Colona, IL
Population 5,189 · Illinois
About Colona, IL
Colona is a small community in Illinois with a population of 5,189 residents. The median household income is $76,558 per year, which is above the national average. The median age in Colona is 40.8 years.
Housing in Colona has a median home value of $152,100 and median monthly rent of $881. Of the 2,342 total housing units, the majority are owner-occupied, with 1,751 owner-occupied and 357 renter-occupied units.
The unemployment rate in Colona is 1.4% and the poverty rate is 3.1%. 17.6% of residents hold a bachelor's degree or higher. The average commute time is 24.3 minutes.
Cost of Living in Colona, IL
Compared to national averages, Colona has a median household income of $76,558 (2% above the national median of $75,149). Home values average $152,100, which is 38% below the national median. Monthly rent at $881 is 24% below the US average of $1,163. Within Illinois, Colona's income is 2% above the state average of $75,072, and home values are 8% below the state median of $165,779.
Why Live in Colona, IL?
Colona offers a strong local economy with a median household income of $76,558, well above the national average, and affordable housing with a median home value of $152,100, below the US average of $244,900, and rent that’s lower than the national average at $881/month. Additionally, the city features a strong job market with an unemployment rate of just 1.4%, and a low poverty rate of 3.1%, better than the national average, and short commute times averaging just 24.3 minutes.
Colona has a population of 5,189 with a median age of 40.8 years. Compare Colona with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Colona
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Berkeley | 5,222 | $83,224 | $222,400 | Compare |
| Coal City | 5,145 | $73,030 | $211,600 | Compare |
| Highwood | 5,243 | $101,862 | $454,500 | Compare |
| Monee | 5,104 | $89,571 | $226,400 | Compare |
| Pana | 5,277 | $45,083 | $82,000 | Compare |
| Eureka | 5,095 | $55,172 | $154,600 | Compare |
| Grandwood Park | 5,311 | $124,847 | $313,000 | Compare |
| Pinckneyville | 5,055 | $55,000 | $117,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Colona
What is the population of Colona, IL?
The population of Colona, IL is 5,189 according to the latest Census data.
What is the median household income in Colona?
The median household income in Colona, IL is $76,558 per year.
What is the median home value in Colona?
The median home value in Colona, IL is $152,100.
What is the average rent in Colona?
The median monthly rent in Colona, IL is $881.
What is the unemployment rate in Colona?
The unemployment rate in Colona, IL is 1.4%.