How many renters in The Colony, TX pay more than 30% of their income on rent?
39.4% (±8.5 points) of renting households in The Colony, TX spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
26.5% spend 35% or more.
The median renting household spends 26.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 39.4% (±8.5 points)
- Paying 35% or more
- 26.5% (±6.2 points)
- Median share of income
- 26.7% (±1.9 points)
Rent as a share of income in The Colony
| Share of income spent on rent | The Colony | Denton County | Texas | United States |
|---|---|---|---|---|
| Less than 15% | 10.7% (±4.5 points) | 8.7% | 11.2% | 12.6% |
| 15% to 19.9% | 12.6% (±4.3 points) | 11.4% | 12.3% | 12.2% |
| 20% to 24.9% | 21.4% (±5.5 points) | 15.1% | 13.2% | 12.6% |
| 25% to 29.9% | 15.8% (±6.8 points) | 13.6% | 11.6% | 11.5% |
| 30% to 34.9% | 12.9% (±5.8 points) | 9.9% | 9.4% | 9.2% |
| 35% or more | 26.5% (±6.2 points) | 41.3% | 42.3% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
The Colony against Denton County, its state and the nation
| The Colony | Denton County | Texas | United States | |
|---|---|---|---|---|
| Paying 30% or more | 39.4% (±8.5 points) | 51.2% (±1.7 points) | 51.7% (±0.3 points) | 51.1% |
| Paying 35% or more | 26.5% (±6.2 points) | 41.3% (±1.4 points) | 42.3% (±0.3 points) | 41.9% |
| Median share of income | 26.7% (±1.9 points) | 30.6% (±0.7 points) | 30.9% (±0.2 points) | 30.6% |
| Median renter household income | $90,189 (±$5,253) | $67,585 (±$1,879) | $53,222 (±$285) | $52,966 |
| Median gross rent | $1,958 (±$94) | $1,728 (±$18) | $1,403 (±$4) | $1,413 |
In The Colony, the share of renters paying 30% or more of income is lower than in Denton County (51.2%).
It is also lower than in Texas (51.7%).
It is lower than the national figure (51.1%).
In Denton County, The Colony ranks 26 of 35 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 887 of 1,366.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near The Colony
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| The Colony | — | 39.4% (±8.5 points) | — |
| Hebron | 3.1 mi | 81.8% (±105.8 points) | Not measurably different |
| Hackberry | 4.2 mi | 45.2% (±29.3 points) | Not measurably different |
| Lewisville | 4.9 mi | 50.7% (±3.6 points) | Higher |
| Lakewood Village | 5.3 mi | 0.0% (±141.4 points) | Not measurably different |
| Frisco | 6.5 mi | 45.1% (±4.3 points) | Not measurably different |
| Carrollton | 6.9 mi | 47.9% (±3.8 points) | Not measurably different |
| Little Elm | 7.2 mi | 43.8% (±8.5 points) | Not measurably different |
| Lake Dallas | 7.4 mi | 53.4% (±35.6 points) | Not measurably different |
Nearby places with a measurably higher figure: Lewisville, TX (50.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Denton County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 20 | Roanoke | 45.4% (±14.2 points) |
| 21 | Hackberry | 45.2% (±29.3 points) |
| 22 (tie) | Little Elm | 43.8% (±8.5 points) |
| 22 (tie) | Trophy Club | 43.8% (±22.8 points) |
| 24 | Justin | 43.1% (±31.1 points) |
| 25 | Savannah | 41.6% (±29.3 points) |
| 26 | The Colony | 39.4% (±8.5 points) |
| 27 | Krum | 36.4% (±19.3 points) |
| 28 | Lantana | 32.4% (±30.8 points) |
| 29 | Northlake | 30.9% (±18.7 points) |
| 30 | Paloma Creek South | 27.7% (±17.0 points) |
| 31 | Pilot Point | 24.8% (±23.6 points) |
| 32 | Hickory Creek | 15.7% (±21.0 points) |
Showing 13 of 35 places in Denton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about The Colony
Are renters in The Colony rent-burdened?
39.4% of renting households in The Colony pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in The Colony spend on rent?
The median renting household in The Colony, TX spends 26.7% (±1.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — The Colony city, Texas
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — The Colony city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — The Colony city, Texas
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for The Colony city, Texas (place:72530, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in The Colony at a glance
- Median rent in The Colony
- Rent by bedrooms in The Colony
- Renters and owners in The Colony
- Income and affordability in The Colony
- Home values in The Colony
- Homeowner costs in The Colony
- Property taxes in The Colony
- Types of homes in The Colony
- Bedrooms in The Colony
- Age of homes in The Colony
- Vacancy rate in The Colony
- Heating fuel in The Colony
- Commute and cars in The Colony
- Crime reported to police in The Colony
- Population growth in The Colony
- How long people stay in The Colony
- Crowding and facilities in The Colony
- Fair Market Rent in The Colony
- Texas landlord and tenant rules
- Housing across Denton County
- Texas places ranked by rent burden
- Housing data for every place in Texas