Colon is a village in Saunders County, Nebraska, United States. The population was 138 at the 2000 census. The community was named after Colon, Michigan.
Colon is located at 41°17′52″N 96°36′24″W / 41.29778°N 96.60667°W / 41.29778; -96.60667 (41.297761, -96.606757).
According to the United States Census Bureau, the village has a total area of 0.1 square miles (0.3 km²), all of it land.