Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Long Lake Colony

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

Median Home$85,600
Median Rent$594/month
Population7
Leading IndustriesPublic Administration · Professional Services · Arts, Food & Hospitality30% public administration
Young Adults48% of residentstop 1% nationally
Homeowners67% of occupied units
NotableAffordable Market$86k median home · lower cost than 96% of the country
NotableHighly Educated28% bachelor's · 16% graduate · top 12% nationally
Long Lake Colony
SD

Explore Long Lake Colony

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

Frequently Asked Questions

What are today's mortgage rates in Long Lake Colony?

As of today, the 30-year fixed mortgage rate for Long Lake Colony is approximately 6.953% (6.991% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Long Lake Colony
What is the median home price in Long Lake Colony?

The median home value in Long Lake Colony is $86k. The median monthly rent is $594. 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 Long Lake Colony?

Based on a typical all-in ownership cost of $601/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Long Lake Colony is $67k/year.

Calculate your buying power
What industries drive the economy in Long Lake Colony?

The largest employment sectors in Long Lake Colony are public administration (30%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.