Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.8 yrs |
|---|---|
| Avg HH Size | 2.54 |
| Below Poverty | 7.0% ▼ 30% below avg |
| College Grads | 63.3% ▲ 63% above avg |
| Unemployment | 4.0% ▼ 19% below avg |
| No HS Diploma | 476 (1%) |
| HS Graduate | 6,924 (14.7%) |
| Some College | 4,244 (9%) |
| Associates | 5,614 (11.9%) |
| Bachelors | 4,204 (8.9%) |
| Graduate Degree | 25,610 (54.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $116,806 ▲ 53% above avg |
|---|---|
| Median Home Value | $414,600 ▲ 49% above avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,808/mo |
| Total Housing Units | 28,102 |
| Vacant Units | 1,334 |
Income Distribution
How People Get to Work
Commute Time
Year Built
The Colony is a city in Texas, located in Denton County. The city spans 1 ZIP code and is home to approximately 67,978 residents. It is a relatively young city, with a median age of 36.8 years.
Economically, The Colony is a upper-middle-income community. The median household income of $116,806 is significantly above the national average. Approximately 7.0% of residents live below the poverty line. The unemployment rate is 4.0%, below the national average.
The real estate market in The Colony is a premium housing market. Median home values stand at $414,600, which is above the national average. Renters typically pay around $1,808 per month. Homeownership is high at 60.8%, typical of suburban and family-oriented communities.
The population of The Colony is highly educated. 63.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is racially diverse, with White as the largest group at 48.7%.
The Colony, TX offers residents above-average earning potential within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 75056 | 67,978 | $116,806 | $414,600 | $1,808 | 4.0% | 63.3% | 60.8% |