Colon, MI · standard

ZIP Code 49040

St. Joseph County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

3,388
33/sq mi Moderate-density area
$64,306
Median income Near-median income area
$169,900
Median home value Near-median home value
14.3%
Bachelor's or higher Below-average bachelor's attainment

National ZIP placement

Colon pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.

37th pct
household income, US ZIPs
34th pct
home value, US ZIPs
33
people per sq mi
81%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 49040 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 49040 (Colon, MI) rose +19.6% from 2023 to 2024. The all-transactions index moved from 193.5 in 2023 to 231.4 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 49040 covers 103.9 square miles in Colon, St. Joseph County, Michigan (a standard USPS delivery area), with a modest 3,388 residents on file, a density of 33 people per square mile, in the Detroit time zone.

ZIP 49040 reports a modest median household income of $64,306 (12% below the average Michigan ZIP), while per-capita income is $32,325. The poverty rate is 11.4%, with unemployment at 3.5%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $169,900 (23% below the average Michigan ZIP), and median rent is $791; owner occupancy is 81.0%.

Formal educational attainment runs low here: just 14.3% of adults hold a bachelor's degree or higher, the median age is 42.4, and the average commute is 21 minutes. The page also surfaces 8 ZIP codes within roughly 10 miles and 6 more in St. Joseph County, so 49040 can be compared with both its immediate and county-level context.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

View your shortlist → Compare ZIPs →

Top industries in ZIP 49040

Top 5 sectors by establishment count in Colon, MI

Which industries have the most business establishments in ZIP 49040.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 49040, Colon, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

3,388

Population

103.9

Area (sq mi)

33

People / sq mi

Detroit

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 49040?

42.4

Median Age

42.8%

Male

57.2%

Female

0.7%

Foreign-Born

White 93.9%
African American 0.5%
Asian 0.1%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.4%
Hispanic or Latino 0.3%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$64,306

Median Household Income

-12% vs state ZIP avg

$32,325

Per Capita Income

11.4%

Poverty Rate

3.5%

Unemployment Rate

21.3 min

Mean Commute Time

How ZIP 49040 ranks among Michigan ZIPs

Colon, MI household income vs. every Michigan ZIP code

Median household income among 962 reporting Michigan ZIPs (this ZIP's population is too small for a reliable national-corpus placement)

$64,306 40th percentile higher than 40% of 962 Michigan ZIPs

This ZIP $0 $200K+ every Michigan ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more Michigan ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 45.8%
Bachelor's Degree or Higher 14.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

1,889

Total Housing Units

1,319

Occupied Units

570

Vacant Units

2.57

Avg Household Size

Occupancy Type

Owner 81.0%
Renter 19.0%

$169,900

Median Home Value

-23% vs state ZIP avg

$791

Median Rent

1963

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+19.6%

YoY Change (2024)

231

HPI Index (2000 = 100)

+131%

Total Change Since 2000

Home values in ZIP 49040 have increased 19.6% over the past year (2024). Since 2000, this ZIP has seen +131% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.6% 147
2021 +10.5% 163
2022 +4.0% 169
2023 +14.3% 193
2024 +19.6% 231

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 46 business establishments in ZIP 49040, employing approximately 509 people with a combined annual payroll of $23,127,000.

46

Businesses

509

Employees

$23.1M

Annual Payroll

8

Industry Sectors

Industry Establishments % of Total
Retail trade 9 19.6%
Accommodation and food services 7 15.2%
Other services (except public administration) 6 13.0%
Construction 5 10.9%
Health care and social assistance 4 8.7%
Manufacturing 3 6.5%
Finance and insurance 3 6.5%
Professional, scientific, and technical services 3 6.5%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 49040 vs 49066 →

ZIP 49040 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 49040 ranks #3 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 49040 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 49040 ranks #6 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
49066 Leonidas, MI 722 5.0 mi
49030 Burr Oak, MI 2,523 7.4 mi
49089 Sherwood, MI 1,875 5.5 mi
49075 Nottawa, MI 121 7.0 mi
49072 Mendon, MI 3,164 7.5 mi
49011 Athens, MI 2,285 11.2 mi
49091 Sturgis, MI 19,872 11.4 mi
49028 Bronson, MI 6,387 10.9 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 49040, both outside MI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (3,388 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in St. Joseph County

Frequently Asked Questions

What county is ZIP code 49040 in?

ZIP code 49040 (Colon) is located in St. Joseph County, Michigan. St. Joseph County contains multiple ZIP codes, see the full list at /counties/st-joseph-mi.

What is the population of ZIP code 49040?

ZIP code 49040 in Colon, MI has a population of 3,388 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 49040?

The median household income in ZIP 49040 is $64,306, which is 16% below the national average of $76,288.

What is the average home value in ZIP 49040?

The median home value in ZIP 49040 is $169,900, which is 39% below the national average of $278,155.

What is the demographic makeup of ZIP 49040?

The largest racial group in ZIP 49040 is White at 93.9%. Hispanic or Latino residents make up 0.3% of the population.

How many businesses are in ZIP code 49040?

ZIP code 49040 has 46 business establishments employing approximately 509 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 49040?

The top industries by establishment count in ZIP 49040 are: Retail trade (9), Accommodation and food services (7), Other services (except public administration) (6). There are 8 industry sectors represented in total.

How have home values changed in ZIP code 49040?

According to the FHFA House Price Index, home values in ZIP 49040 increased by 19.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 131%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.

What is the education level in ZIP code 49040?

In ZIP code 49040, 45.8% of residents aged 25+ have a high school diploma or higher, and 14.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).

What is the average commute time in ZIP 49040?

The mean commute time for workers in ZIP code 49040 is 21.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.

What percentage of residents own vs. rent in ZIP 49040?

In ZIP code 49040, approximately 81.0% of occupied housing units are owner-occupied and 19.0% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 49040?

The poverty rate in ZIP code 49040 is 11.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 49040's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

Read our methodology : how this data is sourced, computed, and verified.

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What to do with ZIP 49040's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.