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The total population of Colon is estimated to be 1,391 with 715 males (51.40%) and 676 females (48.60%). There are 39 less females than males in Colon.
The median household income in Colon was $54,625 in 2021, which marked an an increase of 648(1.20%) from $53,977 in 2020. This income is 73.22% 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, Colon sees its highest median household income among householders in the age group of under 25 years old, at $78,470. Overall, the median household income for the village of Colon stands at $54,625.
In Colon, the median income for all workers aged 15 years and older, regardless of work hours, was $40,534 for males and $25,795 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,742 for males and $35,994 for females.
In Colon, population is primarily represented by White households, reporting a median income of $54,625.
In 2022, the population of Colon was 1,200, a 0.33% decrease year-by-year from 2021. Previously, in 2021, Colon's population was 1,204, a decline of 0.58% compared to a population of 1,211 in 2020.
The median age in Colon, MI is 35.5, as per 2021 ACS 5-Year Estimates. Of the total population, 22.66% were under the age of 15, 22.22% aged 15 to 29, 36.31% aged 30 to 64, 17.67% aged 65 to 84, and 1.14% were 85 years of age and older.
Racial distribution of Colon population: 94.66% are White, 0.44% are Black or African American, 0.26% are Asian and 4.64% are multiracial.