.8% had a male householder with no spouse present, 4.1% had a cohabiting couple household. The average household size was 2.85. The median age in the city was 33.4 years. 33.8% of residents were under the age of 20; 5.7% were between the ages of 20 and 24; 24.3% were from 25 to 44; 20% were from 45 to 64; and 16.2% were 65 years of age or older. The gender makeup of the city was {{Percentage|2775|5591|1}} male and {{Percentage|2816|5591|1}} female. As per the 2021 American Community Survey 5-Year Estimates,<ref>{{Cite web |title=Explore Census Data |url=https://data.census.gov/profile/Preston?g=160XX00US1665260#income-and-poverty |access-date=2023-08-21 |website=data.census.gov}}</ref> the median income was $48,651. The median income for families was $56,799, $59,205 for married-couple families, and $27,264 for non-family households. About 19.8% of the population were below the [[Poverty threshold|poverty line]].
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