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Colonie, New York Demographics & Population 2026

During the 2020–2024 ACS period, Colonie, New York had a total population of 7,702, the 250th largest village in New York, with a median household income of $103,983, which is 21% higher than the state average. The poverty rate is 7.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Colonie Quick Facts

Population 7,702
Median Household Income $103,983
Median Home Value $285,400
Poverty Rate 7.4%
Unemployment Rate 1.2%
Median Age 43.4 years
Homeownership Rate 80.2%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 35.7%
High School Graduation Rate 89.5%
Diversity Index 34/100
Population 7,702 250th of 1,289
Median Income $103,983 above average
Poverty Rate 7.4% 40% lower than national
Median Home Value $285,400 average

How Colonie Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,7057,702-0.0%
Median household income$100,396$103,983+3.6%
Median home value$270,800$285,400+5.4%

How Colonie Compares

Economy & Housing

Household Income Distribution

Under $25K 9.9%
$25K-$50K 11.5%
$50K-$100K 24.9%
$100K+ 53.7%
Detailed income brackets
Under $10K
2.9%
$10K-$15K
3.4%
$15K-$20K
1.8%
$20K-$25K
1.8%
$25K-$30K
2.4%
$30K-$35K
1.1%
$35K-$40K
1.9%
$40K-$45K
2.7%
$45K-$50K
3.4%
$50K-$60K
7.7%
$60K-$75K
6.6%
$75K-$100K
10.6%
$100K-$125K
17.9%
$125K-$150K
9.6%
$150K-$200K
20.3%
$200K+
5.9%

Employment

1.2% Unemployment Rate State: 6.4%|National: 5.2%
61.6% Labor Force Participation

Housing Overview

Owner 80.2%
Renter 19.8%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $1,570/mo 18.1% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Colonie Rankings in New York

#250 Population of 1,289
#438 Median Income of 1,219
#602 Education of 1,288
#562 Home Value of 1,232

Other Cities in Albany County

CityPopulationMedian IncomePovertyHome Value
Albany 100,492 $61,986 22.9% $234,700
Cohoes 18,159 $61,145 25.9% $223,400
Latham 13,802 $104,899 9.0% $326,900
Roessleville 10,968 $96,058 6.7% $264,500
Loudonville 10,527 $142,829 3.3% $391,200
Watervliet 10,287 $57,919 18.4% $179,700
Westmere 8,334 $88,378 7.2% $313,400
Menands 4,505 $80,583 5.4% $271,300
Ravena 3,243 $77,217 5.8% $209,100
Green Island 2,970 $59,406 20.6% $138,300

Cities Similar to Colonie

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Binghamton University7,449N/AN/A0.0%N/A
Lake Carmel7,854$109,243$363,70034.6%8.3%
Cedarhurst7,320$101,572$861,90046.8%6.4%
Great Neck Plaza7,593$92,474$416,10066.3%8.6%
Port Jefferson Station7,676$120,734$507,90041.7%9.8%

Population Overview

Colonie is a small city located in New York, within Albany County. The total population is 7,702. It ranks as the 250th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Colonie is 43.4 years. This is 9% higher than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Colonie is $103,983. This is 21% higher than the state median of $85,974. It is also 29% higher than the national median of $80,734. The poverty rate stands at 7.4%. This is 47% lower than the state poverty rate of 14.0%. The unemployment rate is 1.2%. This is 81% lower than the state rate of 6.4%. The median home value is $285,400. Housing costs are 33% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.7x, Colonie is one of the most affordable housing markets in the area. 80.2% of occupied housing units are owner-occupied. This homeownership rate is 48% higher than the state average of 54.4%.

Race & Ethnicity

The largest racial or ethnic group in Colonie is White (non-Hispanic), making up 80.4% of the population. Asian residents account for 4.6%. The White (non-Hispanic) population is significantly higher than the state average (80.4% vs 52.8%). The Black or African American population (4.4%) is well below the state average of 13.4%. The Hispanic or Latino population (3.5%) is well below the state average of 19.8%.

Education

35.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.5%. Notably, 18.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Colonie, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Colonie, New York?

Colonie, New York has a population of 7,702 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Colonie, NY?

The median household income in Colonie is $103,983, which is 29% higher than the national median of $80,734.

What is the poverty rate in Colonie, NY?

The poverty rate in Colonie is 7.4%. This means approximately 574 residents live below the federal poverty line.

What is the racial makeup of Colonie, New York?

Colonie's population is 80.4% White, 4.4% Black, 3.5% Hispanic/Latino, and 4.6% Asian.

What is the median home value in Colonie, NY?

The median home value in Colonie is $285,400. The home-value-to-income ratio is 2.7x.

How educated is Colonie, New York?

35.7% of adults (25+) in Colonie hold a bachelor's degree or higher, and 18.6% hold a graduate or professional degree.