Colona, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Colona, Illinois had a total population of 5,139, the 331st largest city in Illinois, with a median household income of $79,700, which is 4% lower than the state average. The poverty rate is 3.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 3.8% — among the lowest in Illinois.
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
- Near full employment with an unemployment rate of just 0.6%.
Colona Quick Facts
How Colona Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 5,189 | 5,139 | -1.0% |
| Median household income | $76,558 | $79,700 | +4.1% |
| Median home value | $152,100 | $147,500 | -3.0% |
How Colona Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Colona Rankings in Illinois
Explore Illinois Rankings
Other Cities in Henry County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Kewanee | 11,913 | $50,886 | 17.9% | $73,200 |
| Geneseo | 6,673 | $70,147 | 2.6% | $205,400 |
| Galva | 2,454 | $52,470 | 18.8% | $83,700 |
| Cambridge | 2,128 | $64,979 | 13.1% | $123,100 |
| Orion | 1,812 | $94,375 | 5.2% | $178,500 |
| Atkinson | 982 | $57,174 | 5.7% | $119,600 |
| Annawan | 865 | $70,729 | 6.7% | $135,100 |
| Alpha | 831 | $77,639 | 1.6% | $111,400 |
| Woodhull | 731 | $65,893 | 13.3% | $122,400 |
| Andover | 434 | $77,813 | 3.7% | $163,600 |
Cities Similar to Colona
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Berkeley | 5,199 | $85,823 | $246,900 | 18.6% | 17.5% |
| Posen | 5,292 | $73,051 | $172,900 | 11.5% | 21.5% |
| Tuscola | 4,808 | $78,179 | $154,300 | 24.5% | 7.1% |
| Monee | 5,108 | $91,969 | $240,500 | 31.4% | 6.2% |
| Coal City | 5,317 | $72,857 | $201,600 | 23.2% | 4.4% |
Population Overview
Colona is a small city located in Illinois, within Henry County. The total population is 5,139. It ranks as the 331st most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Colona is 38.7 years. This is about the same as the state median of 39.0 years.
Economy, Income & Housing
The median household income in Colona is $79,700. This is 4% lower than the state median of $83,390. It is also 1% lower than the national median of $80,734. The poverty rate stands at 3.8%. This is 68% lower than the state poverty rate of 11.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.6%. This is 89% lower than the state rate of 5.8%. The median home value is $147,500. Housing costs are 44% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.9x, Colona is one of the most affordable housing markets in the area. 77.6% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 67.1%.
Race & Ethnicity
Colona has a predominantly White (non-Hispanic) population, comprising 85.3% of all residents. Hispanic or Latino residents account for 7.8%. The Black or African American population (0.5%) is well below the state average of 13.3%. The Hispanic or Latino population (7.8%) is well below the state average of 18.8%.
Education
18.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.4%.
Data Sources & Methodology
All demographic data for Colona, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Colona, Illinois?
Colona, Illinois has a population of 5,139 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Colona, IL?
The median household income in Colona is $79,700, which is 1% lower than the national median of $80,734.
What is the poverty rate in Colona, IL?
The poverty rate in Colona is 3.8%. This means approximately 194 residents live below the federal poverty line.
What is the racial makeup of Colona, Illinois?
Colona's population is 85.3% White, 0.5% Black, 7.8% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Colona, IL?
The median home value in Colona is $147,500. The home-value-to-income ratio is 1.9x.
How educated is Colona, Illinois?
18.9% of adults (25+) in Colona hold a bachelor's degree or higher, and 1.8% hold a graduate or professional degree.