Colony Park, PA

Full City Profile · Pennsylvania · Berks County County

4.8 /5.0
A+ Excellent
1,125 Population 1,875/sq mi density
$83,229 Median Income $48,305 per capita
$302,700 Home Value $367,967 Zillow
$1,527 Median Rent 39.3% income on rent
54°F Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.7 / 5.0
$83,229 median income, 0.0% unemployment
A+
Affordability
4.6 / 5.0
$302,700 home value, $1,527/mo rent
A+
Education
5.0 / 5.0
54.3% bachelor's degree or higher

Colony Park, PA

At a Glance

Median Income
$83,229
11% above
$48,305 per capita
Home Value
$302,700
7% above
Zillow: $367,967
Median Rent
$1,527/mo
31% above
39.3% of income on rent
Bachelor's Degree+
54.3%
61% above
98.8% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
43.8%
36% above
26.6% smoking rate
Avg Temperature
54°F

How Colony Park Compares to the U.S. Average

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

Income
111%
Home Value
107%
Rent
131%
Poverty
0%
Bachelor's
161%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Colony Park a Good Place to Live?

A+
4.8 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Colony Park residents earn a median household income of $83,229 , which is 11% above the national average of $75,149. Per capita income is $48,305. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 8,917 business establishments, including 774 restaurants.

Housing & Cost of Living

The median home value in Colony Park is $302,700 , 7% above the national median of $281,900. Zillow estimates the typical home at $367,967. Median rent is $1,527/month, with 39.3% of renters spending more than 30% of income on housing. The cost of living index is 97.6 (100 = national average). The median home was built in 1977.

Education

54.3% of adults in Colony Park hold a bachelor's degree or higher (61% above the national average). 98.8% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Colony Park has an average annual temperature of 54°F (12°C). Winters average 31°F in January while summers reach 76°F in July. Annual precipitation totals 45.2 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population1,125
Median Age46.1 yrs
Density1,875/mi²
Male / Female48% / 52%
Foreign Born19.5%
Veterans3.8%

Economy

A+
Median Income$83,229
Per Capita$48,305
Unemployment0.0%
Poverty0.0%
County GDP$26,580M
Avg Weekly Wage$1,223

Housing

A+
Home Value$302,700
Rent$1,527
Ownership83.7%
Zillow$367,967
Housing Units380
Rent Burden39.3%

Health

Obesity43.8%
Diabetes16.0%
Smoking26.6%
Heart Disease8.6%
Premature Death7,368/100K

Climate

Avg Temp54°F
Rain45.2 in/yr
AQI43 (Good)
Elevation325 ft

Education

A+
Bachelor's+54.3%
High School+98.8%
Graduate+21.4%
School Score5.6/10

Community

2024 VoteR 56% / D 43%
Commute25 min
Broadband93.3%
Internet Speed203 Mbps
EV Stations1
Libraries25

Did You Know?

The median home in Colony Park was built in 1977.
23.9% work from home.
The nearest airport is Reading Regional/Carl A Spaatz Field (2 miles).
The Gini coefficient (income inequality) is 0.445 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
10.2% of the population has a disability.
19.5% of residents are foreign-born.
Average internet download speed is 203 Mbps.
There are 774 restaurants in the area.
The county recorded 46 fatal vehicle crashes.