The Colony

Population: 40,757Median home value: $159,400 88 Ranks better than 99% of areas

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A The Colony Amenities Lots of amenities close to this location
C- The Colony Cost of Living Cost of living is 12% higher than Texas
The Colony
1011% more expensive than the US average
919% less expensive than the US average
United States
100National cost of living index
The Colony cost of living
B+ The Colony Crime Total crime is 53% lower than Texas
Total crime
1,41448% lower than the US average
Chance of being a victim
1 in 7148% lower than the US average
Year-over-year crime
4%Year over year crime is up
The Colony crime
C The Colony Employment Household income is 35% higher than Texas
Median household income
$73,83033% higher than the US average
Income per capita
$36,32922% higher than the US average
Unemployment rate
5%7% higher than the US average
The Colony employment
A+ The Colony Housing Home value is 12% higher than Texas
Median home value
$159,40014% lower than the US average
Median rent price
$1,23330% higher than the US average
Home ownership
60%5% lower than the US average
The Colony real estate or The Colony rentals
A+ The Colony Schools HS graduation rate is 15% higher than Texas
High school grad. rates
90%8% higher than the US average
School test scores
79%60% higher than the US average
Student teacher ratio
14:115% lower than the US average
The Colony K-12 schools

Living in The Colony, TX

Located in the state of Texas, The Colony is a mid-sized city with a population of 40,757 inhabitants. If we look at the most recent Census, The Colony is known to have a predominantly White population. The next two most common races are Black and Asian. If finding a family friendly city is important to you, look no further. With more than 76% of the population considered married and 56% with kids under the age of 18, The Colony could be considered a very suitable city for families.

Living in The Colony can be a positive experience for anyone moving to the city. Having said that, in the state of Texas, there are many amazing places to live, so choose wisely! To help you find the best places to live in and around The Colony, AreaVibes has created a livability score using key metrics like amenities, crime, employment and more.

The Colony has a livability score of 89/100 and is ranked #37 in Texas and #56 in the USA. Based on this score, The Colony would be considered a very livable city! The Colony is also ranked in the top 10 percentile of all cities across the USA. For each of the livability categories, we can establish that The Colony ranks very well for amenities (A), crime (A+), weather (B-), education (A+) and housing (A+).

Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., The Colony has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Here are some of the more popular things to do in The Colony: The Tribute at the Colony, The Golf Club at Castle Hills, and Hawaiian Falls Adventure Park.

Knowing that the The Colony schools rank highly for test scores plays an important factor in deciding if this area is the right place to live. The average school test scores are 79%, which is far higher than the national average.

For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their The Colony apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city.

Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in The Colony. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in The Colony are affordable. Median real estate prices in The Colony come in at $159,400, which is 11.7% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In The Colony, the home price to income ratio is 2.2, which is 15.4% lower than the Texas average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in The Colony were 6%, and the 5 year appreciation rates came in at 12.5%.

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Monthly costs include: fuel, maintenance, tires, insurance, license fees, taxes, depreciation, and financing.
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Compare The Colony, TX Livability To Other Cities

Best Neighborhoods In & Around The Colony, TX

PlaceLivability scoreScoreMilesPopulationPop.
Far North, Dallas869.7163,453
Town North Village, Garland7516.2111
PlaceLivability scoreScoreMilesPopulationPop.
Forest Crest, Garland7117.5855
Place One, Garland6215.963

Best Cities Near The Colony, TX

PlaceLivability scoreScoreMilesPopulationPop.
Allen, TX9413.494,710
Frisco, TX926.5145,646
Keller, TX9221.544,250
Westworth Village, TX9237.82,632
PlaceLivability scoreScoreMilesPopulationPop.
Coppell, TX9110.140,631
Plano, TX9112.8279,088
Bedford, TX9021.548,864
McKinney, TX9015.6156,821
See all Texas cities

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The Colony Reviews

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This town is part of Denton County do not live in any town that are part of this county. If you want to live in a town that keeps letting "racial discrimination "lawyers Practice law in the same county . there is no money in this county they have spent it as they get it. but to what no one know and if you try to ask they will just make you go in a marry-go-round. I have an Autism child I went to the county and town to get my child tested for school even after a doctor Said That my child has Autism. they made some B.S. that my child has no Autism. And I found out why they said this.It's because, the good old USA will not give the school money for a Disable child and the county and the colony dont what to loss money.they will have to pay for programs for disable children. they only make money for every child that is in school. I seen cops pulling over people under false Pretenses in the colony and in the county.We just moved to Plano Sold the home in the colony. love it less stress. the school are awesome. they understand my child needs. cops are not D*&k heads. at least i know were my taxes are going too. Dont live in this county. Pay a little more for a home in another county its worth it.
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Reason for reporting
Source: The The Colony, TX data and statistics displayed above are derived from the 2016 United States Census Bureau American Community Survey (ACS).
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