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ZipNumbers

Iowa · Census place 15240

Colo city, IA

Quick answer

Colo city has 751 residents, ranking #380 of 1026 places in Iowa. Median household income is $73,125, the median home is worth $147,400 and median gross rent runs $1,200 a month.

Population
751Colo city residents
Median household income
$73,125Past 12 months, inflation adjusted
Median home value
$147,400Owner-occupied units
Median gross rent
$1,200Rent plus utilities, monthly
Median age
42.8 yrsAll residents
Homeownership rate
85%Owner-occupied households

What the numbers mean in Colo city

Housing cost measured against local earnings.

A household earning the Colo city median would spend about 19.7% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.9% of residents and 85% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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