Colon, NE
Population 134 · Nebraska
About Colon, NE
Colon is a small community located in Nebraska with a population of 134 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,625 per year, which is 19% below the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Colon features a median home value of $142,700, which is 42% below the national median of $244,900. This makes Colon one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $625, 46% below the national average of $1,163/month. Of the 53 total housing units, 89% are owner-occupied (47 units) and 11% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Colon shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Colon have an average one-way commute time of 35.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
12.6% of Colon residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Colon, NE
Compared to national averages, Colon has a median household income of $60,625 (19% below the national median of $75,149). Home values average $142,700, which is 42% below the national median. Monthly rent at $625 is 46% below the US average of $1,163. Within Nebraska, Colon's income is 8% below the state average of $65,895, and home values are 13% above the state median of $125,824.
Why Live in Colon, NE?
Colon offers affordable housing with a median home value of $142,700, below the US average of $244,900, and rent that’s lower than the national average at $625/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 10.9%, better than the national average.
Potential considerations include median household income ($60,625) that falls below the national average. However, Colon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Colon has a population of 134 with a median age of 41.2 years. Compare Colon with other cities to see how it stacks up, or explore all cities in Nebraska.
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Demographics
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Economy & Education
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Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Colon
What is the population of Colon, NE?
The population of Colon, NE is 134 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Colon?
The median household income in Colon, NE is $60,625 per year, which is 19% below the national median of $75,149.
What is the median home value in Colon?
The median home value in Colon, NE is $142,700, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Colon?
The median monthly rent in Colon, NE is $625, which is 46% below the national average of $1,163/month.
What is the unemployment rate in Colon?
The unemployment rate in Colon, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Colon, NE a good place to live?
Colon offers a moderate cost of living, affordable housing, and a strong job market. With a population of 134 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Colon, NE?
12.6% of residents in Colon aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Colon?
Key cost-of-living indicators for Colon, NE: median home value is $142,700 (42% below national), median rent is $625/month, and median household income is $60,625. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Colon?
The poverty rate in Colon, NE is 10.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Colon, NE?
Colon's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.