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. There's nothing like the smell of a brand new house, and in The Colony, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to The Colony, and putting down their money on brand new construction. The Colony’s real estate is, on average, some of the newest in the nation. The Colony does seem to be experiencing an influx of affluent people, because 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. Even though The Colony is not a small city, it doesn't have a public transportation system that anybody uses for their daily commute to work.The Colony is one of the most well-educated cities in the nation. 47.66% of adults in The Colony have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. 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.
