Median Income
$51,176
household / year
Median Home Value
$143,900
owner-occupied
Median Rent
$784
gross / month
Cost of Living
90
national avg = 100

Is Colby, WI a Good Place to Live?

Colby is a small town of 2,132 in Wisconsin, with a median household income of $51,176 and a 3.9% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Colby 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 Colby is right for you depends on your priorities — the full breakdown is below.

All Colby 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: 90.1

Colby's overall cost of living index is 90.1, where 100 represents the US national average. Living in Colby costs roughly 10% less than the average American city.

Metric Colby, WI National Avg
Median Home Value $143,900 $244,900
Median Monthly Rent $784 $1,163
Homeownership Rate 61.4% 65.9%
Median Household Income $51,176 $74,755

Crime & Safety

Very Safe

Colby's violent crime rate is 134.9 per 100,000 residents — 64% lower than the national average of ~380 per 100,000.

Violent Crime
134.9 /100k
Property Crime
556.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Colby is served primarily by Colby School District. The student-to-teacher ratio is 14.3:1 (better than the national average of ~16:1).

Metric Colby, WI National Avg
School District Colby School District
Elementary Schools 1
Middle Schools 1
High Schools 1
Student/Teacher Ratio 14.3:1 16:1
Bachelor's Degree or Higher 14.7% 35.4%
High School Diploma or Higher 83.7% 91.1%

Weather & Climate

Colby sees average highs of 21.1°F in January and 78.9°F in July, with 34.2 inches of annual precipitation and 51.0 inches of snow per year.

MetricColby, WI
Average High — January21.1°F
Average High — July78.9°F
Annual Precipitation34.2"
Annual Snowfall51.0"

Demographics

MetricColby, WINational Avg
Population2,132
Median Age38.238.9
Unemployment Rate3.9%3.7%
Avg Commute Time20.2 min26 min
White (non-Hispanic)83.0%59.3%
Black or African American0.1%13.6%
Hispanic or Latino14.3%18.9%
Asian0.3%6.3%
Under 1827.3%22.2%
65 and over21.7%16.8%

Nearby Cities

ZIP Codes in Colby

Colby, WI is covered by 1 ZIP code:

Colby vs Other Cities

Frequently Asked Questions

Colby's cost of living index is 90, where 100 is the national average. That makes Colby roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $143,900 and median rent is $784/month.
Colby's violent crime rate is 134.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 556.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Colby are operated by Colby School District. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 14.3:1. 14.7% of adults 25+ hold a bachelor's degree or higher.
Colby, WI has a population of 2,132, a median household income of $51,176, and an unemployment rate of 3.9%. 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.
Colby averages 21.1°F in January and 78.9°F in July. Annual rainfall is 34.2 inches with about 51.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Colby, WI is covered by 1 ZIP code: 54421.
The population of Colby, Wisconsin is 2,132 with a median age of 38.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Colby: cost of living index 90 (100 = US average), median home $143,900, median household income $51,176, crime index 32 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Colby side by side with your current city to see the trade-offs.