Housing data for Colona Township, IL

Colona Township, IL has an estimated 6,633 residents and 2,776 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Henry County.

17.3% of households rent.

The median gross rent is $838 a month.

Its population shrank measurably since 2015–2019 (−1.9%).

Figures last updated on .

Residents
6,633 (±17)
Housing units
2,776 (±194)
Households that rent
17.3%
Median gross rent
$838
Residents since 2015–2019
−1.9%

What stands out in Colona Township

Renters paying 30% or more of income: 0.0% (±11.5 points) in Colona Township, lower than in Henry County (40.1%).

Homes in buildings of 5 or more units: 0.0% (±2.3 points) in Colona Township, lower than in Henry County (5.0%).

Households without a vehicle: 1.9% (±1.8 points) in Colona Township, lower than in Henry County (6.6%).

Median real estate taxes: $3,789 (±$337) in Colona Township, higher than in Henry County ($3,016).

Housing in Colona Township at a glance

Colona Township against Henry County, its state and the nation

Estimate (90% margin of error)
Colona TownshipHenry CountyIllinoisUnited States
Residents6,633 (±17)48,643 (exact)12,694,798 (exact)334,922,499
Housing units2,776 (±194)22,210 (±40)5,457,452 (±471)143,775,355
Households that rent17.3% (±7.8 points)20.1% (±1.8 points)32.9% (±0.2 points)34.8%
Median gross rent$838 (±$148)$842 (±$44)$1,274 (±$5)$1,413
Median household income$83,769 (±$7,696)$71,911 (±$2,277)$83,390 (±$362)$80,734
Median home value$177,100 (±$23,168)$151,600 (±$6,905)$263,300 (±$797)$332,700
Median real estate taxes (a year)$3,789 (±$337)$3,016 (±$139)$5,298 (±$22)$3,119
Built before 198068.7% (±12.8 points)79.3% (±3.5 points)63.4% (±0.2 points)49.7%
Average commute22.8 minutes (±2.3)22.2 minutes (±1.0)27.8 minutes (±0.1)26.4 minutes
Households with broadband94.6% (±3.3 points)86.7% (±1.7 points)90.8% (±0.1 points)91.0%
Median age of residents43.0 years (±2.9)43.6 years (±0.3)39.0 years (±0.1)38.9 years

Colona Township covers 28.9 square miles of land, about 229 residents per square mile (Census Bureau Gazetteer).

How Colona Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents6,761 (±25)6,633 (±17)−1.9%Measurable decrease
Housing units2,983 (±193)2,776 (±194)−6.9%Not a measurable change
Median gross rent$870 (±$111)$838 (±$148)−3.7%Down after inflation
Median home value$150,900 (±$13,487)$177,100 (±$23,168)+17.4%No measurable change after inflation
Median household income$73,093 (±$5,579)$83,769 (±$7,696)+14.6%No measurable change after inflation
Median owner cost with a mortgage$1,159 (±$95)$1,515 (±$179)+30.7%No measurable change after inflation
Median real estate taxes$3,136 (±$240)$3,789 (±$337)+20.8%No measurable change after inflation
Households that rent12.9% (±5.0 points)17.3% (±7.8 points)+4.4 percentage pointsNot a measurable change
Rental vacancy rate19.5% (±19.2 points)0.0% (±8.1 points)−19.5 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

ZIP codes in Colona Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
6124158%6,587$838$165,900$80,000
6124046%5,795—$237,000$113,220

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Colona Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Colona2.4 mi$838$147,50022.3%
Carbon Cliff3.4 mi$1,034$134,60046.9%
Coal Valley3.8 mi—$215,7007.2%
Silvis3.8 mi$965$161,60042.0%
Cleveland4.4 mi—$178,8007.0%
East Moline4.8 mi$868$134,60035.6%
Edford Township5.0 mi—$296,8006.8%
Hampton Township5.3 mi$949$157,10034.3%

Places in Illinois most like Colona Township

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Brimfield Township$900$157,700$81,25015.6%
Okawville$783$160,700$84,41716.6%
Illiopolis Township$825$138,300$83,00014.0%
Carlyle Township$991$168,000$87,91719.2%
Wapella Township$782$215,300$86,25014.3%
Hampton$941$184,900$90,40613.4%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.

HUD Fair Market Rent for Colona Township, fiscal year 2027

Davenport-Moline-Rock Island, IA-IL MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$787$852$1,056$1,396$1,697

HUD income limits for Colona Township, fiscal year 2026

Davenport-Moline-Rock Island, IA-IL MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$20,500$34,150$54,600
2 people$23,400$39,000$62,400
3 people$27,320$43,900$70,200
4 people$33,000$48,750$78,000
5 people$38,680$52,650$84,250
6 people$44,360$56,550$90,500
7 people$50,040$60,450$96,750
8 people$55,720$64,350$103,000

These are the limits HUD sets for its housing programs in the Davenport-Moline-Rock Island, IA-IL MSA, where HUD’s median family income for fiscal year 2026 is $97,500.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Colona Township

What is the average rent in Colona Township, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Colona Township is $838 (±$148) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a two-bedroom apartment in Colona Township?

The median gross rent for a two-bedroom home in Colona Township, IL is $748 (±$152) a month (2020–2024 American Community Survey).

How many renters are there in Colona Township?

Colona Township has an estimated 442 (±201) renting households, 17.3% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Colona Township?

The median household income in Colona Township is $83,769 (±$7,696) a year (2020–2024 American Community Survey).

What is the average home value in Colona Township, IL?

The Census Bureau publishes the median: $177,100 (±$23,168) for owner-occupied homes in Colona Township (2020–2024 American Community Survey).

What is the average mortgage payment in Colona Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Colona Township, IL is $1,515 (±$179) a month, including taxes, insurance and utilities.

Is Colona Township growing?

In Colona Township, the number of residents went from 6,761 in 2015–2019 to 6,633 in 2020–2024 (−1.9%), a measurable decrease.

What ZIP codes are in Colona Township?

The ZIP codes that cover Colona Township are 61241, 61240.

What is the median rent in ZIP code 61241?

The median gross rent in ZIP Code Tabulation Area 61241 is $838 (±$145) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Colona township, Henry County, Illinois (county subdivision:15677, in state:17 county:073).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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