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Colona city, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Colona city, Illinois has a total population of 5,189, the 330th largest city in Illinois, with a median household income of $76,558, which is 6% lower than the state average. The poverty rate is 3.1%.

Key Takeaways

Colona city Quick Facts

Population 5,189
Median Household Income $76,558
Median Home Value $152,100
Poverty Rate 3.1%
Unemployment Rate 1.4%
Median Age 40.8 years
Homeownership Rate 83.1%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 17.6%
High School Graduation Rate 90.9%
Diversity Index 23/100
Population 5,189 330th of 1,445
Median Income $76,558 above average
Poverty Rate 3.1% 75% lower national
Median Home Value $152,100 above average

How Colona city Compares

Economy & Housing

Employment

1.4% Unemployment Rate State: 5.8% | National: 5.2%
75.3% Labor Force Participation

Housing Overview

Owner 83.1%
Renter 16.9%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

23out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Colona city Rankings in Illinois

#330 Population of 1,445
#479 Median Income of 1,445
#728 Education of 1,445
#498 Home Value of 1,445

Cities Similar to Colona city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Coal City village5,145$73,030$211,60024.9%4.7%
Berkeley village5,222$83,224$222,40020.7%6.6%
Posen village5,331$71,994$172,80012.8%5.7%
Monee village5,104$89,571$226,40027.2%5.1%
Tuscola city4,675$77,034$148,10025.4%7.7%

Population Overview

Colona city is a small city located in Illinois. The total population is 5,189. It ranks as the 330th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Colona city is 40.8 years. This is 5% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Colona city is $76,558. This is 6% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 3% lower. The poverty rate stands at 3.1%. This is 73% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.4%. This is 76% lower than the state rate of 5.8%. The median home value is $152,100. Housing costs are 39% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.0x, Colona city is one of the most affordable housing markets in the area. 83.1% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 66.8%.

Race & Ethnicity

Colona city has a predominantly White (non-Hispanic) population, comprising 87.1% of all residents. Hispanic or Latino residents account for 8.7%. The Black or African American population (0.4%) is well below the state average of 13.6%. The Hispanic or Latino population (8.7%) is well below the state average of 18.5%. The Asian population (0.3%) is well below the state average of 5.8%.

Education

17.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.9%.

Data Sources & Methodology

All demographic data for Colona city, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Colona city, Illinois?

Colona city, Illinois has a population of 5,189 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Colona city, IL?

The median household income in Colona city is $76,558, which is 3% lower the national median of $78,538.

What is the poverty rate in Colona city, IL?

The poverty rate in Colona city is 3.1%. This means approximately 163 residents live below the federal poverty line.

What is the racial makeup of Colona city, Illinois?

Colona city's population is 87.1% White, 0.4% Black, 8.7% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Colona city, IL?

The median home value in Colona city is $152,100. The home-value-to-income ratio is 2.0x.

How educated is Colona city, Illinois?

17.6% of adults (25+) in Colona city hold a bachelor's degree or higher, and 1.7% hold a graduate or professional degree.