Colona
Colona city, Illinois
Let me paint you a picture of Colona, Illinois, a hidden gem nestled in the heartland. This charming community of just over 5,400 residents offers a refreshingly affordable lifestyle, a stark contrast to the national median home value of around $350,000. Here, you'll find homes averaging a mere $136,500, making homeownership a realistic dream rather than a distant aspiration. Colona radiates a small-town warmth, where neighbors know each other and the pace of life allows you to savor each day. Itβs a place where you can truly unwind and enjoy the simple pleasures, all while keeping your wallet happy.
From an investment perspective, Colona presents a compelling opportunity. While the median household income hovers around $64,375, slightly below the national average, the incredibly low housing costs create a favorable environment for those seeking a high quality of life on a budget. The community is ideal for first-time homebuyers, retirees looking to downsize, and anyone seeking a safe, friendly environment away from the hustle and bustle of city life. With its close-knit community vibe, Colona fosters a sense of belonging and offers a tranquil lifestyle, making it a perfect place to put down roots and build a future.
Colona, Illinois at a Glance
Colona is a city in Colona city, Illinois with a population of approximately 5,404. The median home value is $136,500 and the median household income is $64,375.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $816 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$136,500
Median Income
$64,375
Population
5,404
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 5,404
- Median Age
- N/A
- Median Household Income
- $64,375
14% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 5.7%
54% below nat'l avg
- Median Home Value
- $136,500
52% below nat'l avg
- Median Rent
- $816
30% below nat'l avg
- Homeownership Rate
- 81.4%
24% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 3.4%
8% below nat'l avg
- Poverty Rate
- 5.7%
54% below nat'l avg
Political Landscape
β Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Colona
Colona Days
Annual community festival with food, games, and entertainment.
Rock Island County Fair
A traditional county fair with agricultural exhibits, rides, and entertainment.
Quad City Air Show
An air show featuring aerial performances and static displays.
Bix Beiderbecke Memorial Jazz Festival
A jazz festival held in nearby Davenport, Iowa, celebrating the life and music of Bix Beiderbecke.
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