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Colon village, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Colon village, Michigan has a total population of 1,432, the 365th largest city in Michigan, with a median household income of $53,750, which is 24% lower than the state average. The poverty rate is 15.3%.

Key Takeaways

Colon village Quick Facts

Population 1,432
Median Household Income $53,750
Median Home Value $123,700
Poverty Rate 15.3%
Unemployment Rate 5.9%
Median Age 40.2 years
Homeownership Rate 71.7%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 20.6%
High School Graduation Rate 90.0%
Diversity Index 13/100
Population 1,432 365th of 745
Median Income $53,750 below average
Poverty Rate 15.3% 23% higher national
Median Home Value $123,700 below average

How Colon village Compares

Economy & Housing

Employment

5.9% Unemployment Rate State: 5.8% | National: 5.2%
60.7% Labor Force Participation

Housing Overview

Owner 71.7%
Renter 28.3%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

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

State average: 44 | National average: 60

Education

Colon village Rankings in Michigan

#365 Population of 745
#470 Median Income of 745
#349 Education of 745
#456 Home Value of 745

Cities Similar to Colon village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Edmore village1,417$53,750$86,80013.8%32.0%
Breckenridge village1,411$56,779$107,00015.0%13.4%
Nashville village1,371$54,612$119,50010.0%7.4%
Newberry village1,453$49,758$65,80019.0%25.9%
Webberville village1,339$52,879$154,90010.8%22.1%

Population Overview

Colon village is a small community located in Michigan. The total population is 1,432. It ranks as the 365th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Colon village is 40.2 years. This is about average than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Colon village is $53,750. This is 24% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 32% lower. The poverty rate stands at 15.3%. This is 17% higher than the state poverty rate of 13.1%. The unemployment rate is 5.9%. This is 1% higher than the state rate of 5.8%. The median home value is $123,700. Housing costs are 43% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.3x, Colon village is one of the most affordable housing markets in the area. 71.7% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 72.9%.

Race & Ethnicity

Colon village has a predominantly White (non-Hispanic) population, comprising 93.0% of all residents. Black or African American residents account for 0.8%. The Black or African American population (0.8%) is well below the state average of 13.2%. The Hispanic or Latino population (0.6%) is well below the state average of 5.7%. The Asian population (0.3%) is well below the state average of 3.3%.

Education

20.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.0%.

Data Sources & Methodology

All demographic data for Colon village, Michigan 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 Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Colon village, Michigan?

Colon village, Michigan has a population of 1,432 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Colon village, MI?

The median household income in Colon village is $53,750, which is 32% lower the national median of $78,538.

What is the poverty rate in Colon village, MI?

The poverty rate in Colon village is 15.3%. This means approximately 219 residents live below the federal poverty line.

What is the racial makeup of Colon village, Michigan?

Colon village's population is 93.0% White, 0.8% Black, 0.6% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Colon village, MI?

The median home value in Colon village is $123,700. The home-value-to-income ratio is 2.3x.

How educated is Colon village, Michigan?

20.6% of adults (25+) in Colon village hold a bachelor's degree or higher, and 8.6% hold a graduate or professional degree.