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Rustic Acres Colony

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

Median Home$410,000
Median Rent$821/month
Population123
Leading IndustriesTransportation · Information & Media · Construction6% transportation
Home Value Growth⬆⬆⬆+40.4% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners89% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
NotableHigh Incomes$106k/year · top 14% nationally
Rustic Acres Colony
SD

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Frequently Asked Questions

What are today's mortgage rates in Rustic Acres Colony?

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

The median home value in Rustic Acres Colony is $410k. The median monthly rent is $821. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rustic Acres Colony?

Home values in Rustic Acres Colony have increased 40.4% 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 Rustic Acres Colony?

Based on a typical all-in ownership cost of $1,167/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rustic Acres Colony is $106k/year.

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What industries drive the economy in Rustic Acres Colony?

The largest employment sectors in Rustic Acres Colony are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.