The structural, physicochemical, and functional characteristics of total dietary fiber (TDF), insoluble dietary fiber (IDF), and soluble dietary fiber (SDF) isolated from potato residues were investigated. Potato dietary fiber consisted of IDF (73.18 g/100 g) and SDF (19.60 g/100 g); the main components were cellulose (42.93%) and pectin (27.82%), while lignin content was the lowest (5.74 g/100 g). The SDF contained much more rhamnose and galacturonic acid, whereas the major monosaccharide in IDF was glucose. The hydration properties of TDF, IDF, and SDF were increased with the increasing of temperature and pH, while negatively related to NaCl concentration. Furthermore, SDF exhibited more porous structure in the surface, thereby exhibiting better glucose absorption ability, α-amylase activity inhibition ratio, and cholesterol absorption ability compared with TDF and IDF. Overall, the TDF, IDF, and SDF from potato residues could be used as new functional additive in food industry according to their nature. Highlights 1. Potato residues have higher content of dietary fibers and no gluten.