The Colony, TX
Population 44,916 · Texas
About The Colony, TX
The Colony is a mid-sized city located in Texas with a population of 44,916 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,090 per year, which is 48% above the national median of $75,149. The median age of 37.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in The Colony features a median home value of $355,100, which is 45% above the national median of $244,900. This positions The Colony in a moderately priced market relative to the rest of the country. Median monthly rent is $1,884, 62% above the national average of $1,163/month. Of the 19,022 total housing units, 62% are owner-occupied (11,131 units) and 38% are renter-occupied (6,883 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in The Colony shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in The Colony have an average one-way commute time of 27 minutes.
Education & Demographics
47.7% of The Colony residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 13.6% White, 2.5% Hispanic or Latino, 0.7% Black or African American, and 3.9% Asian residents, with 13.4% of the population being foreign-born.
Cost of Living in The Colony, TX
Compared to national averages, The Colony has a median household income of $111,090 (48% above the national median of $75,149). Home values average $355,100, which is 45% above the national median. Monthly rent at $1,884 is 62% above the US average of $1,163. Within Texas, The Colony's income is 53% above the state average of $72,726, and home values are 68% above the state median of $211,769.
Why Live in The Colony, TX?
The Colony offers a strong local economy with a median household income of $111,090, well above the national average, and a well-educated community where 47.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.8%, better than the national average.
The Colony has a population of 44,916 with a median age of 37.4 years. Compare The Colony with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near The Colony
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sherman | 45,036 | $60,935 | $219,300 | Compare |
| Keller | 45,598 | $172,654 | $557,700 | Compare |
| Haltom City | 45,681 | $56,156 | $194,600 | Compare |
| Waxahachie | 43,591 | $82,449 | $307,900 | Compare |
| Channelview | 43,536 | $65,775 | $186,300 | Compare |
| Schertz | 43,128 | $96,633 | $292,100 | Compare |
| Huntsville | 46,917 | $45,401 | $225,800 | Compare |
| Coppell | 42,029 | $139,227 | $525,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare The Colony With Other Cities
Frequently Asked Questions about The Colony
What is the population of The Colony, TX?
The population of The Colony, TX is 44,916 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in The Colony?
The median household income in The Colony, TX is $111,090 per year, which is 48% above the national median of $75,149.
What is the median home value in The Colony?
The median home value in The Colony, TX is $355,100, which is 45% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in The Colony?
The median monthly rent in The Colony, TX is $1,884, which is 62% above the national average of $1,163/month.
What is the unemployment rate in The Colony?
The unemployment rate in The Colony, TX is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is The Colony, TX a good place to live?
The Colony offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 44,916 and a median age of 37.4, the city appeals to a broad range of residents.
How educated is The Colony, TX?
47.7% of residents in The Colony aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in The Colony?
Key cost-of-living indicators for The Colony, TX: median home value is $355,100 (45% above national), median rent is $1,884/month, and median household income is $111,090. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in The Colony?
The poverty rate in The Colony, TX is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is The Colony, TX?
The Colony's population is 13.6% White, 2.5% Hispanic or Latino, 0.7% Black or African American, 3.9% Asian, and 9.5% two or more races. 13.4% of residents are foreign-born.