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Colony, Alabama

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
343
Population
$42,386
Median Income
$48,600
Home Value
40.5
Median Age

Demographics

Colony has a population of 343 with a median age of 40.5. Here is the racial and ethnic breakdown of the population:

Black
89.5%
Other
7.0%
White
2.6%
Asian
0.9%
Demographic Value
Total Population343
Median Age40.5
White2.6%
Black or African American89.5%
Asian0.9%
Other / Two or More Races7.0%
Colony, Alabama — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Black: 89.5%Other: 7.0%White: 2.6%Other: 0.9%343PopulationBlackBlack89.5%OtherOther7.0%WhiteWhite2.6%OtherOther0.9%

Income & Economy

The median household income in Colony is $42,386, which is 47.4% below the national median of $80,610. The per capita income is $24,601. The poverty rate is 19.8%.

$42,386
Median Household Income
$24,601
Per Capita Income
19.8%
Poverty Rate

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Education

In Colony, 85.3% of residents age 25+ have a high school diploma or higher, and 4.0% hold a bachelor's degree or higher (0.7% with a graduate or professional degree).

HS Diploma+
85.3%
Bachelor's+
4.0%
Graduate+
0.7%
Education Level % of Adults (25+)
High School Diploma or Higher85.3%
Bachelor's Degree or Higher4.0%
Graduate or Professional Degree0.7%

Housing

The median home value in Colony is $48,600, below the national median of $303,400. The median monthly rent is $625. The homeownership rate is 84.6%.

$48,600
Median Home Value
$625/mo
Median Rent
84.6%
Homeownership Rate
Housing Metric Value
Median Home Value$48,600
Median Monthly Rent$625
Homeownership Rate84.6%
Vacancy Rate14.6%

Salaries in Alabama

Explore salary data for popular occupations in Alabama:

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Other Cities in Alabama

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Frequently Asked Questions

What is the population of Colony, Alabama?
The population of Colony, Alabama is 343 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Colony, Alabama?
The median household income in Colony, Alabama is $42,386. This is 47.4% below the national median of $80,610.
What is the median home value in Colony, Alabama?
The median home value in Colony, Alabama is $48,600. The median monthly rent is $625.
What percentage of people in Colony have a college degree?
In Colony, Alabama, 4.0% of adults age 25 and older hold a bachelor's degree or higher, and 85.3% have a high school diploma or higher.
Is Colony, Alabama an affordable place to live?
The home price-to-income ratio in Colony, Alabama is 1.1x (median home value $48,600 vs. median income $42,386), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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