Colbert County, Alabama: commercial real estate data.
Colbert County, Alabama has a population of 58,022 across 593 square miles, up 2.7 percent since the 2020 census base. County output reached $3.56 bn in 2024, 1,268 establishments operate here, and the SBA record carries 11 7(a) approvals worth $11.6 m.
118 sourced county values · tier FULL · 11 sections
Colbert County
How many people live in Colbert County
- Population58,022
- Households24,301
- Average household size2.39
- Median household income$60,628
- Median age42.9
- Median gross rent$887 per month
- Median owner-occupied home value$171,000
- Home value to household income2.8 times
- Annual rent as a share of median income17.6 percent
- Adults 25 and over with a bachelor degree or higher21.7 percent
- Adults 25 and over with a graduate degree8.1 percent
- Adults 25 and over41,177
- Population under 1812,368
- Share under 1821.3 percent
- Population 65 and over11,853
- Share 65 and over20.4 percent
- Working age population, 18 to 6433,801
- Civilian labor force26,976
- Unemployment rate3.1 percent
- Labor force participation, adults 18 and over59.1 percent
- Rank by population among Alabama counties25th of 67
- Rank by population among US county-equivalents918th
Colbert County is the 25th largest of 67 Alabama counties by population. A median home costs 2.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 21.3 percent against 20.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Colbert County
Is Colbert County growing
- Population change since the 2020 census base2.71 percent
- Census 2020 base population57,232
- Births, 2024610
- Deaths, 2024817
- Natural change, 2024-207
- Net domestic migration, 2024544
- Net international migration, 202472
- Total net migration, 2024616
- Cumulative net domestic migration, 2021 to 20242,143
- Rank by growth among US county-equivalents947th
The county has grown 2.71 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Colbert County
Where people moving to Colbert County come from
- Tax returns filed by households arriving1,451
- People arriving, from those returns2,728
- Adjusted gross income arriving$119.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$82,622
- Largest single originColbert County Non-migrants (19,622 households)
- Largest single destination (19,622 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Colbert County Non-migrants | 19,622 | 40,492 | $1.36 bn |
| Lauderdale County | 508 | 934 | $20.8 m |
| Other flows - Different State | 503 | 971 | $34.8 m |
| Other flows - South | 345 | 648 | $23.3 m |
| Franklin County | 167 | 325 | $7.8 m |
| Other flows - Same State | 118 | 214 | $8.3 m |
| Other flows - West | 89 | 194 | $8.3 m |
| Other flows - Midwest | 69 | 129 | $3.3 m |
The largest single source of arrivals is Colbert County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Colbert County
What the Colbert County economy runs on
- County GDP, 2024$3.56 bn
- County GDP, 2023$3.48 bn
- GDP change, 2023 to 20242.3 percent
- GDP change over five years35.2 percent
- Rank by GDP among Alabama counties19th
- Rank by GDP among US county-equivalents881st
- GDP per resident$61,331
Output grew 2.3 percent in the latest year and 35.2 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Colbert County
Who employs people in Colbert County
- Covered employment, annual average24,495
- Establishments reporting1,621
- Average annual pay$58,010
- Average weekly wage$1,116
- Sector 31-33, employment6,242
- Sector 31-33, average annual pay$70,072
- Sector 44-45, employment3,207
- Sector 44-45, average annual pay$40,079
- Sector 62, employment1,994
- Sector 62, average annual pay$54,073
- Sector 72, employment1,927
- Sector 72, average annual pay$19,280
- Sector 23, employment1,738
- Sector 42, employment892
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 6,242 | 126 | $70,072 |
| Sector 44-45 | 3,207 | 246 | $40,079 |
| Sector 62 | 1,994 | 251 | $54,073 |
| Sector 72 | 1,927 | 121 | $19,280 |
| Sector 23 | 1,738 | 139 | $65,943 |
| Sector 42 | 892 | 104 | $64,433 |
| Sector 52 | 744 | 91 | $66,097 |
| Sector 56 | 611 | 73 | $54,129 |
The largest sector is the biggest private employer group at 6,242 jobs, 25.5 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Colbert County
What businesses operate in Colbert County
- Establishments, all industries1,268
- Employment at those establishments23,237
- Annual payroll$1.14 bn
- Establishments per 1,000 residents21.9
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Colbert County
What is being built in Colbert County
- Housing units authorised by permit, 202494
- Declared construction value permitted$12.5 m
- Single family units authorised94
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$133,386
- Units authorised per 1,000 households3.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Colbert County
How much SBA lending happens in Colbert County
- 7(a) approvals recorded11
- 7(a) gross approval dollars$11.6 m
- Average 7(a) approval$1,056,673
- Median 7(a) approval$232,100
- 10th percentile approval$68,400
- 90th percentile approval$5,000,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)274
- Jobs per approval24.9
- Distinct 7(a) lenders active10
- Distinct industries receiving approvals11
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer27.3 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter8
- Franchise loans2
- Franchise share of approvals18.2 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (1)
- Most active lenderSabre Finance (2)
- 504 approvals recorded4
- 504 gross approval dollars$3.4 m
- Average 504 approval$851,250
- Median 504 approval$494,000
- Distinct CDCs active3
- 504 jobs per approval6.5
- 504 jobs per million dollars approved7.6
- Most active CDCSouthern Development Council (2)
- 7(a) share of SBA approvals73.3 percent
- Combined SBA approval dollars$15.0 m
The average approval of $1,056,673 sits well above the median of $232,100, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 27.3 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Colbert County
Do SBA loans in Colbert County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure7
- Status: Cancelled2
Too few loans have reached a final outcome to publish a charge off rate. only 2 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Colbert County
Which parts of Colbert County get the lending
- Places in the county with recorded lending4
- Muscle Shoals, approvals8
- SHEFFIELD, approvals1
- TUSCUMBIA, approvals1
- RUSSELLVILLE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Muscle Shoals | 8 | $6,538,400 |
| SHEFFIELD | 1 | $10,000 |
| TUSCUMBIA | 1 | $5,000,000 |
| RUSSELLVILLE | 1 | $75,000 |
Muscle Shoals accounts for 8 approvals against 1 in SHEFFIELD. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Colbert County
How big is Colbert County
- Land area593 sq mi
- Rank by land area among Alabama counties56th of 67
- Width, east to west41.1 mi
- Height, north to south22.5 mi
- Geographies sharing a boundary3
- Residents per square mile of land98
- Establishments per square mile2.14
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Colbert County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Colbert County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population58,022
- Households24,301
- Average household size2.39
- Median household income$60,628
- Median age42.9
Common questions
Colbert County questions, answered from the record.
How many people live in Colbert County, Alabama?
58,022, in 24,301 households, ranking 25th of 67 Alabama counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Colbert County growing?
The population has grown 2.71 percent since the 2020 census base. In 2024 there were 610 births against 817 deaths, with net migration of 616. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Colbert County?
$60,628. The median owner-occupied home is valued at $171,000, which is 2.8 times income, and median gross rent is $887 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Colbert County?
1,268 establishments, employing 23,237 people with an annual payroll of $1.14 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Colbert County?
Average annual pay is $58,010, or $1,116 a week, across 24,495 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Colbert County?
11 7(a) approvals totalling $11.6 m since FY2020, across 10 lenders, with a median approval of $232,100, plus 4 504 approvals worth $3.4 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Colbert County?
94 housing units were authorised by permit in 2024, with a declared construction value of $12.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Colbert County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Colbert County come from?
The largest single origin is Colbert County Non-migrants, with 19,622 households. Arriving households report an average income of $82,622 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Colbert County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Colbert County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.