Illinois · Census place 15378
Colchester city, IL
Quick answer
Colchester city has 1,057 residents, ranking #685 of 1462 places in Illinois. Median household income is $62,500, the median home is worth $86,500 and median gross rent runs $808 a month.
- Population
- 1,057Colchester city residents
- Median household income
- $62,500Past 12 months, inflation adjusted
- Median home value
- $86,500Owner-occupied units
- Median gross rent
- $808Rent plus utilities, monthly
- Median age
- 40.6 yrsAll residents
- Homeownership rate
- 73.6%Owner-occupied households
What the numbers mean in Colchester city
Housing cost measured against local earnings.
A household earning the Colchester city median would spend about 15.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.7% of residents and 73.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- St. Anne village 1,070
- Raymond village 1,065
- Cobden village 1,064
- Wayne City village 1,050
- Macon city 1,035
- Chebanse village 1,033
- Payson village 1,030
Keep going
More Illinois coverage.