Living in Colon, Nebraska
Cost of living, income, home prices, rent and demographics of Colon · Census data 2020–2024
Colon has 102 residents with a median age of 43.4. The median household income is $61,563 (19% lower than the Nebraska median), the median home value is $166,100, the median rent is $1,063/month.
Colon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Colon at a glance
- Population
- 102
- Median age
- 43.4State: 37.2
- Median household income
- $61,563State: $76,475
- Median home value
- $166,100State: $238,600
- Median rent
- $1,063/moState: $1,072
- Homeowners
- 86.7%
- Bachelor's degree or higher
- 18.6%
- Average commute
- 35 min
Is Colon a good place to live?
Pros: Home values 30% lower than the state median.
Cons: Median household income 19% lower than the Nebraska median; an average commute of 35 minutes; a poverty rate of 11.5%.
The weather is best in May–June and August–September.
Cost of living in Colon
Housing is the biggest part of the cost of living. In Colon the median home value is $166,100, 50% lower than the U.S. median. Renters pay a median of $1,063 per month, which is 51% of household income. Homeowners with a mortgage pay $1,525 a month in housing costs.
Colon median household income
The median household income in Colon is $61,563 and the income per person is $29,198. 11.5% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Colon: homes for sale and rent
- Housing units
- 45
- Owner-occupied
- 86.7%
- Renter-occupied
- 13.3%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.27
Colon demographics
- Population
- 102
- Median age
- 43.4
- Under 18
- 20.6%
- 65 and older
- 25.5%
- Households
- 45
- Foreign-born
- 0%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Colon ›
Education in Colon
18.6% of adults 25 and older in Colon have a bachelor's degree or higher (Nebraska: 34.6%), and 5.7% have a graduate or professional degree.
Jobs and commute in Colon
- Unemployment rate
- 0%State: 3%
- Average commute
- 35 minState: 19 min
- Work from home
- 13.5%
- Drive alone
- 84.6%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 84.4%
Colon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Colon | 102 | $61,563 | $166,100 | $1,063 |
| Wahoo | 4,929 | $89,457 | $243,600 | $907 |
| Cedar Bluffs | 782 | $92,639 | $167,200 | $1,097 |
| Mead | 607 | $80,272 | $166,400 | $1,013 |
| Leshara | 177 | $70,750 | $162,500 | $1,021 |
| Inglewood | 511 | $66,875 | $135,600 | $1,167 |
| Weston | 256 | $66,250 | $163,300 | $1,143 |
| Ithaca | 183 | $62,083 | $158,500 | $910 |
| Prague | 310 | $74,375 | $98,200 | $850 |
More for people moving to Colon
Colon ZIP code ›Weather and climate ›Living in Colon: FAQ
What is the median household income in Colon, NE?
The median household income in Colon is $61,563, 19% lower than the Nebraska median of $76,475 (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 $166,100, compared with $238,600 in Nebraska.
How much is rent in Colon?
The median gross rent in Colon is $1,063 per month, about 51% of household income.
Is Colon, NE a good place to live?
Pluses: home values 30% lower than the state median. Minuses: median household income 19% lower than the Nebraska median; an average commute of 35 minutes; a poverty rate of 11.5%.
What is the median age in Colon?
The median age in Colon is 43.4 years (Nebraska: 37.2).
How long is the commute in Colon?
The average commute to work in Colon is 35 minutes; 13.5% of workers work from home.
What is the unemployment rate in Colon?
The unemployment rate in Colon is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Colon?
18.6% 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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