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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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