Colony, OK
Population 156 · Oklahoma
About Colony, OK
Colony is a small community in Oklahoma with a population of 156 residents. The median household income is $39,516 per year, which is below the national average. The median age in Colony is 63.1 years.
Housing in Colony has a median home value of $176,100 and median monthly rent of $727. Of the 111 total housing units, the majority are owner-occupied, with 52 owner-occupied and 38 renter-occupied units.
The unemployment rate in Colony is 0.0% and the poverty rate is 11.5%. 66.0% of residents hold a bachelor's degree or higher. The average commute time is 40.4 minutes.
How Colony Ranks in Oklahoma
Cost of Living in Colony, OK
Compared to national averages, Colony has a median household income of $39,516 (47% below the national median of $75,149). Home values average $176,100, which is 28% below the national median. Monthly rent at $727 is 37% below the US average of $1,163. Within Oklahoma, Colony's income is 30% below the state average of $56,382, and home values are 47% above the state median of $119,992.
Why Live in Colony, OK?
Colony offers affordable housing with a median home value of $176,100, below the US average of $244,900, and rent that’s lower than the national average at $727/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 66.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.5%, better than the national average.
Potential considerations include median household income ($39,516) that falls below the national average. However, Colony’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Colony has a population of 156 with a median age of 63.1 years. Compare Colony with other cities to see how it stacks up, or explore all cities in Oklahoma.
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Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Colony
What is the population of Colony, OK?
The population of Colony, OK is 156 according to the latest Census data.
What is the median household income in Colony?
The median household income in Colony, OK is $39,516 per year.
What is the median home value in Colony?
The median home value in Colony, OK is $176,100.
What is the average rent in Colony?
The median monthly rent in Colony, OK is $727.
What is the unemployment rate in Colony?
The unemployment rate in Colony, OK is 0.0%.