Colonie, NY
Population 7,705 · New York
About Colonie, NY
Colonie is a small community in New York with a population of 7,705 residents. The median household income is $100,396 per year, which is above the national average. The median age in Colonie is 45.4 years.
Housing in Colonie has a median home value of $270,800 and median monthly rent of $1,494. Of the 3,223 total housing units, the majority are owner-occupied, with 2,509 owner-occupied and 652 renter-occupied units.
The unemployment rate in Colonie is 2.1% and the poverty rate is 6.0%. 35.4% of residents hold a bachelor's degree or higher. The average commute time is 19.4 minutes.
Cost of Living in Colonie, NY
Compared to national averages, Colonie has a median household income of $100,396 (34% above the national median of $75,149). Home values average $270,800, which is 11% above the national median. Monthly rent at $1,494 is 28% above the US average of $1,163. Within New York, Colonie's income is 4% above the state average of $96,987, and home values are 30% below the state median of $387,181.
Why Live in Colonie, NY?
Colonie offers a strong local economy with a median household income of $100,396, well above the national average, and a strong job market with an unemployment rate of just 2.1%, and a well-educated community where 35.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.0%, better than the national average, and short commute times averaging just 19.4 minutes.
Colonie has a population of 7,705 with a median age of 45.4 years. Compare Colonie with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Colonie
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Geneseo | 7,700 | $44,830 | $207,700 | Compare |
| Manhasset | 7,730 | $180,776 | $1,338,700 | Compare |
| Baldwinsville | 7,732 | $80,104 | $183,600 | Compare |
| Ilion | 7,636 | $61,880 | $100,800 | Compare |
| Westmere | 7,616 | $86,398 | $291,200 | Compare |
| Port Jefferson Station | 7,605 | $117,087 | $472,400 | Compare |
| Hewlett | 7,599 | $135,139 | $609,800 | Compare |
| Baywood | 7,577 | $112,546 | $411,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Colonie
What is the population of Colonie, NY?
The population of Colonie, NY is 7,705 according to the latest Census data.
What is the median household income in Colonie?
The median household income in Colonie, NY is $100,396 per year.
What is the median home value in Colonie?
The median home value in Colonie, NY is $270,800.
What is the average rent in Colonie?
The median monthly rent in Colonie, NY is $1,494.
What is the unemployment rate in Colonie?
The unemployment rate in Colonie, NY is 2.1%.