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2024 Compare Cities Economy:
Southlake, TX vs The Colony, TX

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Highlights
- Household income in The Colony, is 60% less than it is in Southlake and is 29% above the National Average.
- Southlake unemployment rate is 4.8%.
- The Colony unemployment rate is 5.8%.

Economy
 Southlake, TXThe Colony, TXUnited States
 Unemployment Rate4.8%5.8%6.0%
 Recent Job Growth2.7%3.3%1.6%
 Future Job Growth44.2%45.6%33.5%
 Sales Taxes8.3%8.3%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$98,952$49,377$37,638
 Household Income$239,833$96,901$69,021
 Family Median Income$249,932$115,177$85,028
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 Est. Households By Income
 Southlake, TXThe Colony, TXUnited States
 Income Less Than 15K1.9%5.0%9.4%
 Income between 15K and 20K0.8%1.3%3.8%
 Income between 20K and 30K1.2%4.1%8.1%
 Income between 30K and 40K2.6%3.8%8.0%
 Income between 40K and 50K0.4%6.3%7.6%
 Income between 50K and 60K1.6%7.6%7.2%
 Income between 60K and 75K3.5%7.2%9.6%
 Income between 75K and 100K5.8%16.6%12.8%
 Income between 100K and 150K8.9%23.6%16.3%
 Income between 150K and 200K12.3%12.5%7.8%
 Income greater than 200K61.1%12.0%9.5%
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 Population By Occupation
 Southlake, TXThe Colony, TXUnited States
 Management, business, finance40.1%29.0%16.4%
 Engineering, computers, science7.5%11.9%6.5%
 Community, social services0.9%0.9%1.8%
 Legal2.5%0.3%1.2%
 Education, library5.6%5.5%6.2%
 Arts, design, media, sports, entertainment2.9%2.3%2.0%
 Healthcare practitioners and technology9.5%4.0%6.2%
 Healthcare support0.5%2.2%3.3%
 Firefighters, law enforcement0.4%1.5%2.1%
 Food preparation, serving1.3%4.3%5.4%
 Building maintenance0.4%1.4%3.6%
 Personal care0.9%1.8%2.6%
 Sales, office, administrative support19.5%24.2%20.9%
 Farming, fishing, forestry0.6%0.1%0.6%
 Construction, extraction, maintenance/repair1.5%3.8%8.1%
 Production, transportation, material moving6.0%6.9%13.1%

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Reviews for Southlake    7 Reviews

The schools in Southlake Texas mostly receive the highest ratings. THis is a great place to live and a great place to bring up  More

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I am from the Fort Worth, so i have lived in Texas all my life. Southlake is my current home with my wife and 4 boys i can't say enough about the school system. If  More

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I lived in Southlake for over four years. I loved how well planned and attractive the community was and how convenient it was to get to a multitude of nice shopping and  More

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Reviews for The Colony    8 Reviews

I've lived in The Colony since 2001. It's never been a fancy place but it was decent enough. We were famous for being the only wet city around and having plenty of  More

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The Colony is a true gem! A wonderful location to raise your children, excellent schools, low crime, and affordable housing! A true community feel with tons of kid  More

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Over 13 years ago

I was surprised to read 3 negative views on The COlony. We love it here. It has a small town feel and is very friendly. We live in a perfectly lovely neighborhood. The  More

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ZIPS IN SOUTHLAKE, TEXAS
76092
ZIPS IN THE COLONY, TEXAS
75056

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