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Colonie, NY

Full City Profile · New York · Albany County County

3.7 /5.0
B+ Good
7,705 Population 2,378/sq mi density
$100,396 Median Income $45,612 per capita
$270,800 Home Value $312,118 Zillow
$1,494 Median Rent 22.7% income on rent
49°F Avg Temperature 246 sunny days/yr
813 Violent Crime/100K 3,943 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$100,396 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$270,800 home value, $1,494/mo rent
F
Safety
1.0 / 5.0
813 violent crimes/100K (114% above avg)
B+
Education
3.8 / 5.0
35.4% bachelor's degree or higher

Income Overview

Median Household Income
$100,396
34% above
US avg: $75,149
Per Capita Income
$45,612
17% above
US avg: $39,052
Unemployment Rate
1.3%
64% below
US avg: 3.6%
Poverty Rate
1.4%
89% below
US avg: 12.4%

Income Comparison: Colonie vs. U.S. Average

Each bar shows Colonie’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$100,396
134%
Per Capita
US: $39,052
$45,612
117%
IRS Avg AGI
US: $72,000
$111,844
155%
Avg Weekly Wage
US: $1,432
$1,584
111%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,584
11% above US avg ($1,432)
Mean Commute Time
19 min
30% below US avg (28 min)
Work From Home
13.0%
14% below US avg (15.2%)
Drive Alone
77.3%
6% above US avg (73.2%)
Public Transit
1.3%
74% below US avg (5.0%)
County GDP
$46,129M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.3%
Public Transit 1.3%
Work From Home 13%
Other 8.4%
Average commute time
19 minutes
US avg: 28 min

Business Landscape

Total Establishments
11,137
Restaurants
990
Healthcare
1,021
Retail
1,229
Manufacturing
222

Tax & Financial

IRS Avg Adjusted Gross Income
$111,844
55% above US avg ($72,000)
Avg Property Tax
$10,165
190% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$100,396
Per Capita Income$45,612
IRS Avg Adjusted Gross Income$111,844
Avg Weekly Wage$1,584
County GDP$46,129M

Hardship Indicators

Unemployment Rate1.3%
Poverty Rate1.4%
Gini Coefficient0.452
Cost of Living Index107.9

Commute

Mean Commute19 minutes
Drive Alone77.3%
Public Transit1.3%
Work From Home13.0%

Businesses

Total Establishments11,137
Restaurants990
Healthcare1,021
Retail1,229
Manufacturing222

Tax

IRS Avg AGI$111,844
Avg Property Tax$10,165