Living in Colby, Wisconsin
Cost of living, income, home prices, rent and demographics of Colby · Census data 2020–2024
Colby has 1,907 residents with a median age of 38.3. The median household income is $50,114 (35% lower than the Wisconsin median), the median home value is $184,700, the median rent is $854/month.
Colby at a glance
- Population
- 1,907
- Median age
- 38.3State: 40.2
- Median household income
- $50,114State: $77,485
- Median home value
- $184,700State: $266,500
- Median rent
- $854/moState: $1,087
- Homeowners
- 53.4%
- Bachelor's degree or higher
- 16.1%
- Average commute
- 20 min
Is Colby a good place to live?
Pros: Home values 31% lower than the state median; an average commute of 20 minutes; unemployment of 1.4%.
Cons: Median household income 35% lower than the Wisconsin median; a poverty rate of 19.1%.
The weather is best in June to September.
Cost of living in Colby
Housing is the biggest part of the cost of living. In Colby the median home value is $184,700, 44% lower than the U.S. median. Renters pay a median of $854 per month, which is 30.1% of household income. Homeowners with a mortgage pay $1,399 a month in housing costs.
Colby median household income
The median household income in Colby is $50,114 and the income per person is $24,388. 19.1% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Colby: homes for sale and rent
- Housing units
- 713
- Owner-occupied
- 53.4%
- Renter-occupied
- 46.6%
- Vacant
- 3.4%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.59
Colby demographics
- Population
- 1,907
- Median age
- 38.3
- Under 18
- 29.8%
- 65 and older
- 22.3%
- Households
- 689
- Foreign-born
- 12.3%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Colby ›
Education in Colby
16.1% of adults 25 and older in Colby have a bachelor's degree or higher (Wisconsin: 33.4%), and 3.8% have a graduate or professional degree.
Jobs and commute in Colby
- Unemployment rate
- 1.4%State: 3.2%
- Average commute
- 20 minState: 22 min
- Work from home
- 7.2%
- Drive alone
- 79.5%
- Public transit
- 0%
- Walk to work
- 3.7%
- Homes with broadband
- 84.5%
Colby vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Colby | 1,907 | $50,114 | $184,700 | $854 |
| Abbotsford | 2,024 | $68,580 | $151,500 | $888 |
| Unity | 378 | $56,827 | $105,300 | $850 |
| Dorchester | 879 | $60,536 | $156,000 | $837 |
| Curtiss | 442 | $68,523 | $90,800 | $783 |
| Spencer | 1,686 | $69,750 | $155,400 | $580 |
| Stetsonville | 575 | $54,756 | $182,500 | $446 |
| Owen | 920 | $61,250 | $140,900 | $685 |
| Withee | 520 | $68,750 | $95,900 | $919 |
More for people moving to Colby
Colby ZIP code ›Weather and climate ›Living in Colby: FAQ
What is the median household income in Colby, WI?
The median household income in Colby is $50,114, 35% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Colby?
The median home value in Colby is $184,700, compared with $266,500 in Wisconsin.
How much is rent in Colby?
The median gross rent in Colby is $854 per month, about 30.1% of household income.
Is Colby, WI a good place to live?
Pluses: home values 31% lower than the state median; an average commute of 20 minutes; unemployment of 1.4%. Minuses: median household income 35% lower than the Wisconsin median; a poverty rate of 19.1%.
What is the median age in Colby?
The median age in Colby is 38.3 years (Wisconsin: 40.2).
How long is the commute in Colby?
The average commute to work in Colby is 20 minutes; 7.2% of workers work from home.
What is the unemployment rate in Colby?
The unemployment rate in Colby is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Colby?
16.1% of adults in Colby 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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