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Colonie, New York

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
7,702
Population
$103,983
Median Income
$285,400
Home Value
43.4
Median Age

Demographics

Colonie has a population of 7,702 with a median age of 43.4. Here is the racial and ethnic breakdown of the population:

White
81.5%
Other
5.3%
Asian
4.9%
Black
4.8%
Hispanic
3.5%
Demographic Value
Total Population7,702
Median Age43.4
White81.5%
Black or African American4.8%
Asian4.9%
Hispanic or Latino3.5%
Other / Two or More Races5.3%
Colonie, New York — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 81.5%Other: 5.3%Asian: 4.9%Black: 4.8%Hispanic/Latino: 3.5%7,702PopulationWhiteWhite81.5%OtherOther5.3%AsianAsian4.9%BlackBlack4.8%Hispanic/LatinoHispanic/Latino3.5%

Income & Economy

The median household income in Colonie is $103,983, which is 29.0% above the national median of $80,610. The per capita income is $44,842. The poverty rate is 7.5%.

$103,983
Median Household Income
$44,842
Per Capita Income
7.5%
Poverty Rate

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Education

In Colonie, 89.5% of residents age 25+ have a high school diploma or higher, and 35.7% hold a bachelor's degree or higher (18.5% with a graduate or professional degree).

HS Diploma+
89.5%
Bachelor's+
35.7%
Graduate+
18.5%
Education Level % of Adults (25+)
High School Diploma or Higher89.5%
Bachelor's Degree or Higher35.7%
Graduate or Professional Degree18.5%

Housing

The median home value in Colonie is $285,400, below the national median of $303,400. The median monthly rent is $1,570. The homeownership rate is 80.2%.

$285,400
Median Home Value
$1,570/mo
Median Rent
80.2%
Homeownership Rate
Housing Metric Value
Median Home Value$285,400
Median Monthly Rent$1,570
Homeownership Rate80.2%
Vacancy Rate2.0%

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Frequently Asked Questions

What is the population of Colonie, New York?
The population of Colonie, New York is 7,702 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Colonie, New York?
The median household income in Colonie, New York is $103,983. This is 29.0% above the national median of $80,610.
What is the median home value in Colonie, New York?
The median home value in Colonie, New York is $285,400. The median monthly rent is $1,570.
What percentage of people in Colonie have a college degree?
In Colonie, New York, 35.7% of adults age 25 and older hold a bachelor's degree or higher, and 89.5% have a high school diploma or higher.
Is Colonie, New York an affordable place to live?
The home price-to-income ratio in Colonie, New York is 2.7x (median home value $285,400 vs. median income $103,983), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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