Colony, AL
Full City Profile · Alabama · Blount County County
2.8
/5.0
C+
Fair
261
Population
121/sq mi density
$43,750
Median Income
$25,128 per capita
$60,800
Home Value
$146,360 Zillow
$638
Median Rent
51.0% income on rent
60°F
Avg Temperature
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$43,750 median income, 8.8% unemployment
A+
Affordability
5.0 / 5.0
$60,800 home value, $638/mo rent
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher
Housing Overview
Median Home Value
$60,800
78% below
US avg: $281,900
Median Rent
$638/mo
45% below
US avg: $1,163/mo
Homeownership Rate
80.0%
22% above US avg (65.4%)
Total Housing Units
126
Median year built: 1979
Home Value by Source
Census Median
$60,800
Zillow (ZHVI)
$146,360
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.0%
Owner-Occupied
20.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent:
$638/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
80.0%
Complete Housing Data
Home Values
| Census Median Value | $60,800 |
| Zillow Home Value (ZHVI) | $146,360 |
Rent
| Census Median Rent | $638 |
| FMR Studio | $716 |
| FMR 1-Bedroom | $772 |
| FMR 2-Bedroom | $936 |
| FMR 3-Bedroom | $1,206 |
| FMR 4-Bedroom | $1,381 |
Market
Ownership & Stock
| Owner-Occupied | 80.0% |
| Renter-Occupied | 20.0% |
| Homeownership Rate | 80.0% |
| Total Housing Units | 126 |
| Median Year Built | 1979 |
| Rent Burden | 51.0% |