What percentage of people rent in The Colony, TX?
40.2% (±2.6 points) of the occupied homes in The Colony, TX are rented (2020–2024 American Community Survey).
That is 7,478 renting households against 11,113 that own their home.
In The Colony, the share of households that rent went from 38.3% in 2015–2019 to 40.2% in 2020–2024 (+1.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 40.2% (±2.6 points)
- Renting households
- 7,478 (±544)
- Median renter income
- $90,189 (±$5,253)
Who rents and who owns in The Colony
| The Colony | Denton County | Texas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 40.2% (±2.6 points) | 34.5% (±0.5 points) | 37.4% (±0.2 points) | 34.8% |
| Renting households | 7,478 (±544) | 124,469 (±2,018) | 4,113,561 (±20,050) | 45,017,354 |
| Owning households | 11,113 (±599) | 235,923 (±2,138) | 6,879,255 (±32,101) | 84,210,142 |
| Average renter household size | 2.1 (±0.2) | 2.3 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.1) | 2.9 (±0.0) | 2.9 (±0.0) | 2.6 |
| Median renter household income | $90,189 (±$5,253) | $67,585 (±$1,879) | $53,222 (±$285) | $52,966 |
| Median owner household income | $134,730 (±$10,885) | $144,599 (±$2,056) | $100,555 (±$369) | $100,009 |
In The Colony, the renter share is higher than in Denton County (34.5%).
It is also higher than in Texas (37.4%).
It is higher than the national figure (34.8%).
In Denton County, The Colony ranks 5 of 37 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 263 of 1,421.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in The Colony has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 38.3% (±2.8 points) | 40.2% (±2.6 points) | +1.9 percentage points | Not a measurable change |
| Median gross rent | $1,399 (±$49) | $1,958 (±$94) | +40.0% | Up after inflation |
| Median household income | $87,187 (±$3,735) | $114,511 (±$6,433) | +31.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near The Colony
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| The Colony | — | 40.2% (±2.6 points) | — |
| Hebron | 3.1 mi | 10.1% (±7.6 points) | Lower |
| Hackberry | 4.2 mi | 18.9% (±9.3 points) | Lower |
| Lewisville | 4.9 mi | 53.7% (±1.7 points) | Higher |
| Lakewood Village | 5.3 mi | 2.1% (±3.9 points) | Lower |
| Frisco | 6.5 mi | 34.1% (±1.4 points) | Lower |
| Carrollton | 6.9 mi | 41.5% (±1.6 points) | Not measurably different |
| Little Elm | 7.2 mi | 29.9% (±3.3 points) | Lower |
| Lake Dallas | 7.4 mi | 30.8% (±12.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Hebron, TX (10.1%), Hackberry, TX (18.9%), Lakewood Village, TX (2.1%).
Nearby places with a measurably higher figure: Lewisville, TX (53.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Denton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Lewisville | 53.7% (±1.7 points) |
| 2 | Denton | 50.0% (±1.6 points) |
| 3 | Roanoke | 45.7% (±7.2 points) |
| 4 | Carrollton | 41.5% (±1.6 points) |
| 5 | The Colony | 40.2% (±2.6 points) |
| 6 | Northlake | 38.1% (±7.0 points) |
| 7 | Lake Dallas | 30.8% (±12.9 points) |
| 8 (tie) | Little Elm | 29.9% (±3.3 points) |
| 8 (tie) | Paloma Creek | 29.9% (±15.4 points) |
| 10 | Savannah | 28.0% (±11.1 points) |
| 11 | Paloma Creek South | 26.4% (±9.0 points) |
Showing 11 of 37 places in Denton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in The Colony
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Questions about The Colony
How many renters are there in The Colony?
The Colony has an estimated 7,478 (±544) renting households, 40.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in The Colony?
In The Colony, the share of households that rent went from 38.3% in 2015–2019 to 40.2% in 2020–2024 (+1.9 percentage points), not a measurable change.
How big are renting households in The Colony?
A renting household in The Colony has 2.1 people on average, against 2.7 in an owned home.
How much do renters earn in The Colony?
The median renting household in The Colony, TX has an income of $90,189 (±$5,253) a year, against $134,730 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 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
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — The Colony city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — The Colony city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — The Colony city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
- Rent burden 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 share of renters
- Housing data for every place in Texas