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Corona

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

Median Home$222,100
Median Rent$713/month
Population72
Leading IndustriesEducation · Wholesale Trade · Construction5% education
Home Value Growth⬆⬆⬆+39.3% over 2 years
Retirees30% of residentswell above average
Homeowners93% of occupied units
Corona
SD

Frequently Asked Questions

What are today's mortgage rates in Corona?

As of today, the 30-year fixed mortgage rate for Corona is approximately 7.040% (7.081% 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 Corona?

The median home value in Corona is $222k. The median monthly rent is $713. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Corona?

Home values in Corona have increased 39.3% 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 Corona?

Based on a typical all-in ownership cost of $788/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Corona is $81k/year.

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What industries drive the economy in Corona?

The largest employment sectors in Corona are public administration (21%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.