Last updated: 2024 BLS data · Page refreshed:
Colby has a population of 5,387 with a median age of 32.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 5,387 |
| Median Age | 32.3 |
| White | 87.3% |
| Black or African American | 1.4% |
| Hispanic or Latino | 9.1% |
| Other / Two or More Races | 2.2% |
The median household income in Colby is $63,494, which is 21.2% below the national median of $80,610. The per capita income is $33,422. The poverty rate is 8.0%.
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In Colby, 93.7% of residents age 25+ have a high school diploma or higher, and 37.0% hold a bachelor's degree or higher (9.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.7% |
| Bachelor's Degree or Higher | 37.0% |
| Graduate or Professional Degree | 9.8% |
The median home value in Colby is $163,000, below the national median of $303,400. The median monthly rent is $750. The homeownership rate is 67.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $163,000 |
| Median Monthly Rent | $750 |
| Homeownership Rate | 67.1% |
| Vacancy Rate | 13.5% |
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