In 2022, the population of Colt was 289, a 1.03% decrease year-by-year from 2021. Previously, in 2021, Colt's population was 292, a decline of 1.02% compared to a population of 295 in 2020.
The median age in Colt, AR is 35.5, as per 2021 ACS 5-Year Estimates. Of the total population, 16.90% were under the age of 15, 19.67% aged 15 to 29, 56.51% aged 30 to 64, 6.93% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Colt population: 77.84% are White, 9.97% are Black or African American, 3.05% are American Indian and Alaska Native and 9.14% are multiracial.