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The total population of Colchester town is estimated to be 1,847 with 1,001 males (54.20%) and 846 females (45.80%). There are 155 less females than males in Colchester town.
The median household income in Colchester town was $65,755 in 2021, which marked an a decrease of 946(1.42%) from $66,701 in 2020. This income is 88.14% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Colchester town sees its highest median household income among householders in the age group of 45 to 64 years old, at $92,013. Overall, the median household income for the town of Colchester town stands at $65,755.
In Colchester town, the median income for all workers aged 15 years and older, regardless of work hours, was $43,267 for males and $27,650 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,114 for males and $47,370 for females.
In Colchester town, population is primarily represented by White households, reporting a median income of $66,463.
In 2022, the population of Colchester town was 1,794, a 0.11% increase year-by-year from 2021. Previously, in 2021, Colchester town's population was 1,792, an increase of 1.24% compared to a population of 1,770 in 2020.
The median age in Colchester, New York is 47.5, as per 2021 ACS 5-Year Estimates. Of the total population, 17.89% were under the age of 15, 13.42% aged 15 to 29, 42.95% aged 30 to 64, 20.89% aged 65 to 84, and 4.84% were 85 years of age and older.
Racial distribution of Colchester town population: 93.47% are White, 4.63% are Black or African American, 0.32% are American Indian and Alaska Native, 0.37% are some other race and 1.21% are multiracial.