Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Millbrook Colony

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

Median Home$191,200
Median Rent$782/month
Population98
Leading IndustriesProfessional Services · Public Administration · Wholesale Trade3% professional services
Home Value Growth⬆⬆⬆+25.6% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners91% of occupied units
Millbrook Colony
SD

Explore Millbrook Colony

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

Frequently Asked Questions

What are today's mortgage rates in Millbrook Colony?

As of today, the 30-year fixed mortgage rate for Millbrook Colony is approximately 7.069% (7.111% 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 Millbrook Colony
What is the median home price in Millbrook Colony?

The median home value in Millbrook Colony is $191k. The median monthly rent is $782. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Millbrook Colony?

Home values in Millbrook Colony have increased 25.6% 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 Millbrook Colony?

Based on a typical all-in ownership cost of $956/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Millbrook Colony is $81k/year.

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

The largest employment sectors in Millbrook Colony are public administration (30%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.