The Basic Stats: Colchester, Illinois

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The typical family unit size in Colchester, IL is 3.19 familyThe typical family unit size in Colchester, IL is 3.19 family members, with 81.3% owning their particular houses. The average home cost is $67104. For those people renting, they spend on average $663 per month. 48.6% of homes have two sources of income, and a median household income of $43164. Median individual income is $25740. 13.8% of town residents live at or below the poverty line, and 11.1% are disabled. 11.6% of residents are ex-members for the military.

The work force participation rate in Colchester is 68.4%, with an unemployment rate of 9.6%. For those of you in the labor pool, the common commute time is 20.6 minutes. 4.9% of Colchester’s population have a graduate degree, and 15.4% posses a bachelors degree. Among the people without a college degree, 24.8% have at least some college, 45.1% have a high school diploma, and just 9.8% possess an education less than twelfth grade. 3.3% are not covered by medical insurance.