Living in Colony, Oklahoma
Cost of living, income, home prices, rent and demographics of Colony · Census data 2020–2024
Colony has 104 residents with a median age of 63.8. The median household income is $43,750 (33% lower than the Oklahoma median), the median home value is $162,500, the median rent is $732/month.
Colony is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Colony at a glance
- Population
- 104
- Median age
- 63.8State: 37
- Median household income
- $43,750State: $65,039
- Median home value
- $162,500State: $199,800
- Median rent
- $732/moState: $1,014
- Homeowners
- 67.7%
- Bachelor's degree or higher
- 49.5%
- Average commute
- 32 min
Is Colony a good place to live?
Pros: Home values 19% lower than the state median; unemployment of 1.8%; a poverty rate of 9.6%.
Cons: Median household income 33% lower than the Oklahoma median; an average commute of 32 minutes.
The weather is best in April–May and September–October.
Cost of living in Colony
Housing is the biggest part of the cost of living. In Colony the median home value is $162,500, 51% lower than the U.S. median. Renters pay a median of $732 per month, which is 21.1% of household income. Homeowners with a mortgage pay $1,330 a month in housing costs.
Colony median household income
The median household income in Colony is $43,750 and the income per person is $38,030. 9.6% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Colony: homes for sale and rent
- Housing units
- 86
- Owner-occupied
- 67.7%
- Renter-occupied
- 32.3%
- Vacant
- 24.4%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 1.60
Colony demographics
- Population
- 104
- Median age
- 63.8
- Under 18
- 4.8%
- 65 and older
- 43.3%
- Households
- 65
- Foreign-born
- 3.8%
- Veterans
- 9.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Colony ›
Education in Colony
49.5% of adults 25 and older in Colony have a bachelor's degree or higher (Oklahoma: 28.3%), and 25.3% have a graduate or professional degree.
Jobs and commute in Colony
- Unemployment rate
- 1.8%State: 5%
- Average commute
- 32 minState: 22 min
- Work from home
- 3.9%
- Drive alone
- 78.4%
- Public transit
- 0%
- Walk to work
- 3.9%
- Homes with broadband
- 80%
Colony vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Colony | 104 | $43,750 | $162,500 | $732 |
| Corn | 601 | $58,657 | $126,300 | $900 |
| Eakly | 476 | $45,625 | $73,600 | $728 |
| Weatherford | 12,004 | $54,704 | $232,600 | $804 |
| Hydro | 1,157 | $40,341 | $155,100 | $784 |
| Carnegie | 1,521 | $43,839 | $79,600 | $588 |
| Lookeba | 111 | $52,500 | $65,000 | — |
| Mountain View | 543 | $53,438 | $68,400 | $564 |
| New Cordell | 2,740 | $73,107 | $106,600 | $741 |
More for people moving to Colony
Colony ZIP code ›Weather and climate ›Living in Colony: FAQ
What is the median household income in Colony, OK?
The median household income in Colony is $43,750, 33% lower than the Oklahoma median of $65,039 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Colony?
The median home value in Colony is $162,500, compared with $199,800 in Oklahoma.
How much is rent in Colony?
The median gross rent in Colony is $732 per month, about 21.1% of household income.
Is Colony, OK a good place to live?
Pluses: home values 19% lower than the state median; unemployment of 1.8%; a poverty rate of 9.6%. Minuses: median household income 33% lower than the Oklahoma median; an average commute of 32 minutes.
What is the median age in Colony?
The median age in Colony is 63.8 years (Oklahoma: 37).
How long is the commute in Colony?
The average commute to work in Colony is 32 minutes; 3.9% of workers work from home.
What is the unemployment rate in Colony?
The unemployment rate in Colony is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Colony?
49.5% of adults in Colony 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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