The Colony, TX
The Colony
May 30, 2014

Top 50 rank: 20Population: 39,055

One way to beat the Texas heat: Build your own lake. This suburb sits along manmade Lewisville Lake, a perfect spot for swimming and boating.

The town also offers plenty of job opportunities; several big firms have headquarters in nearby Plano, and Dallas is just 30 minutes away. Homes are cheap, with an average sale price of around $135,000.

The downside: Few retail options and no historical downtown area. –S.M.

The Colony, TX

Town stats

The Colony, TX

Town stats

Median family income (per year) $89,308
Job growth % (2010-2012) 8.30%
Median home price (2012) $135,863
Reading test scores (% above/below average) 4.0%
Math test scores (% above/below average) 6.9%
Personal crime incidents (per 1,000) 1
Property crime incidents (per 1,000) 15

Financials

Median family income (per year) $89,308
Family purchasing power (annual, cost-of-living adjusted) $92,739
Sales tax 8.25%
State income tax rate (highest bracket) 0.00%
State income tax rate (lowest bracket) 0.00%
Auto insurance premiums (Average price quotes, for the state) $1,800
Job growth % (2010-2012) 8.30%

Financials

Housing

Median home price (2012) $135,863
Average property taxes(2012) $3,387

Housing

Education

Colleges, universities and professional schools (within 30 miles) 20
Reading test scores (% above/below state average) 4.0%
Test scores math (% above/below average) 6.9%
% students attending public/private schools (located within town limits) 100.0/0.0

Education

Quality of life

Air quality index* (% of days AQI ranked as good) 75.5%
Personal crime incidents (per 1,000) 1
Property crime incidents (per 1,000) 15
Median commute time (in minutes) 29.5
% population with commute 45 mins. or longer 18.4%
% population walk or bike to work 1.4%

Quality of life

Leisure and culture

Movie theaters (within 15 miles) 40
Restaurants (within 15 miles) 3,842
Bars (within 15 miles) 209
Public golf courses (within 30 miles) 178
Libraries (within 15 miles) 31
Museums (accredited by AAM; within 30 miles) 5
Ski resorts (within 100 miles) N.A.
Arts funding (Dollars per person of state funds spent on arts) 0.3

Leisure and culture

Weather

Annual rainfall (inches) 34.73
% clear days in the area 64%
High temp in July ° F 95.5°
Low temp in Jan ° F 30.8°

Weather

Meet the neighbors

Median age 32.8
Completed at least some college (% of residents) 71.2%
Married % 53.0%
Divorced % 11.1%
Racial diversity index (100 is national average; higher numbers indicate greater diversity) 112.7

Meet the neighbors

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