Colome, SD
Population 397 · South Dakota
About Colome, SD
Colome is a small community located in South Dakota with a population of 397 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,167 per year, which is 41% below the national median of $75,149. The median age of 27.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Colome features a median home value of $67,500, which is 72% below the national median of $244,900. This makes Colome one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $723, 38% below the national average of $1,163/month. Of the 198 total housing units, 37% are owner-occupied (55 units) and 63% are renter-occupied (95 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Colome shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 38.6%, above the national average of 12.4%. Workers in Colome have an average one-way commute time of 16.3 minutes, one of the shorter commutes in the region.
Education & Demographics
20.0% of Colome residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 10.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Colome, SD
Compared to national averages, Colome has a median household income of $44,167 (41% below the national median of $75,149). Home values average $67,500, which is 72% below the national median. Monthly rent at $723 is 38% below the US average of $1,163. Within South Dakota, Colome's income is 32% below the state average of $64,650, and home values are 53% below the state median of $143,757.
Why Live in Colome, SD?
Colome offers affordable housing with a median home value of $67,500, below the US average of $244,900, and rent that’s lower than the national average at $723/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features short commute times averaging just 16.3 minutes.
Potential considerations include median household income ($44,167) that falls below the national average. However, Colome’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Colome has a population of 397 with a median age of 27.4 years. Compare Colome with other cities to see how it stacks up, or explore all cities in South Dakota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Colome
What is the population of Colome, SD?
The population of Colome, SD is 397 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in South Dakota.
What is the median household income in Colome?
The median household income in Colome, SD is $44,167 per year, which is 41% below the national median of $75,149.
What is the median home value in Colome?
The median home value in Colome, SD is $67,500, which is 72% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Colome?
The median monthly rent in Colome, SD is $723, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Colome?
The unemployment rate in Colome, SD is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Colome, SD a good place to live?
Colome offers a moderate cost of living, affordable housing, and a strong job market. With a population of 397 and a median age of 27.4, the city appeals to young professionals and families.
How educated is Colome, SD?
20.0% of residents in Colome aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Colome?
Key cost-of-living indicators for Colome, SD: median home value is $67,500 (72% below national), median rent is $723/month, and median household income is $44,167. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Colome?
The poverty rate in Colome, SD is 38.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Colome, SD?
Colome's population is 0.0% White, 10.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.