201309_BPL_THECOLONY
The Colony, TX The Colony

20. The Colony, TX

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

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 tax8.25%
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%

Housing

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

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

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 longer18.4%
% population walk or bike to work1.4%

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

Weather

Annual rainfall (inches)34.73
% clear days in the area64%
High temp in July ° F95.5°
Low temp in Jan ° F30.8°

Meet the neighbors

Median age32.8
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
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