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 Type | 0.30% |
| One Bedroom | 2.90% |
| Two Bedrooms | 9.80% |
| Three Bedrooms | 64.20% |
| Four Bedrooms | 20.90% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.15 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $95,700 |
| Median Price asked for vacant units | $177,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.1 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $767 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 84% |
| Debt Free | 7.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
