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Riverside Colony

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

Median Home$237,800
Median Rent$681/month
Population72
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance11% construction
Home Value Growth⬆⬆⬆+24.0% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners89% of occupied units
Riverside Colony
SD

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

Frequently Asked Questions

What are today's mortgage rates in Riverside Colony?

As of today, the 30-year fixed mortgage rate for Riverside 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 Riverside Colony?

The median home value in Riverside Colony is $238k. The median monthly rent is $681. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Riverside Colony?

Home values in Riverside Colony have increased 24.0% 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 Riverside Colony?

Based on a typical all-in ownership cost of $920/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Riverside Colony is $76k/year.

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What industries drive the economy in Riverside Colony?

The largest employment sectors in Riverside Colony are public administration (21%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.