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:
19.7 miles

Population:
39,734

The Colony: 2010 projected – 52,960

Five-mile radius: 73,000

Eight-mile radius: 363,000

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)

Average Household Income:
$87,715

Median House Value:
$136,554

Average Age:
31.88

Median Age:
32.05

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:
City of Colony: 0.69000
Denton County: 0.23577
Lewisville ISD: 1.38000
Total: 2.30577 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:

% in Labor Force over 16:
63.9%