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Collins Colony

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

Median Home$158,400
Median Rent$782/month
Population94
Leading IndustriesConstruction · Agriculture & Mining · Transportation24% construction
Family-Friendly29% of residentswell above average
Homeowners78% of occupied units
NotableAffordable Market$158k median home · lower cost than 70% of the country
Collins Colony
SD

Frequently Asked Questions

What are today's mortgage rates in Collins Colony?

As of today, the 30-year fixed mortgage rate for Collins Colony is approximately 6.998% (7.038% 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 Collins Colony?

The median home value in Collins Colony is $158k. The median monthly rent is $782. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $762/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Collins Colony is $71k/year.

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What industries drive the economy in Collins Colony?

The largest employment sectors in Collins Colony are agriculture and mining (25%) and construction (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.