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Clearfield Colony

Learn about the people, housing, costs and businesses in Clearfield Colony, South Dakota

Median Home$150,500
Median Rent$678/month
Population106
Leading IndustriesPublic Administration · Healthcare · Wholesale Trade33% public administration
Home Value Growth⬆⬆+17.0% over 2 years
Family-Friendly34% of residentstop 1% nationally
Homeowners65% of occupied units
NotableAffordable Market$151k median home · lower cost than 74% of the country
Clearfield Colony
SD

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Clearfield Colony?

As of today, the 30-year fixed mortgage rate for Clearfield Colony is approximately 7.014% (7.054% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Clearfield Colony?

The median home value in Clearfield Colony is $151k. The median monthly rent is $678. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clearfield Colony?

Home values in Clearfield Colony have increased 17.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Clearfield Colony?

Based on a typical all-in ownership cost of $684/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clearfield Colony is $61k/year.

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What industries drive the economy in Clearfield Colony?

The largest employment sectors in Clearfield Colony are public administration (33%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.