Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.9 yrs |
|---|---|
| Avg HH Size | 2.39 |
| Below Poverty | 12.4% ▲ 24% above avg |
| College Grads | 26.1% ▼ 33% below avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 1 (0.1%) |
| HS Graduate | 696 (38%) |
| Some College | 354 (19.3%) |
| Associates | 304 (16.6%) |
| Bachelors | 153 (8.3%) |
| Graduate Degree | 325 (17.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,693 ▼ 23% below avg |
|---|---|
| Median Home Value | $123,800 ▼ 56% below avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $793/mo |
| Total Housing Units | 1,956 |
| Vacant Units | 557 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Colon is a city in Michigan, located in St. Joseph County. The city spans 1 ZIP code and is home to approximately 3,341 residents. It is a middle-aged city, with a median age of 42.9 years.
Economically, Colon is a solidly middle-class community. The median household income of $58,693 is below the national average. Approximately 12.4% of residents live below the poverty line. The unemployment rate is 3.3%, below the national average.
The real estate market in Colon is one of the more affordable housing markets in the country. Median home values stand at $123,800, which is well below the national average. Renters typically pay around $793 per month. Homeownership is high at 82.3%, typical of suburban and family-oriented communities.
The population of Colon is moderately educated. 26.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (94.55%).
Colon, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49040 | 3,341 | $58,693 | $123,800 | $793 | 3.3% | 26.1% | 82.3% |