Median Income
$21,563
71% lower than US avg
Home Value
$94,200
67% lower than US avg
Bachelor's+
12.2%
64% lower than US avg
Median Rent
$703
40% lower than US avg
Obesity Rate
40.2%
25% higher than US avg
Unemployment
2.8%
22% lower than US avg
Poverty Rate
39.0%
215% higher than US avg
How Colt Compares to the U.S. Average (100% = U.S. avg)
People
Population446
Median Age32.9 yrs
Density354/mi²
Male / Female42% / 58%
Largest GroupWhite 85%
Veterans2.6%
Economy
C
Median Income$21,563
Per Capita$21,873
Unemployment2.8%
Poverty39.0%
County GDP$943M
Commute18 min
Housing
A
Home Value$94,200
Rent$703
OwnershipN/A
Zillow$121,303
Rent Burden33.3%
Health
Obesity40.2%
UninsuredN/A
Depression27.8%
Heart Disease6.5%
Climate
Avg Temp62°F (17°C)
AQI43 (Good)
Rain50.6 in/yr
Elevation252 ft (77 m)
Education
D
Bachelor's+12.2%
High School+84.9%
School Score4.91
Community
2024 VoteR 49% / D 49%
Commute18 min
Broadband82.7%
Libraries1
Is Colt a Good Place to Live?
Based on current data, Colt receives an overall livability score of 2.8 out of 5.0, earning a grade of C+. Key strengths include low unemployment, affordable housing, high health insurance coverage. Areas to be aware of include an elevated poverty rate, below-average incomes, high obesity rates. Colt has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Colt is $21,563, 71% below the national average of $75,149. The job market is very strong with unemployment at just 2.8%. The poverty rate of 39.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 18 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Colt is $94,200, 67% below the national median — offering relatively affordable homeownership. Renters pay a median of $703 per month, below the national average — a plus for affordability. A price-to-income ratio of 4.4x indicates a reasonably affordable housing market.
Education
12.2% of residents hold a bachelor's degree, below the national average of 33.7%. 84.9% have completed high school. Area schools have an average test score of 4.9/10.
Climate & Weather
Colt enjoys a moderate climate with an average annual temperature of 62°F. Winters average 40°F in January while summers reach 82°F in July. Annual precipitation totals 50.6 inches. Air quality is rated Good with a median AQI of 43.
Colt has a population of 446 with a density of 354 people per square mile. The median age is 32.9 years, 15% younger than the national median of 38.9. The city is predominantly White (85.2%), with 4.7% Hispanic, 6.1% Black.
Population
32.9yrs
Median Age
15% below US avg
Language Spoken at Home
| English Only | 98.4% |
| 25% above US avg |
| Spanish | 1.6% |
| 88% below US avg |
The median household income in Colt is $21,563, which is 71% below the national average of $75,149. The unemployment rate is 2.8% (below the 3.6% US average). 39.0% of residents live below the poverty line. Workers commute an average of 18 minutes.
Income
| Median HH Income | $21,563 |
| 71% below US avg |
| Per Capita Income | $21,873 |
| Avg Weekly Wage | $934 |
| IRS Avg AGI | $44,263 |
Employment & Poverty
| Unemployment | 2.8% |
| 22% below US avg |
| Poverty Rate | 39.0% |
| 215% above US avg |
| Establishments (County) | 585 |
| County GDP | $943M |
Business (County)
| Restaurants | 40 |
| Healthcare | 68 |
| Retail | 84 |
| Manufacturing | 6 |
Tax & Cost of Living
| Property Tax (IRS) | $1,516 |
| 57% below US avg |
| Effective Tax Rate | 1.61% |
Commute & Transportation
| Commute Time | 18.1 min |
| Drive Alone | 90.2% |
| Public Transit | 0.0% |
| Work from Home | 2.6% |
The median home value in Colt is $94,200, 67% below the national average. Monthly rent averages $703 (40% below US avg). Zillow estimates the typical home value at $121,303.
Home Values
| Census Median | $94,200 |
| 67% below US avg |
| Zillow ZHVI | $121,303 |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $703 |
| 40% below US avg |
| Rent Burden | 33.3% |
HUD Fair Market Rent
| Studio | $700 |
| 1 Bedroom | $751 |
| 2 Bedrooms | $944 |
| 3 Bedrooms | $1,239 |
| 4 Bedrooms | $1,406 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $1,516 |
| 57% below US avg |
| Effective Rate | 1.61% |
In Colt, 40.2% of adults are obese (above the 32.1% national rate). 27.8% report depression. 33.5% are physically inactive.
Health Metrics: Colt vs U.S. Average (%)
Chronic Conditions
| Obesity | 40.2% |
| 25% above US avg |
| Diabetes | 11.3% |
| Heart Disease | 6.5% |
| High Blood Pressure | 36.9% |
| Asthma | 10.9% |
| COPD | 8.6% |
| Stroke | 3.6% |
Behaviors & Mental Health
| |
| Binge Drinking | 16.7% |
| Physical Inactivity | 33.5% |
| Depression | 27.8% |
| Mental Distress | 21.4% |
| Physical Distress | 16.0% |
Healthcare Access
| Insurance Rate | 94.2% |
| |
| Checkup Rate | 76.2% |
| Premature Death | 15,430/100K |
Food & Exercise
| Food Environment | 4.9/10 |
| Exercise Access | 72.5% |
| Healthcare Facilities | 68 |
Colt has an average annual temperature of 62°F (17°C). Winters average 40°F in January while summers reach 82°F in July. Annual precipitation is 50.6 inches. Air quality is rated Good with a median AQI of 43.
Temperature
40°F Jan (5°C)
82°F Jul (28°C)
| Annual Average | 62.2°F |
| 15% above US avg |
| January Average | 40°F (5°C) |
| July Average | 82°F (28°C) |
Precipitation & Snow
| Annual Rainfall | 50.6 inches |
| 33% above US avg |
| Snowfall | 2.0 inches/yr |
Air Quality
| AQI Median | 43.0 |
| Rating | Good |
Geography
| Elevation | 252 ft (77 m) |
| Area | 1.3 sq mi (3.3 km²) |
| Population Density | 354/sq mi |
| Coordinates | 35.1329°N, 90.8129°W |
| Timezone | America/Chicago |
| County FIPS | 05123 |