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Alabama · Census place 16684

Colony town, AL

Quick answer

Colony town has 261 residents, ranking #485 of 593 places in Alabama. Median household income is $43,750, the median home is worth $60,800 and median gross rent runs $638 a month.

Population
261Colony town residents
Median household income
$43,750Past 12 months, inflation adjusted
Median home value
$60,800Owner-occupied units
Median gross rent
$638Rent plus utilities, monthly
Median age
42.2 yrsAll residents
Homeownership rate
80%Owner-occupied households

What the numbers mean in Colony town

Housing cost measured against local earnings.

A household earning the Colony town median would spend about 17.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.2% of residents and 80% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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