The Colony is a medium-sized city located in the state of Texas. With a population of 45,471 people and 15 associated neighborhoods, The Colony is the 81st largest community in Texas. The Colony has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in The Colony, where the median household income is $111,090.00. The Colony real estate is some of the most expensive in Texas, although The Colony house values don't compare to the most expensive real estate in the U.S.The Colony is a decidedly white-collar city, with fully 88.25% of the workforce employed in white-collar jobs, well above the national average. Overall, The Colony is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in The Colony who work in management occupations (16.96%), office and administrative support (11.87%), and business and financial occupations (10.91%). Also of interest is that The Colony has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.61% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. The city of The Colony is a decent size, but despite this, it doesn't have a viable public transit system that people can use to get to work.The citizens of The Colony are among the most well-educated in the nation: 47.66% of adults in The Colony have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree. The per capita income in The Colony in 2022 was $57,739, which is wealthy relative to Texas and the nation. This equates to an annual income of $230,956 for a family of four. The Colony is an extremely ethnically-diverse city. The people who call The Colony home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of The Colony residents report their race to be White, followed by Black or African-American. The Colony also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.95% of the city’s residents. Important ancestries of people in The Colony include German, English, Irish, Italian, and Scottish. The most common language spoken in The Colony is English. Other important languages spoken here include Spanish and Vietnamese.
