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The Colony, TX Real Estate


According to census data in the year 2000 there were 8,836 housing units in The Colony. This represents a 23.6% growth from 7,151 in 1990.

Of those housing units, 8,807 were located in either urbanized areas or urban clusters, and 29 were located in what is classified as a rural area.

Homeownership rate in The Colony is about 82.2%. The Colony's vacancy rate, including seasonal lodging, is about 4%. Average household size is 3.14 people.

The majority of houses, apartments or condos in The Colony were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom2.90%
Two Bedrooms9.80%
Three Bedrooms64.20%
Four Bedrooms20.90%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.15
Median year structure was built1983
Median Value of occupied units$95,700
Median Price asked for vacant units$177,100

Rented Homes, Apartments and Condos

Average Household Size3.1
Median year structure was built1979
Median Monthly Rent asked for vacant units$767

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan3.40%
Simple Mortgage84%
Debt Free7.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%