Colo, IA

Full City Profile · Iowa · Story County County

3.8 /5.0
B+ Good
751 Population 702/sq mi density
$73,125 Median Income $38,750 per capita
$147,400 Home Value $268,685 Zillow
$1,200 Median Rent 29.2% income on rent
48°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$73,125 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$147,400 home value, $1,200/mo rent
C+
Education
2.5 / 5.0
19.3% bachelor's degree or higher

Colo, IA

At a Glance

Median Income
$73,125
3% below
$38,750 per capita
Home Value
$147,400
48% below
Zillow: $268,685
Median Rent
$1,200/mo
3% above
29.2% of income on rent
Bachelor's Degree+
19.3%
43% below
95.8% high school+
Unemployment
5.1%
42% above
1.5% poverty rate
Obesity Rate
33.7%
5% above
13.9% smoking rate
Avg Temperature
48°F

How Colo Compares to the U.S. Average

Each bar shows Colo's value as a percentage of the national average (100% = U.S. avg)

Income
97%
Home Value
52%
Rent
103%
Poverty
12%
Bachelor's
57%
Unemployment
142%
Thin vertical line = U.S. national average (100%)

Is Colo a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Colo residents earn a median household income of $73,125 , which is 3% below the national average of $75,149. Per capita income is $38,750. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 1.5% of residents live below the poverty line. The area is home to 3,066 business establishments, including 268 restaurants.

Housing & Cost of Living

The median home value in Colo is $147,400 , 48% below the national median of $281,900. Zillow estimates the typical home at $268,685. Median rent is $1,200/month, with 29.2% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1963.

Education

19.3% of adults in Colo hold a bachelor's degree or higher (43% below the national average). 95.8% have completed high school. Local schools score 6.8/10 in standardized testing.

Climate & Weather

Colo has an average annual temperature of 48°F (9°C). Winters average 18°F in January while summers reach 73°F in July. Annual precipitation totals 36.5 inches.

Data Overview

People

Population751
Median Age42.8 yrs
Density702/mi²
Male / Female52% / 48%
Foreign Born1.1%
Veterans8.4%

Economy

A
Median Income$73,125
Per Capita$38,750
Unemployment5.1%
Poverty1.5%
County GDP$7,790M
Avg Weekly Wage$1,204

Housing

A+
Home Value$147,400
Rent$1,200
Ownership85.0%
Zillow$268,685
Housing Units388
Rent Burden29.2%

Health

Obesity33.7%
Diabetes8.3%
Smoking13.9%
Heart Disease4.8%
Premature Death4,947/100K

Climate

Avg Temp48°F
Rain36.5 in/yr
Elevation1,030 ft

Education

C+
Bachelor's+19.3%
High School+95.8%
Graduate+4.1%
School Score6.8/10

Community

2024 VoteR 44% / D 54%
Commute29 min
Broadband90.8%
Internet Speed102 Mbps
EV Stations21
Libraries13

Did You Know?

The median home in Colo was built in 1963.
The nearest airport is Des Moines International (41 miles).
The Gini coefficient (income inequality) is 0.478 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.2% of the population has a disability.
Average internet download speed is 102 Mbps.
There are 268 restaurants in the area.
The county recorded 5 fatal vehicle crashes.