Colony, KY
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Colony, KY: Quick Facts & Overview
- Population: 25,816 residents (706 people per sq. mi.)
- Average House Price: $221,129
- Average Household Income: $46,055
Colony, KY is located in the state of Kentucky. It is home to about 25,816 people, with around 706 residents living in every square mile.
If you want to buy a house in Colony, the average price is around $221,129. That makes local housing 28% higher than the Kentucky average of $172,980, and 28% lower than the national average of $308,592.
The average household in Colony earns about $46,055 a year. This income is 23% lower than the average family in Kentucky ($59,426), and 41% lower than the national average ($78,686).
Population
25,816
Median Household Income
$46,055
Median Home Value
$221,129
Median Age
29.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $28,893 |
| Labor Force Participation | 66.1% |
| Unemployment Rate | 5.7% |
| Average Commute Time | 18.5 mins |
Housing & Community Metrics
| Home Ownership Rate | 34.0% |
| Median Rent | $970 |
| Rent Burdened (>30% Income) | 30.8% |
| Total Housing Units | 12,412 |
Additional Census & Housing Profile
Geographic Overview
| County | Fayette |
| County FIPS | 21067 |
| Metro Area (CBSA) | Lexington-Fayette, KY |
| Combined Area (CSA) | Lexington-Fayette--Richmond--Frankfort, KY |
| Population Density | 706.2/sq mi |
| Coordinates (lat/lng) | 38.0434, -84.5619 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.80 |
| Dual Income Families | 51.4% |
Marital Status
| Married | 28.2% |
| Never Married | 53.5% |
| Divorced | 12.9% |
| Widowed | 5.4% |
Gender
| Male | 52.2% |
| Female | 47.8% |
Health & Poverty
| Uninsured Rate (Health) | 14.3% |
| Poverty Rate | 28.6% |
Key Population Groups
| Veterans | 3.5% |
| Disabled Population | 15.0% |
| Limited English Proficiency | 10.9% |
All ZIP Codes in Colony
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 40504 | 25,816 | $46,055 | $221,129 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Lexington, KY | 5.6 miles | 323,725 |
| Keene, KY | 8.2 miles | 346 |
| Versailles, KY | 8.9 miles | 10,492 |
| Midway, KY | 10 miles | 1,776 |
| Nicholasville, KY | 10.6 miles | 32,197 |
| Georgetown, KY | 12.5 miles | 39,117 |
| Wilmore, KY | 12.5 miles | 6,057 |
| High Bridge, KY | 16.8 miles | 109 |
| Stamping Ground, KY | 17 miles | 994 |
| Salvisa, KY | 18.4 miles | 236 |
| Lawrenceburg, KY | 18.6 miles | 11,943 |
| Paris, KY | 19.2 miles | 10,160 |
| Frankfort, KY | 19.4 miles | 28,503 |
| Winchester, KY | 20.4 miles | 19,213 |
| Burgin, KY | 22.8 miles | 993 |
| Sadieville, KY | 23.8 miles | 370 |
| Harrodsburg, KY | 24.7 miles | 9,313 |
| North Middletown, KY | 25.5 miles | 679 |
| Richmond, KY | 26.1 miles | 37,111 |
| Cynthiana, KY | 27.6 miles | 6,458 |
| Millersburg, KY | 28.9 miles | 819 |
| Lancaster, KY | 29.6 miles | 4,013 |
| Danville, KY | 30.1 miles | 17,327 |
| Corinth, KY | 31.6 miles | 226 |
| Mount Sterling, KY | 33.5 miles | 7,551 |
| Junction City, KY | 34 miles | 2,643 |
| Carlisle, KY | 34.3 miles | 2,214 |
| Berry, KY | 34.4 miles | 253 |
| Perryville, KY | 34.5 miles | 970 |
| Willisburg, KY | 34.5 miles | 334 |
| Berea, KY | 34.6 miles | 15,786 |
| Mackville, KY | 34.9 miles | 204 |
| Stanford, KY | 35.7 miles | 3,643 |
| Sharpsburg, KY | 36.2 miles | 519 |
| Camargo, KY | 36.6 miles | 874 |
| Pleasureville, KY | 36.7 miles | 1,123 |
| Clay City, KY | 36.8 miles | 1,204 |
| Chaplin, KY | 37.2 miles | 337 |
| Owenton, KY | 37.4 miles | 1,511 |
| Shelbyville, KY | 38 miles | 17,668 |
| Eminence, KY | 40.1 miles | 2,724 |
| Jeffersonville, KY | 40.1 miles | 1,651 |
| Crab Orchard, KY | 40.2 miles | 739 |
| Irvine, KY | 40.3 miles | 2,723 |
| Stanton, KY | 40.8 miles | 3,218 |
| Williamstown, KY | 41.3 miles | 3,945 |
| Hustonville, KY | 41.4 miles | 612 |
| Ravenna, KY | 41.5 miles | 642 |
| Taylorsville, KY | 42 miles | 1,496 |
| Bloomfield, KY | 42 miles | 1,124 |
| New Castle, KY | 42.6 miles | 1,052 |
| Springfield, KY | 43.3 miles | 2,899 |
| Owingsville, KY | 44.1 miles | 1,621 |
| Mount Olivet, KY | 44.2 miles | 170 |
| Dry Ridge, KY | 44.3 miles | 2,441 |
| Elk Creek, KY | 44.4 miles | 2,207 |
| Smithfield, KY | 44.5 miles | 153 |
| Simpsonville, KY | 44.6 miles | 3,062 |
| Brodhead, KY | 45 miles | 1,423 |
| Falmouth, KY | 45.1 miles | 2,449 |
| Fairfield, KY | 45.4 miles | 194 |
| Ewing, KY | 46.4 miles | 346 |
| Sanders, KY | 47.1 miles | 435 |
| Worthville, KY | 47.8 miles | 176 |
| Mount Vernon, KY | 48.4 miles | 2,398 |
| Campbellsburg, KY | 48.6 miles | 1,016 |
| Sparta, KY | 48.9 miles | 272 |
| Glencoe, KY | 49.2 miles | 319 |
| Bradfordsville, KY | 49.6 miles | 444 |
| Lebanon, KY | 50.2 miles | 6,430 |
| La Grange, KY | 50.5 miles | 10,311 |