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Population & People
Population
5,403
Median age
32.3
Median household income
$63,494
Poverty rate
8.0%
Unemployment rate
0.6%
Bachelor's degree+
37.0%
Avg. commute
9 min
Hispanic or Latino
9.1%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$163,000
Median gross rent
$750/mo
Homeownership rate
67.1%
HUD FMR — 2 bedroom
$947
HUD Fair Market Rent (Kansas statewide average across 105 areas — not specific to Colby), 2026. Efficiency $702, 1BR $753, 2BR $947, 3BR $1223, 4BR $1397. This is a different official figure from Census median gross rent above.
Energy
Kansas commercial electricity
11.35¢/kWh
Kansas industrial electricity
8.03¢/kWh
Kansas residential electricity
14.56¢/kWh
Economy
Gross Domestic Product: All Industry Total
241378.4
Real Gross Domestic Product: All Industry Total
185144
All-Transactions House Price Index for Kansas
486.18
Unemployment Rate
3.8%
Source: FRED, Kansas-specific series.