At a Glance
Median Income
$100,396
$45,612 per capita
Home Value
$270,800
Zillow: $312,118
Median Rent
$1,494/mo
22.7% of income on rent
Bachelor's Degree+
35.4%
91.9% high school+
Unemployment
2.1%
1.4% poverty rate
Obesity Rate
28.9%
11.4% smoking rate
How Colonie Compares to the U.S. Average
Each bar shows Colonie's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Colonie a Good Place to Live?
A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Colonie residents earn a median household income of $100,396 , which is 34% above the national average of $75,149.
Per capita income is $45,612. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 1.4% of residents live below the poverty line. The area is home to 11,137 business establishments, including 990 restaurants.
Housing & Cost of Living
The median home value in Colonie is $270,800 , 4% below the national median of $281,900.
Zillow estimates the typical home at $312,118. Median rent is $1,494/month, with 22.7% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1965.
Education
35.4% of adults in Colonie hold a bachelor's degree or higher
(5% above the national average).
91.9% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Colonie has an average annual temperature of 49°F (10°C).
Winters average 24°F in January while summers reach 73°F in July. Annual precipitation totals 40.7 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population7,705
Median Age45.4 yrs
Density2,378/mi²
Male / Female52% / 48%
Foreign Born10.1%
Veterans5.2%
Economy
A+
Median Income$100,396
Per Capita$45,612
Unemployment2.1%
Poverty1.4%
County GDP$46,129M
Avg Weekly Wage$1,584
Housing
A+
Home Value$270,800
Rent$1,494
Ownership79.4%
Zillow$312,118
Housing Units3,121
Rent Burden22.7%
Health
Obesity28.9%
Diabetes7.7%
Smoking11.4%
Heart Disease4.5%
Premature Death7,276/100K
Climate
Avg Temp49°F
Rain40.7 in/yr
AQI36 (Good)
Elevation308 ft
Education
B+
Bachelor's+35.4%
High School+91.9%
Graduate+18.2%
School Score5.8/10
Community
2024 VoteR 37% / D 63%
Commute19 min
Broadband94.4%
Internet Speed179 Mbps
EV Stations7
Libraries19
Did You Know?
The median home in Colonie was built in 1965.
The nearest airport is Albany International (2 miles).
The Gini coefficient (income inequality) is 0.452 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
10.5% of the population has a disability.
10.1% of residents are foreign-born.
Average internet download speed is 179 Mbps.
There are 990 restaurants in the area.
The county recorded 22 fatal vehicle crashes.