Living in Colby, Kansas

Cost of living, income, home prices, rent and demographics of Colby · Census data 2020–2024

Colby has 5,387 residents with a median age of 32.3. The median household income is $63,494 (15% lower than the Kansas median), the median home value is $163,000, the median rent is $750/month.

Colby at a glance

Population
5,387
Median age
32.3State: 37.4
Median household income
$63,494State: $74,275
Median home value
$163,000State: $217,200
Median rent
$750/moState: $1,060
Homeowners
67.1%
Bachelor's degree or higher
37%
Average commute
10 min

Is Colby a good place to live?

Pros: Home values 25% lower than the state median; an average commute of 10 minutes; unemployment of 0.6%; a poverty rate of 8%.

Cons: Median household income 15% lower than the Kansas median.

The weather is best in May–June and August–September.

Cost of living in Colby

Housing is the biggest part of the cost of living. In Colby the median home value is $163,000, 51% lower than the U.S. median. Renters pay a median of $750 per month, which is 33.2% of household income. Homeowners with a mortgage pay $1,192 a month in housing costs.

Median home value

Colby$163,000
Kansas$217,200
United States$332,700

Median monthly rent

Colby$750
Kansas$1,060
United States$1,413

Colby median household income

The median household income in Colby is $63,494 and the income per person is $33,422. 8% of residents live below the poverty line (Kansas: 11.3%).

Median household income

Colby$63,494
Kansas$74,275
United States$80,734

Housing in Colby: homes for sale and rent

Housing units
2,464
Owner-occupied
67.1%
Renter-occupied
32.9%
Vacant
13.5%Includes seasonal homes
Median year built
1969
Average household size
2.33

Colby demographics

Population
5,387
Median age
32.3
Under 18
26.7%
65 and older
15.1%
Households
2,131
Foreign-born
5.3%
Veterans
2.5%Adults 18+

Race and ethnicity

White87.3%
Hispanic or Latino9.1%
Black1.4%
Asian0%

Hispanic or Latino can be of any race. Population history of Colby ›

Education in Colby

37% of adults 25 and older in Colby have a bachelor's degree or higher (Kansas: 35.6%), and 9.8% have a graduate or professional degree.

Bachelor's degree or higher

Colby37%
Kansas35.6%
United States35.7%

Jobs and commute in Colby

Unemployment rate
0.6%State: 3.9%
Average commute
10 minState: 20 min
Work from home
10.2%
Drive alone
82.8%
Public transit
0%
Walk to work
2.5%
Homes with broadband
89.3%

Colby vs nearby towns

TownPopulationMedian incomeHome valueRent
Colby5,387$63,494$163,000$750
Rexford146$85,769—$950
Brewster459$63,816$118,800$775
Oakley2,009$77,065$120,000$793
Winona221$58,500$110,000$973
Selden288$53,438$101,500$655
Grinnell342$67,500$132,100$535
Atwood1,320$72,188$119,800$806
McDonald249$90,764——

More for people moving to Colby

Colby ZIP code ›Weather and climate ›

Living in Colby: FAQ

What is the median household income in Colby, KS?

The median household income in Colby is $63,494, 15% lower than the Kansas median of $74,275 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Colby?

The median home value in Colby is $163,000, compared with $217,200 in Kansas.

How much is rent in Colby?

The median gross rent in Colby is $750 per month, about 33.2% of household income.

Is Colby, KS a good place to live?

Pluses: home values 25% lower than the state median; an average commute of 10 minutes; unemployment of 0.6%; a poverty rate of 8%. Minuses: median household income 15% lower than the Kansas median.

What is the median age in Colby?

The median age in Colby is 32.3 years (Kansas: 37.4).

How long is the commute in Colby?

The average commute to work in Colby is 10 minutes; 10.2% of workers work from home.

What is the unemployment rate in Colby?

The unemployment rate in Colby is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Colby?

37% of adults in Colby have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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