Colbert County, AL

Description

Why Build in Colbert County?

Growing Population, Growing Demand

Colbert County, Alabama presents a compelling opportunity for residential development, driven by favorable demographic and economic trends. The county’s population has grown by 7.71% since 2010, reaching an estimated 58,729 residents in 2024. This growth is accompanied by a median household income of $55,009, indicating a stable economic environment.

The demand for housing remains robust, with homes typically selling within 57 days. This suggests a tight housing market with limited inventory, signaling opportunities for new construction to meet ongoing demand.

Top Ranked Schools and Safe Communities

Additionally, Colbert County boasts commendable educational institutions, with a high school graduation rate of 92.3%, surpassing the national average of 88.0%. The county also maintains a relatively low violent crime rate, with 4.428 incidents per 1,000 residents annually, placing it in the 95th percentile for safety compared to other U.S. counties.

Collectively these market traits make Colbert County an attractive and secure environment for residential development.

Population
58,729
Median Income
$55,009
Median Home Price
$347,870
Housing Affordability Index
148

Median Home Value

Block

$172,500

Tract

$143,726

Zip

$141,470

Price Appreciation Since 2011

Tract

1.86X

Zip

1.85X

County

1.18X

County Schools

Howell Graves Preschool: 10/10

Highland Park Elementary: 10/10

Webster Elementary: 10/10

Median Income

County

$55,009

State

$56,129

National

$72,603

Forecasted Income Growth

Tract

3.29%

Zip

1.04%

Crime

Overall Crime Index: 1.14X

Property Crime Index: 1.17X

Personal Crime Index: 1.35X

Median Home Value

Block

$172,500

Tract

$143,726

Zip

$141,470

Price Appreciation Since 2011

Tract

1.86X

Zip

1.85X

County

1.18X

Median Income

County

$55,009

State

$56,129

National

$72,603

Forecasted Income Growth

Tract

3.29%

Zip

1.04%

County Schools

Howell Graves Preschool: 10/10

Highland Park Elementary: 10/10

Webster Elementary: 10/10

Crime

Overall Crime Index: 1.14X

Property Crime Index: 1.17X

Personal Crime Index: 1.35X