Everything You Should Know Before Moving to Colt, AR
Considering a move to Colt, AR? With a small population of 277, Colt offers affordable living, with median home prices around $70,000 and rents near $730. Residents enjoy a mild Southern climate with 62% sunny days and a relaxed 23-minute average commute. While incomes are modest and educational attainment is lower than average, Colt provides a peaceful rural lifestyle and easy access to healthcare and schools in nearby Forrest City. Explore below for more on cost of living, crime rates, and local amenities.
Demographics - Colt, AR
Colt, AR is a small rural community with a population of 277, a median age of 41, and a balanced gender ratio. The town is predominantly White (66%) and Black (33%), with a low percentage of non-English speakers, reflecting its close-knit and traditional character.
Population:
277
Density:
120 per sq mi
Median Age:
41.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
3%
Ethnic Composition
White:
66%
Black:
33%
Others:
1%
Cost Of Living
What is the average cost of living in Colt, AR?
Colt offers a highly affordable cost of living, with median home values at $70,000 and average rents around $730. Utility and insurance costs remain moderate, and the overall cost of living index is well below the national average, making it an attractive option for budget-conscious residents.
Median House Value:
$70,000
Gross Rent:
$730
Monthly Electricity Charges:
$110
Auto Insurance:
$1,050
House Owner Cost With Mortgage:
$850
House Owner Cost Without Mortgage:
$320
State Taxes:
Low:
2.0%
|
High:
5.5%
Cost Of Living Index:
77
Grocery:
94
Housing:
54
Utilities:
94
Transportation:
87
Health Care:
88
Miscellaneous:
93
Crime
Is Colt, AR a safe place to live?
Colt experiences a relatively low rate of violent crime, with a 1 in 299 chance, but property crime is more common, with a 1 in 46 chance. The overall crime index is moderate, suggesting residents should remain vigilant but can generally feel safe in the community.
Violent Crimes Per 100k:
335
Property Crimes Per 100k:
2,150
Crime Index:
2,485
Chance Of Violent Crime:
1 in 299
Chance Of Property Crime:
1 in 46
Weather
What is the weather like in Colt, AR year-round?
Residents enjoy a mild climate with hot summers reaching highs of 92°F and cool winters with lows around 32°F. Colt sees about 52 inches of rainfall annually and enjoys sunshine 62% of the year, offering pleasant weather for most outdoor activities.
Winter
Min:
32°F
Max:
51°F
Spring
Min:
51°F
Max:
73°F
Summer
Min:
70°F
Max:
92°F
Fall
Min:
53°F
Max:
75°F
Average Rainfall Inches:
52 inches
Sunny Days Percentage:
62%
Neighbors
Colt's households have a median income of approximately $37,000, and about 22% of residents live below the poverty line. Commutes are short, averaging 23 minutes, while the unemployment rate is just over 5%, reflecting a modest but stable local economy.
Median Income:
$36,200
Household Income:
$37,000
Family Income:
$45,000
Per Capita Income:
$19,500
Income Male:
$35,000
Income Female:
$27,000
Poverty Rate:
22%
Non English Speakers:
3%
Rent:
$730
Unemployment Rate:
5.1%
Public Transport Usage:
0.3%
Commute Time:
23 minutes
Education
High School or Higher:
80%
Bachelors or More:
9%
Education
How are the schools in Colt, AR?
Educational options include public schools in neighboring Forrest City, with student-teacher ratios around 13:1, and higher education opportunities at East Arkansas Community College just 7 miles away. While only 9% of residents hold a bachelor's degree or higher, local schools offer foundational learning and accessible college pathways.
Public Schools
Name:
Forrest City High School
Street:
467 Victoria St
Phone:
870-633-1464
Students:
800
Student Teacher Ratio:
12.5
Name:
Forrest City Junior High School
Street:
1996 Indian Springs Dr
Phone:
870-633-3230
Students:
450
Student Teacher Ratio:
13.1
Colleges
Name:
East Arkansas Community College
City:
Forrest City
State:
AR
Distance:
7 miles
Students:
1,400
Healthcare
Healthcare access is supported by a general and surgical hospital just minutes away in Forrest City, with emergency services available. With 1.2 physicians per 1,000 residents and 88% health insurance coverage, basic medical needs are well-served for this small town.
Major Hospitals
Name:
Forrest City Medical Center
Address:
1601 New Castle Rd, Forrest City, AR 72335
Phone:
(870) 261-0000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.2
Health Insurance Coverage:
88%
Health Care Index:
63
Housing Market
What is the housing market like in Colt, AR?
Colt's housing market is accessible, with a median home price of $70,000 and high owner-occupancy at 72%. Home values have appreciated modestly in the past year, and rental options remain available with a 9% vacancy rate.
Median Home Price:
$70,000
Average Rent For 2 Bedroom:
$730
Owner Occupied Rate:
72%
Rental Vacancy Rate:
9%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.2%
Foreclosure Rate:
0.7%
DMV Information
DMV and driver services are managed by the Arkansas Department of Finance and Administration in nearby Forrest City, offering convenient access for licensing and vehicle services. Residents can find comprehensive DMV information online or by phone before visiting.
State:
Arkansas
Department:
Arkansas Department of Finance and Administration – Driver Services
Address:
118 Jefferson St, Forrest City, AR 72335
Phone:
(870) 633-1454
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.