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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

Housing Overview

Median Home Value
$147,400
48% below
US avg: $281,900
Median Rent
$1,200/mo
3% above
US avg: $1,163/mo
Homeownership Rate
85.0%
30% above US avg (65.4%)
Total Housing Units
388
Median year built: 1963

Home Value by Source

Census Median
$147,400
Zillow (ZHVI)
$248,788
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.0%
Owner-Occupied
15.0%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $1,200/mo

Affordability & Housing Stock

Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
85.0%

Complete Housing Data

Home Values

Census Median Value$147,400
Zillow Home Value (ZHVI)$248,788

Rent

Census Median Rent$1,200
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Ownership & Stock

Owner-Occupied85.0%
Renter-Occupied15.0%
Homeownership Rate85.0%
Total Housing Units388
Median Year Built1963
Rent Burden29.2%