All Countries
Colchester, IL
Full City Profile · Illinois · McDonough County County
3.1
/5.0
B
Good
1,057
Population
919/sq mi density
$62,500
Median Income
$31,944 per capita
$86,500
Home Value
$98,597 Zillow
$808
Median Rent
39.7% income on rent
52°F
Avg Temperature
275 sunny days/yr
78
Violent Crime/100K
544 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$62,500 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$86,500 home value, $808/mo rent
F
Safety
1.0 / 5.0
78 violent crimes/100K
C
Education
2.5 / 5.0
18.7% bachelor's degree or higher
Income Overview
Median Household Income
$62,500
17% below
US avg: $75,149
Per Capita Income
$31,944
18% below
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
2.7%
78% below
US avg: 12.4%
Income Comparison: Colchester vs. U.S. Average
Each bar shows Colchester’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,500
83%
Per Capita
US: $39,052
$31,944
82%
IRS Avg AGI
US: $72,000
$62,557
87%
Avg Weekly Wage
US: $1,432
$931
65%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$931
35% below US avg ($1,432)
Mean Commute Time
16 min
42% below US avg (28 min)
Work From Home
3.6%
76% below US avg (15.2%)
Drive Alone
84.8%
16% above US avg (73.2%)
Public Transit
1.6%
69% below US avg (5.0%)
County GDP
$1,455M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
84.8%
Public Transit
1.6%
Work From Home
3.6%
Other
10%
Average commute time
16 minutes
US avg: 28 min
Business Landscape
Total Establishments
550
Restaurants
73
Healthcare
66
Retail
95
Manufacturing
13
Tax & Financial
IRS Avg Adjusted Gross Income
$62,557
13% below US avg ($72,000)
Avg Property Tax
$5,316
52% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,500 |
| Per Capita Income | $31,944 |
| IRS Avg Adjusted Gross Income | $62,557 |
| Avg Weekly Wage | $931 |
| County GDP | $1,455M |
Hardship Indicators
| Unemployment Rate | 3.1% |
| Poverty Rate | 2.7% |
| Gini Coefficient | 0.488 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 16 minutes |
| Drive Alone | 84.8% |
| Public Transit | 1.6% |
| Work From Home | 3.6% |
Businesses
| Total Establishments | 550 |
| Restaurants | 73 |
| Healthcare | 66 |
| Retail | 95 |
| Manufacturing | 13 |
Tax
| IRS Avg AGI | $62,557 |
| Avg Property Tax | $5,316 |