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Colbert County, AL

RANK #382 / 1001 NAT  ·  #13 / 27 AL  ·  POP 58,022

1YR FORECAST: +0.7%

5YR OUTLOOK: +19%

Colbert County's housing market is projected to grow +0.7% over the next year, tracking near the national average.

[01] Why Colbert County?

Colbert County, Alabama, is widely recognized for its musical heritage, particularly in Muscle Shoals, home to iconic recording studios like FAME Studios and Muscle Shoals Sound Studio, where legendary artists recorded. Located in the northwest corner of Alabama along the Tennessee River, the county seat is Tuscumbia, also known as the birthplace of Helen Keller. The area offers a small-town atmosphere with access to natural beauty, including riverfront parks, golf courses, and wildlife preserves. The county also provides public transportation through a demand-response Dial-a-Ride program. Life in Colbert County is often characterized by a close-knit, small-town environment, attracting many retirees. The public schools in Colbert County are above average, with some elementary schools ranking highly within the state. The economy is supported by a strong industrial base, including manufacturing, and recent defense manufacturing investments are projected to create new jobs. The presence of the University of North Alabama in the broader Shoals area also contributes to the local economy through employment and student spending.

MARKET PROFILE

Idiosyncratic Markets

Colbert County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +2.3% YoY, population +0.7%, wages +2.9%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
6.7x

Below national median (11.3x)

Home Prices
+2.3%

Above national median

Climate & Terrain
0.7

Moderate climate & terrain

Price/Rent
14x

Below national median (15x)

Housing is fairly valued at 6.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Manufacturing Sector Manufacturing
    2,500+
  2. 2
    Healthcare & Social Assistance Sector Healthcare
  3. 3
    Retail Trade Sector Retail
  4. 4
    North American Lighting Manufacturing
    1,000+
  5. 5
    Northwest Shoals Community College Education
  6. 6
    Helen Keller Hospital Healthcare
  7. 7
    Constellium Manufacturing
    500+
  8. 8
    Essity Manufacturing
  9. 9
    Tarkett Alabama Manufacturing
    250+
  10. 10
    Southwire Co. Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Colbert County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
58,022
+0.65% YoY
Median Household Income
$60,628
Median Home Value
$171,000
+2.31% 12mo
Median Rent
$887
Average Annual Pay
$59,673
+2.9% YoY
Employment
24,754
+1.1% YoY
Income-to-Home-Value
0.3545
More affordable than average
Migration Inflow
4.69%
of pop. from another state
Bachelor's Degree+
21.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$235,000
Days on Market
45
Moderate pace
Months of Supply
4.0
Balanced market
Sale-to-List Ratio
97.5%
Negotiation room for buyers
Sold Above List
10.8%
Listings w/ Price Drops
26.4%
Building Permits (2025)
84
Single-Family Permits
84

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.4
per 100K · nat avg 6.5
Firearm Fatalities
23.1
per 100K · nat avg 13.4
Injury Deaths
87.2
per 100K · nat avg 83.6
vs National Average
Near national avg
based on homicide rate
10-Year Trend
Up 21% since 2015
homicide rate, 2015 → 2025

Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →

See where Colbert County stands nationally: safest large counties in America · highest homicide-rate counties.

[06] Capital Investment

$1,302M
TOTAL
PROJECT AMOUNT STATUS
Colbert Combustion Turbine Plant Expansion
Tennessee Valley Authority (TVA)
$750M Operating
Muscle Shoals Solar Project
Ørsted (acquired from Longroad Energy)
$227M Operating
Spring Valley Solar 2
Spring Valley LLC (for TVA)
$200M Planned
Muscle Shoals Sports, Retail and Entertainment Complex
City of Muscle Shoals (public/private partnership)
$65M Planned
Bank Independent Operations Center
Bank Independent
$60M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +0.7% 51 percentile
Income Growth +6.9% 98 percentile
Vacancy Rate 0.6% 82 percentile
Home Price Change +2.3% 53 percentile
Rent Growth +1.2% 18 percentile
Price/Rent 14x 58 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Colbert County, AL a good place to move to?

With a Boom Town Index score of 62/100, Colbert County sits in the upper half of all 1001 ranked counties. Employment is expanding at +1.1%, and median household income stands at $60,628 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in AL.

Is Colbert County affordable?

By national standards, Colbert County is quite affordable. Homes here have a median value of $171,000, and the income-to-home-value ratio of 0.35 is well above the U.S. average — especially with median rent at just $887/month. Residents can generally buy a home without being cost-burdened.

Is Colbert County growing or shrinking?

Colbert County is growing on multiple fronts. Population is up +0.7% year-over-year while employers added jobs at a +1.1% clip. Home values shifted +2.3% in the past year.

Are people moving to Colbert County?

There's a moderate stream of newcomers. About 4.69% of residents moved from another state, which is above average and suggests Colbert County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Mobile County, AL 59 Calhoun County, AL 66 Jackson County, AL 57 Lee County, AL 70 Etowah County, AL 70 Madison County, AL 70 Pike County, PA 62 Cumberland County, TN 62