Living in Colon, Michigan
Cost of living, income, home prices, rent and demographics of Colon · Census data 2020–2024
Colon has 1,570 residents with a median age of 39. The median household income is $58,542 (20% lower than the Michigan median), the median home value is $153,500, the median rent is $785/month.
Colon at a glance
- Population
- 1,570
- Median age
- 39State: 40.2
- Median household income
- $58,542State: $72,875
- Median home value
- $153,500State: $231,600
- Median rent
- $785/moState: $1,129
- Homeowners
- 71.4%
- Bachelor's degree or higher
- 17.4%
- Average commute
- 21 min
Is Colon a good place to live?
Pros: Home values 34% lower than the state median; an average commute of 21 minutes; unemployment of 5.6%.
Cons: Median household income 20% lower than the Michigan median; a poverty rate of 14.3%.
The weather is best in June to September.
Cost of living in Colon
Housing is the biggest part of the cost of living. In Colon the median home value is $153,500, 54% lower than the U.S. median. Renters pay a median of $785 per month, which is 28.2% of household income. Homeowners with a mortgage pay $1,068 a month in housing costs.
Colon median household income
The median household income in Colon is $58,542 and the income per person is $29,751. 14.3% of residents live below the poverty line (Michigan: 13.2%).
Housing in Colon: homes for sale and rent
- Housing units
- 805
- Owner-occupied
- 71.4%
- Renter-occupied
- 28.6%
- Vacant
- 16.9%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.35
Colon demographics
- Population
- 1,570
- Median age
- 39
- Under 18
- 24%
- 65 and older
- 19.7%
- Households
- 669
- Foreign-born
- 0.8%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Colon ›
Education in Colon
17.4% of adults 25 and older in Colon have a bachelor's degree or higher (Michigan: 32.4%), and 6.3% have a graduate or professional degree.
Jobs and commute in Colon
- Unemployment rate
- 5.6%State: 5.7%
- Average commute
- 21 minState: 24 min
- Work from home
- 8%
- Drive alone
- 68.6%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 86.4%
Colon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Colon | 1,570 | $58,542 | $153,500 | $785 |
| Sherwood | 388 | $58,750 | $97,500 | $838 |
| Mendon | 815 | $82,292 | $142,900 | $1,007 |
| Burr Oak | 818 | $63,816 | $106,400 | $983 |
| Bronson | 2,083 | $46,359 | $114,800 | $938 |
| Athens | 1,134 | $70,192 | $157,000 | $978 |
| Centreville | 1,565 | $59,519 | $166,100 | $850 |
| Union City | 1,940 | $62,788 | $107,500 | $935 |
| Sturgis | 11,054 | $62,710 | $152,600 | $826 |
More for people moving to Colon
Colon ZIP code ›Weather and climate ›Living in Colon: FAQ
What is the median household income in Colon, MI?
The median household income in Colon is $58,542, 20% 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 Colon?
The median home value in Colon is $153,500, compared with $231,600 in Michigan.
How much is rent in Colon?
The median gross rent in Colon is $785 per month, about 28.2% of household income.
Is Colon, MI a good place to live?
Pluses: home values 34% lower than the state median; an average commute of 21 minutes; unemployment of 5.6%. Minuses: median household income 20% lower than the Michigan median; a poverty rate of 14.3%.
What is the median age in Colon?
The median age in Colon is 39 years (Michigan: 40.2).
How long is the commute in Colon?
The average commute to work in Colon is 21 minutes; 8% of workers work from home.
What is the unemployment rate in Colon?
The unemployment rate in Colon is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Colon?
17.4% of adults in Colon 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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