The Colony, Texas, is located in Denton County, approximately 40 miles north of downtown Dallas. It is part of the Dallas-Fort Worth metropolitan area and is bordered by Lewisville to the east and Frisco to the north. The city has a population of around 45,000 residents as of the 2020 census and has experienced significant growth since its incorporation in 1977. The Colony is known for its....
The Colony, Texas, is located in Denton County, approximately 40 miles north of downtown Dallas. It is part of the Dallas-Fort Worth metropolitan area and is bordered by Lewisville to the east and Frisco to the north. The city has a population of around 45,000 residents as of the 2020 census and has experienced significant growth since its incorporation in 1977. The Colony is known for its vibrant community and recreational opportunities, including parks and lakes that enhance its appeal as a suburban destination.
The Colony is particularly famous for its entertainment options, notably the Grandscape development, which features a mix of retail, dining, and entertainment venues. This area includes attractions such as the Nebraska Furniture Mart, one of the largest home furnishings stores in North America. Additionally, The Colony is home to the scenic Lewisville Lake, which offers various outdoor activities such as boating, fishing, and hiking, contributing to the city's reputation as a family-friendly location with a strong sense of community.
Costs of Assisted Living in The Colony, TX
The costs of assisted living in The Colony, Texas, vary based on services and amenities. On average, monthly expenses for assisted living facilities are approximately $4,195, which is higher than the state average but aligns closely with national figures. Independent living options are generally more affordable, averaging around $1,971 per month. For those seeking additional care, costs can range significantly, with some facilities offering specialized services that may increase monthly fees. Overall, The Colony provides a range of senior living options that cater to different financial situations while ensuring quality care and support.
Average Income in The Colony, TX
The Colony, Texas, known for its vibrant community and proximity to Lake Lewisville, boasts an average household income of approximately $92,000 and a median income of $70,000. This reflects a robust economy driven by retail, hospitality, and technology sectors. The city offers a high quality of life with low commute times averaging around 25 minutes, numerous parks, and recreational facilities like the Hawaiian Falls Waterpark. Its family-friendly environment, well-rated public schools, and active community events make The Colony an attractive destination for both individuals and families seeking a balanced lifestyle.
Ranking of The Colony city among Top Cities in Texas
The Colony, Texas, is often recognized among the top cities in the state, celebrated for its vibrant community and suburban charm. Ranked 6th in Texas by Best Places, it offers a dense suburban feel with a population of approximately 44,323. The city is known for its excellent public schools and a variety of recreational amenities, making it ideal for families and young professionals. With a median household income of $106,518 and a strong sense of community, The Colony continues to attract residents seeking a balanced lifestyle near Dallas.
Top Assisted Living Facilities in The Colony, TX
Some of the top assisted living facilities in The Colony, TX include:
- Evergreen at Morningstar
- Discovery Village At Castle Hills
- Fahari Senior Living
- Mayberry Gardens
These facilities focus on providing personalized care and a supportive community for their residents.
