The Colony is a medium-sized city located in the state of Texas. With a population of 44,534 people and 15 constituent neighborhoods, The Colony is the 81st largest community in Texas.
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 87.43% of the workforce employed in white-collar jobs, well above the national average. Overall, The Colony is a city of managers, sales and office workers, and professionals. There are especially a lot of people living in The Colony who work in management occupations (18.18%), office and administrative support (13.35%), and business and financial occupations (11.23%).
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: 9.24% 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 education level of The Colony ranks among the highest in the nation. Of the 25-and-older adult population in The Colony, 42.05% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in The Colony in 2018 was $45,257, which is wealthy relative to Texas and the nation. This equates to an annual income of $181,028 for a family of four. However, The Colony contains both very wealthy and poor people as well.
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 20.66% of the city’s residents. Important ancestries of people in The Colony include German, English, Irish, Italian, and Polish.
The most common language spoken in The Colony is English. Other important languages spoken here include Spanish and Korean.