Last Updated on: 13th October 2023, 01:30 am

If you’re considering moving to The Colony, TX, but need a better idea of what to expect, you’re in the right place. Colony is a city in Texas and is a suburb of Dallas, TX. The Colony is known for its scenic views of Lewisville Lake and its lucrative entertainment scene.  Referred to as the City by the Lake, it’s a sweet escape from the hustle and bustle of Dallas, but it still offers convenient metropolitan amenities.

The Colony gained its name during the Hedgcoxe War of 1852. It was initially called Peters Colony but was later named (and incorporated) as The Colony. The Colony is the oldest community in Denton County, but the city itself didn’t exist until 1973, when home developers started developing the land. It was officially incorporated in January 1977. Thanks to its low crime rate, family-friendly atmosphere, and proximity to the largest cities, The Colony is a good place to live!

Where Is The Colony Texas?

The City of The Colony is located in Denton county and is a suburb of Dallas, TX. The Colony is bordered by Lewisville, Frisco, Carlton, and Plano. Colony is a scenic place to live; with views of the Lewisville Lake, green pastures, and colorful city lights, you get a taste of everything. The Colony is 28.6 miles from downtown Dallas and is a part of the Dallas–Fort Worth metroplex

The Colony has access to the Denton County Transit Authority (DCTA), a train transit service that operates from the Old Town Station in Lewisville. Learn how to get around with their map and schedule. 

The Colony TX Population & Demographics

The Colony, Texas, has a population of 44,534, with a population growth of 8,206 since 2010 and a population density of 3,104.3, and is 16.15 mi². The Colony is the 12th largest city in Denton County and the 78th largest in Texas.

The Colony, TX demographics:

  • The median age is 36 years old
  • 51% of Colony residents are female, and 49% are male
  • The median household income is $96,901, roughly 25% higher than the Dallas-Fort Worth-Arlington, TX Metro Area
  • 95.3% have high school diplomas or higher, and 44.5% have bachelor’s degrees or higher

Racial and ethnic percentages that make up the city’s population:

  • 56% White
  • 20% Hispanic
  • 11% Black
  • 7% Asian
  • 6% Two or More
  • 11.9% Foreign-born Population

The crime rate in The Colony, Texas is 1,720 per 100,000 people, compared to the state’s crime rate, which is 2,692 per 100,000 people; the national average is 2,346 per 100,000 people. The crime rate per 100,000 people in Texas is 2,666.7. The violent crime rate in The Colony per 100,000 people is 275 compared to the state average of 447 per 100,000 people. The property crime rate per 100,000 people in The Colony is 1,445, compared to the state’s 2,245 per 100,000 people and the country’s 1,958 per 100,000 people.

The 86 hardworking police officers of The Colony Police Department ensure that The Colony, TX is a safe place to live.

Cost Of Living in The Colony TX

According to PayScale, The Colony, Dallas has a COLI (Cost Of Living Index) of 109.0, which is 9% above the national average. The COLI in Dallas, TX, is 103.5, making The Colony slightly more expensive than Dallas. According to the Economic Policy Institute, a family of four must earn $82,216 per year to afford to live comfortably in the Dallas Metro Area.

Typical Living Expenses in The Colony, TX:

  • A loaf of bread: $3.36
  • A gallon of milk: $2.15
  • A cartoon of eggs: $1.52
  • A bunch of bananas: $3.25
  • A hamburger: $4.59
  • Average The Colony utilities per month: $308

The Colony median home price is $390,000 (or $205 per square foot). You’ll find  various The Colony, TX homes for sale are for sale and you’re sure to find one that works for your taste and budget. According to RentCafe, the average rent in The Colony, TX costs $1,770 per month. If you aren’t ready to buy, there are many houses in The Colony for rent. 

The Colony TX Neighborhoods | Where to Live in The Colony TX

Are you considering moving to The Colony, TX? Here are the many luxury, close-knit, and family-friendly neighborhoods to choose from.

Thousand Oaks at Austin Ranch—Desirable Luxury Apartments in The Colony TX

Are you looking for apartments in The Colony, TX? Thousand Oaks at Austin Ranch is a luxury apartment complex located in the heart of The Colony. It’s located near amenities such as Uptown Yoga Austin Ranch and parks like The Thicket. Thousand Oaks offers townhomes, condos, lofts, and garden-style apartments, all with updated and hip architecture.

Flatiron District at Austin Ranch—The Colony TX Apartments with a Tight-Knit Community

The Flatiron District at Austin Ranch is a neighborhood within The Colony famous for its industrial architecture, proximity to the city’s amenities, and the luxurious amenities the complex itself offers. This neighborhood offers a sense of community that you won’t find just anywhere.

Creekside at Austin Waters—Family-Friendly, Active, Colony TX Neighborhood

Creekside is built around a nature preserve, resulting in an outdoors-lovers dream. The family-friendly Colony neighborhood has various walking, hiking, and bike trails, all with amenities that resemble a resort-living lifestyle.

The Colony TX Weather & Climate

The Colony, TX, has a climate type of Cfa, according to its Köppen classification. The best time of the year to visit The Colony Texas is late-May to Mid-September, so you can enjoy the warm-weather activities and sunny Texas days. The Colony’s summers are hot and muggy, whereas the winters are cold and windy.

The Colony’s summer high is 95 degrees Fahrenheit, and The Colony’s average winter low is 38 degrees Fahrenheit. The annual rainfall in The Colony is 39 inches per year, and the average snowfall is 1 inch per year.

Things to do in The Colony, TX

Are you looking for things to do in The Colony? Here is our list of fun places to go in Texas—many Texas activities take place in The Colony. While The Colony has great shopping choices (such as SCHEELS, Austin Square, and Grandscape), there are other fun things to do in The Colony.

Stewart Creek Fishing Pier

It would be silly not to utilize the beautiful lake that The Colony is so famous for. Enjoy this Colony, Texas, family-friendly outdoor excursion.

Stewart Creek Park, 3700 Sparks Rd, The Colony, TX 75056, (972) 624-2248

The Colony Five-Star Complex

Another free family-friendly attraction of The Colony; the Five Star Complex! Kick the soccer ball around, play some catch, or enjoy a romantic date night under the stars at one of The Colony’s best park complexes.

The Colony Five Star Complex 4100 Blair Oaks Dr, The Colony, TX 75056

Studio Movie Grill

Unlike your normal movie theater, Studio Movie Grill offers entire meals while you enjoy your screen time. Enjoy the various options of the American-themed menu, complete with cocktails and appetizers. The Movie Grill is an excellent date night option! If you’re wondering what to do in The Colony in the winter, Studio Movie Grill is the place for you.

Studio Movie Grill 4800 TX-121, The Colony, TX 75056, (469) 405-8530

Additional Attractions in The Colony, TX

In addition to The Colony’s various attractions, places to visit, and excursions, they have some of the best parks in Texas, thanks to the hardworking Parks and Recreation Department.

Restaurants In The Colony TX

The Colony is home to numerous delicious restaurants. Here are the best places to eat in The Colony, Texas. 

54th Street Restaurant & Drafthouse

54th Street offers a relaxed setting with American-inspired dishes. Their tastiest menu items are The Bacon Cheese Chicken Grille and Pacific Fish Taco Platter.

54th Street Restaurant & Drafthouse 5201 TX-121, The Colony, TX 75056, (214) 469-1054

Saltgrass Steak House

Texas is known for its excellent steaks, and if you’re in The Colony, you’ll indeed have to try Colony’s choice steak house, Saltgrass. Try a perfectly cooked sirloin and loaded baked potato at one of The Colony’s best restaurants.

Saltgrass Steak House 5899 TX-121, The Colony, TX 75056, (469) 362-1118

Abuelo’s Mexican Restaurant

Abuelo’s is one of the top restaurants in The Colony. From tacos to enchiladas, you’ll find a delicious dish you’ll love.

Abuelo’s Mexican Restaurant 5733 TX-121, The Colony, TX 75056, (214) 618-0788

Jobs in The Colony TX

The largest industries in The Colony are retail trade, finance and insurance, and healthcare and social assistance. The average salary per year is $72,000, $17.07 per hour—the trends in wages have increased by 1.1% since the last quarter of 2022.

The largest industries in The Colony, Texas, are Toyota, FedEx, and Liberty Mutual Insurance. The Colony, Texas, has numerous job opportunities to browse along with city jobs for The Colony.

The Colony Schools

The Colony is a part of the Lewisville Independent School District; the school district hosts six high schools. The top-rated high school in The Colony (The Colony High School) is also rated top 4 in the school district, according to the U.S. News.

Colleges near The Colony, TX:

Catch up on your studying or check out the next book on your list at The Colony’s city library.

The Colony Statistics & Information

Map of The Colony, TX

Explore other tasty restaurants and family-friendly attractions in The Colony, TX, with this map.

If you’re considering living in the Colony, TX, the information above is a great start to your journey. Before you take on your relocation alone, give Brothers Moving, the best movers in The Colony, a call at 469-000-0000.