Living in Coloma, Michigan
Cost of living, income, home prices, rent and demographics of Coloma · Census data 2020–2024
Coloma has 1,074 residents with a median age of 41.4. The median household income is $68,889 (5% lower than the Michigan median), the median home value is $177,100, the median rent is $1,016/month.
Coloma is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Coloma at a glance
- Population
- 1,074
- Median age
- 41.4State: 40.2
- Median household income
- $68,889State: $72,875
- Median home value
- $177,100State: $231,600
- Median rent
- $1,016/moState: $1,129
- Homeowners
- 73.9%
- Bachelor's degree or higher
- 19.4%
- Average commute
- 25 min
Is Coloma a good place to live?
Pros: Home values 24% lower than the state median; unemployment of 0.8%; a poverty rate of 7.4%.
Cons: Median household income 5% lower than the Michigan median; an average commute of 25 minutes.
The weather is best in June to September.
Cost of living in Coloma
Housing is the biggest part of the cost of living. In Coloma the median home value is $177,100, 47% lower than the U.S. median. Renters pay a median of $1,016 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,180 a month in housing costs.
Coloma median household income
The median household income in Coloma is $68,889 and the income per person is $36,366. 7.4% of residents live below the poverty line (Michigan: 13.2%).
Housing in Coloma: homes for sale and rent
- Housing units
- 550
- Owner-occupied
- 73.9%
- Renter-occupied
- 26.1%
- Vacant
- 12.4%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.22
Coloma demographics
- Population
- 1,074
- Median age
- 41.4
- Under 18
- 20.1%
- 65 and older
- 13%
- Households
- 482
- Foreign-born
- 1%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Coloma ›
Education in Coloma
19.4% of adults 25 and older in Coloma have a bachelor's degree or higher (Michigan: 32.4%), and 8.7% have a graduate or professional degree.
Jobs and commute in Coloma
- Unemployment rate
- 0.8%State: 5.7%
- Average commute
- 25 minState: 24 min
- Work from home
- 5.7%
- Drive alone
- 86.2%
- Public transit
- 0%
- Walk to work
- 2.3%
- Homes with broadband
- 92.1%
Coloma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Coloma | 1,074 | $68,889 | $177,100 | $1,016 |
| Paw Paw Lake | 3,889 | $67,674 | $191,700 | $1,164 |
| Watervliet | 2,156 | $61,167 | $137,500 | $885 |
| Lake Michigan Beach | 823 | $56,809 | $255,800 | — |
| Millburg | 568 | $62,976 | $136,500 | $1,167 |
| Benton Heights | 3,078 | $33,542 | $97,700 | $612 |
| Hartford | 2,458 | $42,171 | $108,700 | $837 |
| Benton Harbor | 8,953 | $31,117 | $76,500 | $851 |
| Fair Plain | 7,330 | $52,817 | $169,400 | $1,019 |
More for people moving to Coloma
Coloma ZIP code ›Weather and climate ›Living in Coloma: FAQ
What is the median household income in Coloma, MI?
The median household income in Coloma is $68,889, 5% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Coloma?
The median home value in Coloma is $177,100, compared with $231,600 in Michigan.
How much is rent in Coloma?
The median gross rent in Coloma is $1,016 per month, about 22.5% of household income.
Is Coloma, MI a good place to live?
Pluses: home values 24% lower than the state median; unemployment of 0.8%; a poverty rate of 7.4%. Minuses: median household income 5% lower than the Michigan median; an average commute of 25 minutes.
What is the median age in Coloma?
The median age in Coloma is 41.4 years (Michigan: 40.2).
How long is the commute in Coloma?
The average commute to work in Coloma is 25 minutes; 5.7% of workers work from home.
What is the unemployment rate in Coloma?
The unemployment rate in Coloma is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Coloma?
19.4% of adults in Coloma have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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