Cost of Living in The Colony, TX
Population: 44,916 • 2026 Data
$111,090
Median Household Income
+44% vs national
$1,884
Median Monthly Rent
+40% vs national
$355,100
Median Home Value
+5% vs national
3.8%
Unemployment Rate
Housing in The Colony
The median home value in The Colony, TX is $355,100. Monthly rent for a typical unit averages $1,884, while total monthly housing costs (including utilities and insurance) average $1,849.
Rent-to-income ratio: 20.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in The Colony, TX is $111,090. The unemployment rate stands at 3.8%, with a labor force of 28,683 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.