What to know when moving to The Colony, TX
TL;DR: The Colony at a Glance
- The Vibe:
- A highly educated area with 53.5% of residents holding a bachelor's degree.
- The Major Draw:
- Median household income is $116,806, providing a solid financial foundation.
- The Reality Check:
- Renters make up 39.2% of the population, indicating a strong homeowner presence.
- Commute:
- Only 0.2% of commuters use public transit, making it a car-dependent area.
- Top Tip:
- Budget for $1,808/month for rent.
The 'Vibe' Check: Who Thrives Here?
The Colony has a population of about 67,978, with a median household income of $116,806. The community leans towards homeownership, with 60.8% of residents owning their homes. The area is also quite educated, with over half of the residents (53.5%) holding at least a bachelor's degree. However, with only 0.2% of the population using public transit, it is essential to have a car for getting around.
Probably not your spot if: you prefer a vibrant public transit system.
Your Money: Housing & Cost Snapshot
- Median gross rent stands at $1,808, reflecting the demand in the housing market.
- The median owner-occupied home value is $414,600, indicating a higher investment in property.
- With a poverty rate of 7.0%, the area showcases a relatively stable economic environment.
- 39.2% of residents are renters, suggesting a solid rental market.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
Texas has a property crime rate of 1,797.7 per 100,000 residents, which is 16.2% higher than the national average of 1,546.9. However, the state has seen a significant decline in property crime, dropping by 23.1% from 2022 to 2025. The violent crime rate is 345.5 per 100,000, slightly above the national average of 325.3, but also down by 21.8% in the same timeframe.
- Violent crime: 345.5 per 100,000 vs. national 325.3
- Property crime: 1,797.7 per 100,000 vs. national 1,546.9
- Notable trend: Homicide rate down 35.1% since 2022
Source: FBI Crime Data Explorer (state-level summarized data for Texas).
Schools & Higher Ed
The Colony has access to a total of 15 nearby postsecondary institutions, with 14 offering College Scorecard data. Notable nearby options include:
- The University of Texas at Dallas (Richardson, TX)
- Galen Health Institutes-Dallas (Richardson, TX)
- Ogle School Hair Skin Nails-North Dallas (Dallas, TX)
Source: ArcGIS Postsecondary School Locations, NCES + College Scorecard.
Weather & Getting Outside
Denton County receives an annual average of 42.9 inches of precipitation, with about 68 rainy days each year. The climate allows for plenty of outdoor activities, with local spots like:
- National Videogame Museum (4.7 stars, 4,029 reviews)
- Hidden Cove Park (4.3 stars, 1,281 reviews)
- Stewart Creek Park (4.6 stars, 1,216 reviews)
Sources: NOAA Climate Data Online, Google Places.