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
- Near full employment with an unemployment rate of just 1.2%.
Colonie Quick Facts
How Colonie Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 7,705 | 7,702 | -0.0% |
| Median household income | $100,396 | $103,983 | +3.6% |
| Median home value | $270,800 | $285,400 | +5.4% |
How Colonie Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Colonie Rankings in New York
Explore New York Rankings
Other Cities in Albany County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Binghamton University | 7,449 | N/A | N/A | 0.0% | N/A |
| Lake Carmel | 7,854 | $109,243 | $363,700 | 34.6% | 8.3% |
| Cedarhurst | 7,320 | $101,572 | $861,900 | 46.8% | 6.4% |
| Great Neck Plaza | 7,593 | $92,474 | $416,100 | 66.3% | 8.6% |
| Port Jefferson Station | 7,676 | $120,734 | $507,900 | 41.7% | 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.