The city of Colo is located in the county of Story. It covers a total area of 2.75 sq. km. Businesses related to supplies of art materials, auto dealership of used and new cars, supplies of auto parts, supplies of camping equipments, freight forwarding, contracting in heating and ventilating, shipping services, dealership of recreational vehicles and contracting in remodeling and repairing, contribute to the economic development of the city. Commercial spaces are utilized by parks, libraries and financial institutions.