Fact text

  • The Colony boasts about 23 miles of Lewisville Lake shoreline, enough waterfront to earn the nickname 'City by the Lake.'
  • An entire city was basically born overnight: developers bought 3,000 acres in 1973 and the first families moved into brand-new homes just one year later.
  • A Griffin Middle School student from The Colony beat 54 state champions to win the National Geographic Bee in 2009, not bad for a suburb!
Your
The Colony
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
43791
+
Total Population
Stat icon
$
87748
Median Income
Stat icon
$
244400
Median Home
Stat icon
8
%
Age 65+
Retirement Suitability
How
The Colony
ranks for retirees?
77
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
79
Affordability
83
Healthcare
72
Climate
74

Results

The Colony

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
79

Texas levies no state income tax, so Social Security, pension payments, and retirement account withdrawals are all free from state-level taxation.

State sales tax here runs about

%.

Source · Tax Foundation
79
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
83

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
83
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
72

The area has

13

Medicare-certified hospitals, averaging a

4

/5 CMS quality rating.

Source · CMS Hospital Compare
4
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
74

A

climate — summers peak near

°F, winters dip to about

°F, with roughly

0

″ of snow a year.

Source · NOAA Climate Normals
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively High

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively High

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