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All About

Living In Colonie, NY

Colonie, New York is a small town with just under 8,000 residents. It's a nice place to settle down, as retirees account for a greater percentage of the population (20%) here than they do nationally (14%). At an average age of just under 43, the town's population skews older than most cities in New York. The majority of Colonie residents own their homes, and 23% of residents rent. At $1,267 per month, the average rent is roughly on par with the state average.

With an average commute time of about 19 minutes, shorter than most cities in New York, Colonie residents are well aware that traveling to work isn't overly time-consuming. Driving a vehicle is the most common mode of getting to work, chosen by 50% of workers, while public transportation is not extensively used. A small percentage of workers commute on foot.

Colonie residents have a plethora of industries from which to choose, the most common four of which are retail, public administration, healthcare, and education. Combined, these industries account for 31% of the town's labor force. Meanwhile, in terms of job function, many workers in these industries are in sales, as 13% of the town's population reports this as their field of work, the highest number of any profession. Colonie workers take home an average annual income of around $82,000, about the same as the state average. Colonie, however, compares more favorably to the national average ($73,345). Compared to the national average (7%), Colonie has a large percentage of residents over the age of 25 who have advanced degrees, as 10% have earned a Master's or a Doctoral degree. Additionally, 15% possess a Bachelor's degree.

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Frequently Asked Questions About Colonie

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