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The Colony Recognized as Playful City USA- only 151 in the US & 9 in Texas!
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"Our Dallas office outgrew its prior space, and The Colony offered a more central location for our customers and employees. Working with the City's staff was extremely easy and enjoyable. Their involvement from the initial meetings was critical in our decision-making process to select The Colony over other options we had. We now have a brand new facility in The Cascades to showcase to our existing customers and new prospects. We were able to design our facility so that it would function as an office work space and enduser demo facility, which is critical to our success."

Dean Mazzola
Regional Sales Manager Sigma Solutions, Inc.


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2013 Demographics:
City Limits
(6mb)

2013 Demographics: Primary Retail Trade Area (4.5mb)

2013 Demographics: Secondary Retail Trade Area(4.7mb)
2013 Primary Retail Trade Area Market Profile (3.7mb) 2013 Secondary Retail Trade Area Market Profile (4.6mb) 2014 Traffic Counts (35kb)

Incorporated:
1977

Form of Government:
Council Manager with a Mayor and six council members

Elevation:
546 feet

County:
Denton

Land Area:
13.7 square miles

Zip Code:
75056

Distance from DFW airport:
18 miles

Population:
40,028 (2013 Estimated)

The Colony: 2018 projected – 45,550

2013 Primary RTA Pop. 137,261

2013 Secondary RTA Pop. 237,540

Nearest city with pop. 50,000+:
Carrollton, TX (7.0 miles, pop. 109,576)

Nearest city with pop. 200,000+:
Plano, TX (4.0 miles, pop. 222,030)

Nearest city with pop. 1,000,000+:
Dallas, TX (21.2 miles, pop. 1,188,580)

Nearest cities:
Plano, TX (4.0 miles)

Little Elm, TX (5.9 miles)

Frisco, TX (6.0 miles)

Carrollton, TX (7.0 miles)

Lewisville, TX (9.1 miles)

Addison, TX (9.8 miles)

2013 Est. Average Household Income:
$89,673

2013 Est. Median Household Income:

$75,457

Retail Trade Area Est. Average
Household Income:

$123,890

Retail Trade Area Est. Median
Household Income:

$94,580

Median 2013 House Value:
$149,464

Average Age:
32.87

Median Age:
32.97

Education:
42% of the population is college-educated (24% bachelor or graduate degree).

Summary Demographic Data:

The Colony compared to Texas state average.

  • Median household income above state average.
  • Unemployed percentage below state average.
  • Hispanic race population percentage significantly above state average.
  • Median age significantly below state average.
  • Foreign-born population percentage significantly above state average.
  • Renting percentage below state average.
  • Length of stay since moving in significantly below state average.
  • House age significantly below state average.

Taxes, Wages & Labor:

Tax Profile: (As of Oct. 1, 2013)
City of Colony: 0.6775
Denton County: 0.284914
Lewisville ISD: 1.477
Total: 2.439414 per $100 in Valuation

Sales Tax Rate:
State: 6.25%

Economic Development Sales Tax: 0.50%

Community Development Sales Tax: 0.50%

Municipal: 1.00%

Average Wage Data:

  LOW HIGH
Industrial Labor/Assembly: $5.92 $13.41
General Maintenance: $5.15 $14.86
Garment: $5.58 $58.25
Office, Clerical & Technical: $6.23 $18.23


% in Labor Force over 16:
63.9%