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Millerdale Colony

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

Median Home$162,100
Population132
Leading IndustriesAgriculture & Mining · Construction · Transportation42% agriculture & mining
Home Value Growth+5.9% over 2 years
Family-Friendly28% of residentswell above average
Homeowners67% of occupied units
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
NotableHigh Incomes$97k/year · top 19% nationally
Millerdale Colony
SD

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Frequently Asked Questions

What are today's mortgage rates in Millerdale Colony?

As of today, the 30-year fixed mortgage rate for Millerdale Colony is approximately 6.991% (7.030% 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 Millerdale Colony?

The median home value in Millerdale Colony is $162k. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Millerdale Colony?

Home values in Millerdale Colony have increased 5.9% over the past two years. This represents moderate growth. 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 Millerdale Colony?

Based on a typical all-in ownership cost of $802/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 Millerdale Colony is $97k/year.

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What industries drive the economy in Millerdale Colony?

The largest employment sectors in Millerdale Colony are agriculture and mining (42%) and construction (42%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.