Colt, AR Profile: Facts & Data

The primary coordinate point for Colt is located at latitude 35.1315 and longitude -90.8112 in St. Francis County. The formal boundaries for the City of Colt encompass a land area of 1.25 sq. miles and a water area of 0 sq. miles. St. Francis County is in the Central time zone (GMT -6). The elevation is 253 feet.

The City of Colt has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Colt, AR Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	279 (100%)
Population in Households	279 (100.0%)
Population in Families	219 (78.5%)
Population in Group Quarters¹	0
Population Density	222
Diversity Index²	47


INCOME
Median Household Income	$39,618
Average Household Income	$60,245
% of Income for Mortgage⁴	11%
Per Capita Income	$27,820
Wealth Index⁵	36

HOUSING
Total HU (Housing Units)	176 (100%)
Owner Occupied HU	93 (52.8%)
Renter Occupied HU	58 (33.0%)
Vacant Housing Units	25 (14.2%)
Median Home Value	$80,357
Average Home Value	$159,946
Housing Affordability Index³	251

HOUSEHOLDS
Total Households	151
Average Household Size	1.85
Family Households	96
Average Family Size	2.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Colt, AR - Peer Comparisons by Rank and Percentile

The table below compares Colt to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-2.15%	-1.17%
Households	-1.44%	-0.81%
Families		-0.63%
Median Household Income		3.73%
Per Capita Income		4.43%
Owner Occupied HU		-0.43%

Variable Description	Rank	Percentile
Total Population	# 378	40th
Population Density	# 371	41st
Median Household Income	# 453	28th
Housing Affordability Index	# 489	78th
Per Capita Income	# 252	60th
Diversity Index	# 197	69th

Colt, AR Profile: Facts & Data

Colt, Arkansas - Basic Facts

Colt, AR Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Colt, AR - Peer Comparisons by Rank and Percentile

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St. Francis County