At a Glance
Median Income
$52,574
$24,350 per capita
Home Value
$147,900
Zillow: $221,935
Median Rent
$821/mo
31.3% of income on rent
Bachelor's Degree+
15.7%
86.7% high school+
Unemployment
2.0%
7.2% poverty rate
Obesity Rate
39.7%
18.8% smoking rate
How Colby Compares to the U.S. Average
Each bar shows Colby's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Colby a Good Place to Live?
B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Colby residents earn a median household income of $52,574 , which is 30% below the national average of $75,149.
Per capita income is $24,350. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 7.2% of residents live below the poverty line. The area is home to 956 business establishments, including 78 restaurants.
Housing & Cost of Living
The median home value in Colby is $147,900 , 48% below the national median of $281,900.
Zillow estimates the typical home at $221,935. Median rent is $821/month, with 31.3% of renters spending more than 30% of income on housing. The cost of living index is 94.1 (100 = national average). The median home was built in 1973.
Education
15.7% of adults in Colby hold a bachelor's degree or higher
(53% below the national average).
86.7% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Colby has an average annual temperature of 42°F (5°C).
Winters average 12°F in January while summers reach 68°F in July. Annual precipitation totals 34.2 inches.
Data Overview
People
Population2,118
Median Age38.2 yrs
Density1,291/mi²
Male / Female50% / 50%
Foreign Born11.6%
Veterans3.8%
Economy
B+
Median Income$52,574
Per Capita$24,350
Unemployment2.0%
Poverty7.2%
County GDP$1,919M
Avg Weekly Wage$964
Housing
A+
Home Value$147,900
Rent$821
Ownership56.9%
Zillow$221,935
Housing Units786
Rent Burden31.3%
Health
Obesity39.7%
Diabetes10.9%
Smoking18.8%
Heart Disease6.4%
Premature Death7,843/100K
Climate
Avg Temp42°F
Rain34.2 in/yr
Elevation1,352 ft
Education
C
Bachelor's+15.7%
High School+86.7%
Graduate+3.5%
School Score5.6/10
Community
2024 VoteR 68% / D 29%
Commute20 min
Broadband87.3%
Internet Speed50 Mbps
EV Stations2
Libraries10
Did You Know?
The median home in Colby was built in 1973.
The nearest airport is Chippewa Valley Regional (57 miles).
The Gini coefficient (income inequality) is 0.412 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.7% of the population has a disability.
11.6% of residents are foreign-born.
The county recorded 10 fatal vehicle crashes.