Cost of Living and Housing in The Colony, Texas

The Colony has about 45,454 residents. Median gross rent is $1,958 per month and median household income is $114,511.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $1,958/mo 18% above the dataset median

Median Home Value $383,900 Close to the dataset median

Median Household Income $114,511 36% above the dataset median

Owner-Occupied Homes 60% Share of occupied housing units

Rent-to-Income Baseline 21% Annual median rent ÷ household income

Home Value-to-Income 3.4x Median value ÷ household income

How The Colony compares

Rent is 18% above the dataset median, while household income is 36% above the dataset median. Within Texas, The Colony ranks #137 from lowest to highest rent and #39 from highest to lowest household income among 162 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Texas

Frequently asked questions

What is the median rent in The Colony?

Median gross rent is $1,958 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in The Colony?

The median value of owner-occupied homes is $383,900 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in The Colony is $114,511 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.