Median Income
$56,875
household / year
Median Home Value
$78,900
owner-occupied
Median Rent
$769
gross / month
Cost of Living
90
national avg = 100

Is Colchester, IL a Good Place to Live?

Colchester is a small town of 1,120 in Illinois, with a median household income of $56,875 and a 4.2% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Colchester stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Colchester is right for you depends on your priorities — the full breakdown is below.

All Colchester city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.9

Colchester's overall cost of living index is 89.9, where 100 represents the US national average. Living in Colchester costs roughly 10% less than the average American city.

Metric Colchester, IL National Avg
Median Home Value $78,900 $244,900
Median Monthly Rent $769 $1,163
Homeownership Rate 73.0% 65.9%
Median Household Income $56,875 $74,755

Crime & Safety

Crime data for Colchester is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Colchester is served primarily by West Prairie CUSD 103. The student-to-teacher ratio is 10.6:1 (better than the national average of ~16:1).

Metric Colchester, IL National Avg
School District West Prairie CUSD 103 —
Elementary Schools 2 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 10.6:1 16:1
Bachelor's Degree or Higher 19.3% 35.4%
High School Diploma or Higher 89.9% 91.1%

Weather & Climate

Colchester sees average highs of 31.8°F in January and 84.6°F in July, with 39.7 inches of annual precipitation and 10.5 inches of snow per year.

MetricColchester, IL
Average High — January31.8°F
Average High — July84.6°F
Annual Precipitation39.7"
Annual Snowfall10.5"

Demographics

MetricColchester, ILNational Avg
Population1,120—
Median Age41.038.9
Unemployment Rate4.2%3.7%
Avg Commute Time16.7 min26 min
White (non-Hispanic)98.8%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1818.4%22.2%
65 and over20.2%16.8%

Nearby Cities

ZIP Codes in Colchester

Colchester, IL is covered by 1 ZIP code:

Colchester vs Other Cities

Frequently Asked Questions

Colchester's cost of living index is 90, where 100 is the national average. That makes Colchester roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $78,900 and median rent is $769/month.
Crime data for Colchester is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Colchester are operated by West Prairie CUSD 103. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 10.6:1. 19.3% of adults 25+ hold a bachelor's degree or higher.
Colchester, IL has a population of 1,120, a median household income of $56,875, and an unemployment rate of 4.2%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Colchester averages 31.8°F in January and 84.6°F in July. Annual rainfall is 39.7 inches with about 10.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Colchester, IL is covered by 1 ZIP code: 62326.
The population of Colchester, Illinois is 1,120 with a median age of 41.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Colchester: cost of living index 90 (100 = US average), median home $78,900, median household income $56,875, schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Colchester side by side with your current city to see the trade-offs.