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Colbert

Learn about the people, housing, costs and businesses in Colbert, Georgia

Median Home$249,200
Median Rent$1,065/month
Population658
Leading IndustriesPublic Administration · Manufacturing · Information & Media32% public administration
Home Value Growth⬆⬆+15.9% over 2 years
Retirees27% of residentsabove average nationally
Homeowners81% of occupied units
Colbert
GA

Frequently Asked Questions

What are today's mortgage rates in Colbert?

As of today, the 30-year fixed mortgage rate for Colbert is approximately 6.974% (7.013% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Colbert?

The median home value in Colbert is $249k. The median monthly rent is $1,065. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colbert?

Home values in Colbert have increased 15.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Colbert?

Based on a typical all-in ownership cost of $1,286/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Colbert is $74k/year.

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What industries drive the economy in Colbert?

The largest employment sectors in Colbert are public administration (32%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.