Pros and Cons of Living In The Colony, Texas. Is The Colony, TX a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

The Colony, Texas

Moving to The Colony In Texas ? Is The Colony, TX a Nice Place To Live? Pros and Cons of Living in The Colony, Texas. Find out the best and worst about to live, raise a family or retire in The Colony.

DEMOGRAPHICS

Population
43791
Unemployment
3.4%
28% NAT AVG.
Poverty
5.7%
59% NAT AVG.
Cost Of Living
102
2% NAT AVG.

ECONOMICS

Median Home Cost
$244400
6% NAT AVG.
Median Income
$87748
30% NAT AVG.
Median Rent
$1481
28% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
763
27% NAT. AVG.
36% STATE AVG.
Violent Crime
122
29% NAT. AVG.
38% STATE AVG.
Property Crime
641
26% NAT. AVG.
36% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 18
Unemployed People
1 in 29
People Earning < $10,000
1 in 33
People Earning < $50,000
20.9%
People With Any Degree
1 in 2

ETHNICITY

Ethnicity The Colony USA
White 56.3% 60.1%
African American 11.1% 12.2%
American Indian 0.2% 0.6%
Asian 6.2% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 5.3% 2.8%
Hispanic 20.7% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME The Colony USA
Less than $10,000 3% 5.8%
$10,000 to $14,999 1.6% 4.1%
$15,000 to $24,999 3.3% 8.5%
$25,000 to $34,999 4.2% 8.6%
$35,000 to $49,999 8.8% 12.0%
$50,000 to $74,999 17% 17.2%
$75,000 to $99,999 19.2% 12.8%
$100,000 to $149,999 21.4% 15.6%
$150,000 to $199,999 11.4% 7.1%

EDUCATION

Education The Colony USA
< 9th Grade 2% 5.0%
9-12th Grade 4% 7.0%
High School or GED 20% 27.0%
Other College 23% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 32% 20.0%
Master's Degree 8% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
The Colony is a city in Texas state in USA with a population of 43791 residents.. The poverty rate of The Colony is 5.7%, which is 59% lower than national average. The typical household in The Colony earns $87748 a year, compared to the national median of $67,500. Nearly 20.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of The Colony remained 3.4%, which is 28% lower than national rate.

Cost of living in The Colony is 102, which is 2% higher than national average. In The Colony, only 42% of adults have a bachelor's degree and 32% have some college but no degree. Median home value in The Colony is $244400 , which is 6% higher than national average. While median income in The Colony remained $87748, which is 30% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
The Colony Scorecard

Jobs85%

Housing85%

Affordability70%

Safety90%

Amenities90%

Diversity95%

Education85%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS