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Colona

Learn about the people, housing, costs and businesses in Colona, Colorado

Median Home$722,858
Median Rent$2,336/month
Population35
Leading IndustriesConstruction · Agriculture & Mining · Retail13% construction
Home Value Growth⬆⬆⬆+42.1% over 2 years
Retirees28% of residentswell above average
Homeowners90% of occupied units
NotableHigh Incomes$89k/year · top 25% nationally
Colona
CO

Frequently Asked Questions

What are today's mortgage rates in Colona?

As of today, the 30-year fixed mortgage rate for Colona is approximately 6.990% (7.032% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Colona?

The median home value in Colona is $723k. The median monthly rent is $2,336. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colona?

Home values in Colona have increased 42.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Colona?

Based on a typical all-in ownership cost of $1,489/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Colona is $89k/year.

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What industries drive the economy in Colona?

The largest employment sectors in Colona are public administration (22%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.