---
title: 20. The Colony, TX
description: 'Top 50 rank: 20Population: 39,055 One way to beat the Texas heat: Build your own lake. This suburb sits along manmade Lewisville Lake, a perfect…'
authors:
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published: '2014-05-30T15:10:54.000Z'
modified: '2014-05-30T15:10:54.000Z'
section: Everyday Money
canonical: https://money.com/collection-post/20-the-colony-tx/
type: Article
source: structured-blocks
---

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![201309_BPL_THECOLONY](https://img.money.com/2014/05/201309_bpl_thecolony.jpg)
*The Colony, TX*

**Top 50 rank**: 20**Population**: 39,055

One way to beat the Texas heat: Build your own lake. This suburb sits along manmade Lewisville Lake, a perfect spot for swimming and boating.

The town also offers plenty of job opportunities; several big firms have headquarters in nearby Plano, and Dallas is just 30 minutes away. Homes are cheap, with an average sale price of around $135,000.

The downside: Few retail options and no historical downtown area. *\--S.M.*

<table style="height:53px"><tbody><tr><td><h3 class="collection-subhead">The Colony, TX</h3></td><td><h3 class="collection-subhead">Town stats</h3></td></tr></tbody></table>

<table style="height:177px"><tbody><tr><td>Median family income (per year)</td><td>$89,308</td></tr><tr><td>Job growth % (2010-2012)</td><td>8.30%</td></tr><tr><td>Median home price (2012)</td><td>$135,863</td></tr><tr><td>Reading test scores (% above/below average)</td><td>4.0%</td></tr><tr><td>Math test scores (% above/below average)</td><td>6.9%</td></tr><tr><td>Personal crime incidents (per 1,000)</td><td>1</td></tr><tr><td>Property crime incidents (per 1,000)</td><td>15</td></tr></tbody></table>

<table style="height:228px"><tbody><tr><td><h3 class="collection-subhead">Financials</h3></td><td></td></tr><tr><td>Median family income (per year)</td><td>$89,308</td></tr><tr><td>Family purchasing power (annual, cost-of-living adjusted)</td><td>$92,739</td></tr><tr><td>Sales tax</td><td>8.25%</td></tr><tr><td>State income tax rate (highest bracket)</td><td>0.00%</td></tr><tr><td>State income tax rate (lowest bracket)</td><td>0.00%</td></tr><tr><td>Auto insurance premiums (Average price quotes, for the state)</td><td>$1,800</td></tr><tr><td>Job growth % (2010-2012)</td><td>8.30%</td></tr></tbody></table>

<table style="height:103px"><tbody><tr><td><h3 class="collection-subhead">Housing</h3></td></tr><tr><td>Median home price (2012)</td><td>$135,863</td></tr><tr><td>Average property taxes<span class="smallerTxt">(2012)</span></td><td>$3,387</td></tr></tbody></table>

<table style="height:153px"><tbody><tr><td><h3 class="collection-subhead">Education</h3></td></tr><tr><td>Colleges, universities and professional schools (within 30 miles)</td><td>20</td></tr><tr><td>Reading test scores (% above/below state average)</td><td>4.0%</td></tr><tr><td>Test scores math (% above/below average)</td><td>6.9%</td></tr><tr><td>% students attending public/private schools (located within town limits)</td><td>100.0/0.0</td></tr></tbody></table>

<table style="height:203px"><tbody><tr><td><h3 class="collection-subhead">Quality of life</h3></td></tr><tr><td>Air quality index* (% of days AQI ranked as good)</td><td>75.5%</td></tr><tr><td>Personal crime incidents (per 1,000)</td><td>1</td></tr><tr><td>Property crime incidents (per 1,000)</td><td>15</td></tr><tr><td>Median commute time (in minutes)</td><td>29.5</td></tr><tr><td>% population with commute 45 mins. or longer</td><td>18.4%</td></tr><tr><td>% population walk or bike to work</td><td>1.4%</td></tr></tbody></table>

<table style="height:253px"><tbody><tr><td><h3 class="collection-subhead">Leisure and culture</h3></td></tr><tr><td>Movie theaters (within 15 miles)</td><td>40</td></tr><tr><td>Restaurants (within 15 miles)</td><td>3,842</td></tr><tr><td>Bars (within 15 miles)</td><td>209</td></tr><tr><td>Public golf courses (within 30 miles)</td><td>178</td></tr><tr><td>Libraries (within 15 miles)</td><td>31</td></tr><tr><td>Museums (accredited by AAM; within 30 miles)</td><td>5</td></tr><tr><td>Ski resorts (within 100 miles)</td><td>N.A.</td></tr><tr><td>Arts funding (Dollars per person of state funds spent on arts)</td><td>0.3</td></tr></tbody></table>

<table style="height:153px"><tbody><tr><td><h3 class="collection-subhead">Weather</h3></td></tr><tr><td>Annual rainfall (inches)</td><td>34.73</td></tr><tr><td>% clear days in the area</td><td>64%</td></tr><tr><td>High temp in July ° F</td><td>95.5°</td></tr><tr><td>Low temp in Jan ° F</td><td>30.8°</td></tr></tbody></table>

<table style="height:178px"><tbody><tr><td><h3 class="collection-subhead">Meet the neighbors</h3></td></tr><tr><td>Median age</td><td>32.8</td></tr><tr><td>Completed at least some college (% of residents)</td><td>71.2%</td></tr><tr><td>Married %</td><td>53.0%</td></tr><tr><td>Divorced %</td><td>11.1%</td></tr><tr><td>Racial diversity index (100 is national average; higher numbers indicate greater diversity)</td><td>112.7</td></tr></tbody></table>

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