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The Colony
The Colony
Texas
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The Colony is a city in Denton County, Texas, United States, and a suburb of Dallas. The population was 36,328 at the 2010 census. The Colony is home to the Five Star Athletic Complex, completed in 2003. The Colony was named the Sports Illustrated 50th Anniversary Sports Town of The United States in that same year. The city is home to Pizza Inn's corporate headquarters, as well as an Edward Don distribution center and a variety of small and medium-sized businesses. The Grandscape development, anchored by Nebraska Furniture Mart, is driving a new development boom in the city. Located on the southeast side of the city, across Sam Rayburn Tollway from the larger part of the city, is Austin Ranch, a mixed-use development consisting of retail businesses, apartments and condominiums.

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Taxes

B

How did Texas earn the grade of B? We examined the state taxes based on how age friendly they are. Texas has a state sales tax of 6.25%. Of particular interest is that Texas does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Texas has an effective property tax rate of 1.86%. Weighing these taxes and other taxes most likely to impact the aging population is how Texas earned its state tax grade of B.

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