Colby, Wisconsin Unemployment

Colby, Wisconsin has a population of 711, with a median household income of $45,218.

Current unemployment data for Colby.

5.50%

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Population

711

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Median Income

$45,218

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Unemployment

5.50%

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Housing Price

$184,500

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Crime Rate

6.70

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Internet Speed

60.00 Mbps

Colby is a small local community located in Wisconsin. The city has a population that is below the average city population in Wisconsin, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Colby is a notable city in Wisconsin, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Colby has a population of 711, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Colby is $45,218, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Colby is about $184,500, making it relatively affordable compared to many cities in Wisconsin.

Employment and Safety

The unemployment rate in Colby is 5.50%, which is lower than the state average, indicating a relatively strong job market. Colby has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Wisconsin, Colby shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Colby continues to play a role in shaping regional trends in Wisconsin, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Colby

What is the population of Colby?

The population of Colby is approximately 711.

Is Colby a good place to live?

Colby offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Colby?

The median household income in Colby is around $45,218.

How expensive is housing in Colby?

The average housing price in Colby is approximately $184,500.