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The total population of Colby is estimated to be 5,403 with 2,741 males (50.73%) and 2,662 females (49.27%). There are 79 less females than males in Colby.
The median household income in Colby was $64,089 in 2021, which marked an a decrease of 6,167(8.78%) from $70,256 in 2020. This income is 85.90% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Colby sees its highest median household income among householders in the age group of 45 to 64 years old, at $93,645. Overall, the median household income for the city of Colby stands at $64,089.
In Colby, the median income for all workers aged 15 years and older, regardless of work hours, was $44,554 for males and $23,031 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,723 for males and $39,167 for females.
In Colby, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $81,919, while White households have a median household income of $63,604.
In 2022, the population of Colby was 5,542, a 0.47% decrease year-by-year from 2021. Previously, in 2021, Colby's population was 5,568, an increase of 0.11% compared to a population of 5,562 in 2020.
The median age in Colby, KS is 32.9, as per 2021 ACS 5-Year Estimates. Of the total population, 21.09% were under the age of 15, 24.46% aged 15 to 29, 38.39% aged 30 to 64, 12.26% aged 65 to 84, and 3.81% were 85 years of age and older.
Racial distribution of Colby population: 92.14% are White, 1.18% are Black or African American, 0.28% are American Indian and Alaska Native, 1.64% are Asian, 1.86% are some other race and 2.91% are multiracial.