Living in Colony Park, Pennsylvania
Cost of living, income, home prices, rent and demographics of Colony Park · Census data 2020–2024
Colony Park has 1,175 residents with a median age of 48.7. The median household income is $80,333 (3% higher than the Pennsylvania median), the median home value is $358,300, the median rent is $1,644/month.
Colony Park is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Colony Park at a glance
- Population
- 1,175
- Median age
- 48.7State: 40.9
- Median household income
- $80,333State: $77,971
- Median home value
- $358,300State: $254,500
- Median rent
- $1,644/moState: $1,209
- Homeowners
- 85.8%
- Bachelor's degree or higher
- 55.6%
- Average commute
- 30 min
Is Colony Park a good place to live?
Pros: Median household income 3% higher than the Pennsylvania median.
Cons: Home values 41% higher than the state median; an average commute of 30 minutes.
The weather is best in May–June and August–September.
Cost of living in Colony Park
Housing is the biggest part of the cost of living. In Colony Park the median home value is $358,300, 8% higher than the U.S. median. Renters pay a median of $1,644 per month, which is 35.8% of household income. Homeowners with a mortgage pay $2,045 a month in housing costs.
Colony Park median household income
The median household income in Colony Park is $80,333 and the income per person is $60,066. 0% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Colony Park: homes for sale and rent
- Housing units
- 570
- Owner-occupied
- 85.8%
- Renter-occupied
- 14.2%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.06
Colony Park demographics
- Population
- 1,175
- Median age
- 48.7
- Under 18
- 23.7%
- 65 and older
- 36.6%
- Households
- 570
- Foreign-born
- 15.9%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Colony Park ›
Education in Colony Park
55.6% of adults 25 and older in Colony Park have a bachelor's degree or higher (Pennsylvania: 35.2%), and 22.5% have a graduate or professional degree.
Jobs and commute in Colony Park
- Unemployment rate
- 0%State: 5.3%
- Average commute
- 30 minState: 26 min
- Work from home
- 28.3%
- Drive alone
- 71.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 91.6%
Colony Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Colony Park | 1,175 | $80,333 | $358,300 | $1,644 |
| Spring Ridge | 917 | $68,571 | $345,400 | — |
| Wyomissing | 11,172 | $93,203 | $339,900 | $1,781 |
| Greenfields | 986 | $78,830 | $268,500 | $2,015 |
| West Lawn | 1,384 | $69,688 | $192,600 | $1,155 |
| Whitfield | 5,226 | $126,740 | $311,700 | $1,474 |
| Springmont | 1,319 | $82,173 | $254,900 | — |
| West Wyomissing | 3,289 | $82,192 | $208,200 | $1,414 |
| West Reading | 4,562 | $65,885 | $173,100 | $1,365 |
More for people moving to Colony Park
Colony Park ZIP code ›Weather and climate ›Living in Colony Park: FAQ
What is the median household income in Colony Park, PA?
The median household income in Colony Park is $80,333, 3% higher than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Colony Park?
The median home value in Colony Park is $358,300, compared with $254,500 in Pennsylvania.
How much is rent in Colony Park?
The median gross rent in Colony Park is $1,644 per month, about 35.8% of household income.
Is Colony Park, PA a good place to live?
Pluses: median household income 3% higher than the Pennsylvania median. Minuses: home values 41% higher than the state median; an average commute of 30 minutes.
What is the median age in Colony Park?
The median age in Colony Park is 48.7 years (Pennsylvania: 40.9).
How long is the commute in Colony Park?
The average commute to work in Colony Park is 30 minutes; 28.3% of workers work from home.
What is the unemployment rate in Colony Park?
The unemployment rate in Colony Park is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Colony Park?
55.6% of adults in Colony Park 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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