49040 Zip Code

April 20, 2024

Zip Code:	49040
City/Town:	Colon
State:	Michigan

Population:	3,388
Per Capita Income:	$20,310
Mean Household Income:	$54,328

Total Housing Units:	1,327
Median Home Value:	$83,400
Median Year Homes Built:	1961

Land Area:	40.1 sq miles 103.9 sq kilometers
Water Area:	2.4 sq miles 6.2 sq kilometers

Population Information (49040 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

3,388

Male:

1,685

49.7%

49.2%

Female:

1,703

50.3%

50.8%

Median Age:

41.3 yrs

37.2 yrs

Under 5 years:

216

6.4%

6.5%

5 to 9 years:

229

7.1%

6.6%

10 to 19 years:

473

14.0%

13.8%

20 to 29 years:

351

10.4%

13.8%

30 to 39 years:

368

10.9%

13.0%

40 to 49 years:

447

13.2%

14.2%

50 to 59 years:

504

14.9%

13.6%

60 to 69 years:

451

13.3%

9.4%

70 to 79 years:

201

5.9%

5.4%

80 years and over:

148

4.4%

3.7%

Housing Information (49040 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$83,400

$119,600

Median year homes build:

1961

1971

Median real estate taxes:

$811 / yr.

$1,334 / yr.

Median rent:

$337 / mo.

$519 / mo.

Total households:

1,327

Family households:

911

68.7%

66.4%

Nonfamily households:

416

31.3%

33.6%

Households with individuals under 18 years:

399

30.1%

33.4%

Households with individuals 65 years and over:

398

30.0%

24.9%

Average household size:

2.6

Average family size:

3.1

Total housing units:

1,893

Occupied housing units:

1,327

70.1%

88.6%

Vacant housing units:

566

29.9%

11.4%

For rent:

2.0%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.0%

1.4%

Sold, not occupied:

1.2%

0.3%

For seasonal, recreational, or occasional use:

421

22.2%

3.5%

All other vacants:

3.4%

2.8%

Homeowner vacancy rate:

1.7%

2.4%

Rental vacancy rate:

12.9%

9.2%

Owner-occupied housing units:

1,080

Population in owner-occupied housing units:

2,797

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

247

Population in renter-occupied housing units:

591

Average household size of renter-occupied units:

2.4

2.44

Educational Attainment (49040 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,314

Less than 9th grade:

199

8.6%

6.2%

9th to 12th grade, no diploma:

454

19.6%

8.7%

High school graduate (includes equivalency):

816

35.3%

29.0%

Some college, no degree:

546

23.6%

20.6%

Associate degree:

3.5%

7.5%

Bachelor's degree:

146

6.3%

17.6%

Graduate or professional degree:

3.1%

10.3%

Percent high school graduate or higher:

71.8%

85.0%

Percent bachelor's degree or higher:

9.4%

27.9%

Income Information (49040 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

1,303

38.5%

50.4%

Median income:

$24,985 / yr.

$27,932 / yr.

Full-time, year-round workers:

674

19.9%

59.7%

Median income:

$34,079 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,168

34.5%

49.6%

Median income:

$15,099 / yr.

$16,327 / yr.

Full-time, year-round workers:

421

12.4%

40.3%

Median income:

$22,303 / yr.

$28,135 / yr.

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