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The total population of Colonie is estimated to be 7,767 with 4,087 males (52.62%) and 3,680 females (47.38%). There are 407 less females than males in Colonie.
The median household income in Colonie was $104,303 in 2021, which marked an a decrease of 216(0.21%) from $104,519 in 2020. This income is 139.81% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Colonie sees its highest median household income among householders in the age group of 25 to 44 years old, at $131,478. Overall, the median household income for the village of Colonie stands at $104,303.
In Colonie, the median income for all workers aged 15 years and older, regardless of work hours, was $52,666 for males and $46,936 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $75,641 for males and $64,935 for females.
In Colonie, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $123,629, while Black or African American households represent the opposite end with the lowest median household income of $49,576.
In 2022, the population of Colonie was 7,665, a 0.78% decrease year-by-year from 2021. Previously, in 2021, Colonie's population was 7,725, a decline of 0.45% compared to a population of 7,760 in 2020.
The median age in Colonie, NY is 42.2, as per 2021 ACS 5-Year Estimates. Of the total population, 13.10% were under the age of 15, 21.18% aged 15 to 29, 45.88% aged 30 to 64, 17.31% aged 65 to 84, and 2.53% were 85 years of age and older.
Racial distribution of Colonie population: 82.66% are White, 2.90% are Black or African American, 0.26% are American Indian and Alaska Native, 8.69% are Asian, 0.59% are some other race and 4.90% are multiracial.