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Colo, IA

Full City Profile · Iowa · Story County County

3.2 /5.0
B Good
751 Population 702/sq mi density
$73,125 Median Income $38,750 per capita
$147,400 Home Value $248,788 Zillow
$1,200 Median Rent 29.2% income on rent
48°F Avg Temperature 260 sunny days/yr
270 Violent Crime/100K 540 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$73,125 median income, 3.4% unemployment
A+
Affordability
5.0 / 5.0
$147,400 home value, $1,200/mo rent
F
Safety
1.0 / 5.0
270 violent crimes/100K
C+
Education
2.5 / 5.0
19.3% bachelor's degree or higher

Income Overview

Median Household Income
$73,125
3% below
US avg: $75,149
Per Capita Income
$38,750
1% below
US avg: $39,052
Unemployment Rate
3.4%
6% below
US avg: 3.6%
Poverty Rate
1.5%
88% below
US avg: 12.4%

Income Comparison: Colo vs. U.S. Average

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

Median Household
US: $75,149
$73,125
97%
Per Capita
US: $39,052
$38,750
99%
IRS Avg AGI
US: $72,000
$86,259
120%
Avg Weekly Wage
US: $1,432
$1,204
84%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,204
16% below US avg ($1,432)
Mean Commute Time
29 min
5% above US avg (28 min)
Work From Home
6.7%
56% below US avg (15.2%)
Drive Alone
86.9%
19% above US avg (73.2%)
Public Transit
1.9%
63% below US avg (5.0%)
County GDP
$7,790M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 86.9%
Public Transit 1.9%
Work From Home 6.7%
Other 4.5%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,066
Restaurants
268
Healthcare
229
Retail
275
Manufacturing
76

Tax & Financial

IRS Avg Adjusted Gross Income
$86,259
20% above US avg ($72,000)
Avg Property Tax
$5,724
64% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$73,125
Per Capita Income$38,750
IRS Avg Adjusted Gross Income$86,259
Avg Weekly Wage$1,204
County GDP$7,790M

Hardship Indicators

Unemployment Rate3.4%
Poverty Rate1.5%
Gini Coefficient0.478
Cost of Living Index87.8

Commute

Mean Commute29 minutes
Drive Alone86.9%
Public Transit1.9%
Work From Home6.7%

Businesses

Total Establishments3,066
Restaurants268
Healthcare229
Retail275
Manufacturing76

Tax

IRS Avg AGI$86,259
Avg Property Tax$5,724