Colony Park, PA
Population 1,125 · Pennsylvania
About Colony Park, PA
Colony Park is a small town located in Pennsylvania with a population of 1,125 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,229 per year, which is 11% above the national median of $75,149. The median age of 46.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Colony Park features a median home value of $302,700, which is 24% above the national median of $244,900. This positions Colony Park in a moderately priced market relative to the rest of the country. Median monthly rent is $1,527, 31% above the national average of $1,163/month. Of the 521 total housing units, 84% are owner-occupied (436 units) and 16% are renter-occupied (85 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Colony Park 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Colony Park have an average one-way commute time of 25 minutes.
Education & Demographics
54.3% of Colony Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.5% White, 0.4% Hispanic or Latino, 2.0% Black or African American, and 1.2% Asian residents, with 19.5% of the population being foreign-born.
Cost of Living in Colony Park, PA
Compared to national averages, Colony Park has a median household income of $83,229 (11% above the national median of $75,149). Home values average $302,700, which is 24% above the national median. Monthly rent at $1,527 is 31% above the US average of $1,163. Within Pennsylvania, Colony Park's income is 13% above the state average of $73,376, and home values are 59% above the state median of $190,903.
Why Live in Colony Park, PA?
Colony Park offers a strong local economy with a median household income of $83,229, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 54.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Colony Park has a population of 1,125 with a median age of 46.1 years. Compare Colony Park with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Colony Park
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ellport | 1,125 | $77,639 | $154,800 | Compare |
| South Waverly | 1,125 | $83,750 | $158,200 | Compare |
| Bally | 1,129 | $75,000 | $232,100 | Compare |
| Claysburg | 1,120 | $54,453 | $146,300 | Compare |
| Hilldale | 1,131 | $97,713 | $215,600 | Compare |
| Bobtown | 1,117 | $49,125 | $55,700 | Compare |
| Clymer | 1,133 | $43,750 | $74,800 | Compare |
| Dunnstown | 1,117 | $84,583 | $204,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Colony Park With Other Cities
Frequently Asked Questions about Colony Park
What is the population of Colony Park, PA?
The population of Colony Park, PA is 1,125 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Colony Park?
The median household income in Colony Park, PA is $83,229 per year, which is 11% above the national median of $75,149.
What is the median home value in Colony Park?
The median home value in Colony Park, PA is $302,700, which is 24% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Colony Park?
The median monthly rent in Colony Park, PA is $1,527, which is 31% above the national average of $1,163/month.
What is the unemployment rate in Colony Park?
The unemployment rate in Colony Park, PA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Colony Park, PA a good place to live?
Colony Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,125 and a median age of 46.1, the city appeals to established professionals and retirees.
How educated is Colony Park, PA?
54.3% of residents in Colony Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Colony Park?
Key cost-of-living indicators for Colony Park, PA: median home value is $302,700 (24% above national), median rent is $1,527/month, and median household income is $83,229. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Colony Park?
The poverty rate in Colony Park, PA is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Colony Park, PA?
Colony Park's population is 1.5% White, 0.4% Hispanic or Latino, 2.0% Black or African American, 1.2% Asian, and 3.0% two or more races. 19.5% of residents are foreign-born.