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The total population of Colony is estimated to be 257 with 113 males (43.97%) and 144 females (56.03%). There are 31 more females than males in Colony.
The median household income in Colony was $45,263 in 2021, which marked an a decrease of 1,479(3.16%) from $46,742 in 2020. This income is 60.67% 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, Colony sees its highest median household income among householders in the age group of 65 years and over old, at $45,359. Overall, the median household income for the town of Colony stands at $45,263.
In Colony, the median income for all workers aged 15 years and older, regardless of work hours, was $25,672 for males and $22,100 for females. However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $23,663 for females, while data for males was unavailable due to an insufficient number of sample observations.
In Colony, population is primarily represented by Black or African American households, reporting a median income of $44,974.
In 2022, the population of Colony was 271, a 0.74% increase year-by-year from 2021. Previously, in 2021, Colony's population was 269, an increase of 1.89% compared to a population of 264 in 2020.
The median age in Colony, AL is 50.0, as per 2021 ACS 5-Year Estimates. Of the total population, 7.37% were under the age of 15, 9.94% aged 15 to 29, 62.82% aged 30 to 64, 19.87% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Colony population: 8.33% are White, 88.46% are Black or African American, 1.60% are Asian and 1.60% are multiracial.