Colonie

Population: 7,705
Median household income: $100,396
Median home value: $270,800

Located in Albany County, New York, Colonie is a community with a population of 7,705. Its median household income of $100,396 runs above the Albany County figure of $83,149.

From 2019 to 2023, Colonie's population held roughly steady from 7,737 to 7,705, while its median home value rose 24.4% from $217,600 to $270,800.

The typical home was built around 1967. 6.0% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 7,705
Median age: 45.4 yrs
Median household income: $100,396
Median home value: $270,800
Median gross rent: $1,494
Housing units: 3,223
Homeownership rate: 79.4%
Bachelor's degree or higher: 35.4%
Unemployment rate: 2.1%

Trends

ACS 5-year · 2019–2023

Population

7,7377,705

Median household income

$88,281$100,396

Median home value

$217,600$270,800

Median gross rent

$1,262$1,494

Year	Population	Median household income	Median home value	Median gross rent
2019	7,737	$88,281	$217,600	$1,262
2020	7,686	$92,238	$228,700	$1,247
2021	7,792	$96,495	$237,600	$1,312
2022	7,767	$100,093	$248,000	$1,614
2023	7,705	$100,396	$270,800	$1,494

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.9%

5 to 1716.3%

18 to 248.0%

25 to 3410.1%

35 to 4411.3%

45 to 5416.1%

55 to 6414.0%

65 to 7411.7%

75 and over8.7%

	Count	Share
Under 5	297	3.9%
5 to 17	1,258	16.3%
18 to 24	613	8.0%
25 to 34	780	10.1%
35 to 44	867	11.3%
45 to 54	1,239	16.1%
55 to 64	1,080	14.0%
65 to 74	899	11.7%
75 and over	672	8.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,748	74.6%
Black or African American	371	4.8%
American Indian & Alaska Native	0	0.0%
Asian	615	8.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	8	0.1%
Two or more races	612	7.9%
Hispanic or Latino (any race)	351	4.6%

Educational attainment (age 25+)

No high school diploma8.1%

High school graduate23.8%

Some college or associate's32.7%

Bachelor's degree17.3%

Graduate or professional degree18.1%

	Count	Share
No high school diploma	449	8.1%
High school graduate	1,318	23.8%
Some college or associate's	1,811	32.7%
Bachelor's degree	957	17.3%
Graduate or professional degree	1,002	18.1%

Commute to work

Mean travel time to work: 19 min

Drove alone77.3%

Carpooled5.2%

Public transit1.3%

Walked2.0%

Bicycle0.0%

Worked from home13.0%

Other means1.3%

How workers get to work

	Count	Share
Drove alone	2,903	77.3%
Carpooled	195	5.2%
Public transit	49	1.3%
Walked	74	2.0%
Bicycle	0	0.0%
Worked from home	487	13.0%
Other means	48	1.3%

Travel time

	Count	Share
Under 15 min	1,088	33.3%
15 to 29 min	1,522	46.6%
30 to 44 min	449	13.7%
45 to 59 min	143	4.4%
60+ min	67	2.0%

Households

Average household size: 2.43
Poverty rate: 6.0% (464 of 7,705)

	Count	Share
Family households	1,891	59.8%
Nonfamily households	1,270	40.2%

Housing

Median year structure built: 1967

Occupancy

	Count	Share
Occupied	3,161	98.1%
Vacant	62	1.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,509	79.4%
Renter-occupied	652	20.6%

1-unit, detached80.1%

1-unit, attached1.0%

2 to 4 units7.8%

5 to 19 units7.8%

20 or more units2.5%

Mobile home & other0.8%

Units in structure

	Count	Share
1-unit, detached	2,581	80.1%
1-unit, attached	33	1.0%
2 to 4 units	252	7.8%
5 to 19 units	250	7.8%
20 or more units	82	2.5%
Mobile home & other	25	0.8%

Geography

Place GEOID: 3617332
Type (LSAD): 47
Land area: 3.24 sq mi
Water area: 0 sq mi
Center point: 42.7209, -73.8317