The median household income in Colchester, IL in 2022 was $55,624, which was 37.9% less than the median annual income of $76,708 across the entire state of Illinois. Compared to the median income of $31,283 in 2000 this represents an increase of 43.8%. The per capita income in 2022 was $30,545, which means an increase of 49.7% compared to 2000 when it was $15,354.
Whole page based on the data from 2000 / 2022 when the population of Colchester, Illinois was 1,493 / 1,105
Income statistics for all residents
Median household income in Colchester, IL in 2022:
Colchester:
$55,624
Illinois:
$76,708
Change in median household income between 2000 and 2022:
Colchester, Illinois:
+77.8%
Illinois:
+64.6%
Number of households with income < $10k:
Colchester:
5.1% (28)
State:
5.9% (296,090)
Number of households with income $10k - 20k:
Colchester:
15.6% (86)
Illinois:
6.6% (333,259)
Number of households with income $20k - 30k:
Colchester:
9.1% (50)
Illinois:
6.8% (342,921)
Number of households with income $30k - 40k:
Colchester:
12.4% (68)
State:
7.0% (355,254)
Number of households with income $40k - 50k:
Colchester:
2.9% (16)
Illinois:
6.7% (340,678)
Number of households with income $50k - 60k:
Colchester:
11.8% (65)
State:
6.7% (339,405)
Number of households with income $60k - 75k:
Colchester:
10.2% (56)
State:
9.2% (465,709)
Number of households with income $75k - 100k:
Colchester:
20.2% (111)
State:
12.9% (651,353)
Number of households with income $100k - 125k:
Colchester:
3.5% (19)
State:
10.3% (522,359)
Number of households with income $125k - 150k:
Colchester:
4.0% (22)
Illinois:
7.3% (367,136)
Number of households with income $150k - 200k:
Colchester:
0.7% (4)
Illinois:
9.0% (455,249)
Number of households with income > $200k:
Colchester:
4.5% (25)
State:
11.6% (586,947)
Aggregate household income in Colchester in 2022: $33,949,274
Median family income in Colchester in 2022:
Colchester:
$59,406
State:
$96,948
Number of families with income < $10k:
Colchester:
0.4% (1)
Illinois:
3.4% (105,875)
Number of families with income $10k - 20k:
Colchester:
2.2% (7)
Illinois:
3.3% (105,017)
Number of families with income $20k - 30k:
Colchester:
8.4% (25)
State:
4.7% (146,403)
Number of families with income $30k - 40k:
Colchester:
16.0% (48)
State:
5.3% (167,069)
Number of families with income $40k - 50k:
Colchester:
7.5% (23)
State:
5.8% (181,164)
Number of families with income $50k - 60k:
Colchester:
13.9% (42)
State:
6.1% (191,561)
Number of families with income $60k - 75k:
Colchester:
10.5% (32)
Illinois:
9.0% (282,985)
Number of families with income $75k - 100k:
Colchester:
24.4% (74)
State:
13.8% (432,725)
Number of families with income $100k - 125k:
Colchester:
9.8% (30)
State:
11.9% (373,296)
Number of families with income $125k - 150k:
Colchester:
5.0% (15)
Illinois:
8.9% (279,791)
Number of families with income > $200k:
Colchester:
2.0% (6)
State:
15.9% (500,033)
Median non-family income in Colchester in 2022:
Colchester:
$27,666
State:
$46,533
Change in median non-family income between 2000 and 2022:
Colchester, Illinois:
+64.3%
Illinois:
+64.0%
Median per capita income in Colchester in 2022:
Colchester:
$30,546
State:
$43,317
Change in median per capita income between 2000 and 2022:
Colchester, Illinois:
+98.9%
State:
+87.5%
Income statistics for White residents
Median household income in Colchester, IL in 2022:
Colchester:
$55,851
State:
$83,346
Change in median household income between 2000 and 2022:
Colchester, Illinois:
+78.7%
State:
+67.5%
Number of households with income < $10k:
Colchester:
5.0% (26)
Illinois:
4.5% (149,895)
Number of households with income $10k - 20k:
Colchester:
15.4% (80)
State:
5.5% (184,529)
Number of households with income $20k - 30k:
Colchester:
9.2% (48)
State:
6.1% (205,767)
Number of households with income $30k - 40k:
Colchester:
12.5% (65)
Illinois:
6.7% (225,572)
Number of households with income $40k - 50k:
Colchester:
2.9% (15)
State:
6.5% (216,965)
Number of households with income $50k - 60k:
Colchester:
11.9% (62)
Illinois:
6.6% (222,841)
Number of households with income $60k - 75k:
Colchester:
10.4% (54)
State:
9.3% (312,758)
Number of households with income $75k - 100k:
Colchester:
19.8% (103)
State:
12.9% (433,180)
Number of households with income $100k - 125k:
Colchester:
3.5% (18)
Illinois:
10.7% (360,753)
Number of households with income $125k - 150k:
Colchester:
4.0% (21)
Illinois:
7.9% (266,532)
Number of households with income $150k - 200k:
Colchester:
0.8% (4)
State:
10.0% (337,357)
Number of households with income > $200k:
Colchester:
4.6% (24)
State:
13.3% (446,069)
Aggregate household income in Colchester in 2022: $32,312,124
Median family income in Colchester in 2022:
Colchester:
$60,303
State:
$107,938
Number of families with income $10k - 20k:
Colchester:
2.2% (6)
Illinois:
2.5% (50,574)
Number of families with income $20k - 30k:
Colchester:
8.4% (23)
State:
3.5% (70,927)
Number of families with income $30k - 40k:
Colchester:
16.1% (45)
State:
4.4% (90,563)
Number of families with income $40k - 50k:
Colchester:
7.2% (20)
State:
5.0% (102,597)
Number of families with income $50k - 60k:
Colchester:
14.3% (40)
Illinois:
5.8% (119,129)
Number of families with income $60k - 75k:
Colchester:
10.6% (29)
State:
8.8% (179,665)
Number of families with income $75k - 100k:
Colchester:
24.1% (67)
State:
13.5% (276,887)
Number of families with income $100k - 125k:
Colchester:
10.0% (28)
Illinois:
12.5% (256,099)
Number of families with income $125k - 150k:
Colchester:
5.2% (14)
State:
9.8% (199,855)
Number of families with income > $200k:
Colchester:
2.0% (6)
State:
18.6% (381,354)
Median non-family income in Colchester in 2022:
Colchester:
$28,129
State:
$50,934
Change in median non-family income between 2000 and 2022:
Colchester, Illinois:
+67.1%
State:
+70.7%
Median per capita income in Colchester in 2022:
Colchester:
$31,586
Illinois:
$50,738
Change in median per capita income between 2000 and 2022:
Colchester, Illinois:
+105.0%
State:
+95.5%
Income statistics for Hispanic or Latino residents
Aggregate household income in Colchester in 2022: $748,208
Median per capita income in Colchester in 2022:
Colchester:
$13,077
Illinois:
$26,551
Change in median per capita income between 2000 and 2022:
Colchester, Illinois:
+88.8%
State:
+111.0%
Income statistics for Multirace residents
Median per capita income in Colchester in 2022:
Colchester:
$14,203
State:
$29,285
Change in median per capita income between 2000 and 2022:
Colchester, Illinois:
+65.8%
Illinois:
+112.9%
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