Let Us Analyze Colo, IA

The labor pool participation rate in Colo is 70.9%, with an unemployment rate of 5.2%. For many in the labor force, the common commute time is 23.6 minutes. 4.4% of Colo’s residents have a graduate diploma, and 12.3% have earned a bachelors degree. For all those without a college degree, 34.5% have at least some college, 42.9% have a high school diploma, and only 5.9% have an education lower than senior high school. 3.7% are not covered by health insurance.

The average family size in Colo, IA is 3.08 family members, with 77.5% owning their very own dwellings. The average home cost is $118989. For those people leasing, they pay out on average $858 monthly. 65.4% of households have 2 sources of income, and a median household income of $72813. Median income is $33889. 4.2% of inhabitants exist at or beneath the poverty line, and 13.4% are considered disabled. 8.8% of residents of the town are former members associated with military.

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