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Colonie has the 2905th largest population in the United States. The population grew by 1.5% from 2010 to 2015, which was faster than the national average. Colonie is part of the Albany metro area. Unemployment in the Albany area is 3%, which is lower than the national average, and is getting better. Albany has the 57th largest local economy in the US, and a high cost of living. The average pay for jobs in Colonie is below average at $50,880, and the median cost of a home in Colonie is $200,400, which is above the national average. 33% of workers in Colonie hold a bachelors degree or higher (above average), and 95% of workers have a high school degree (above average). Driving to work is especially common in Colonie. 77% of Colonie workers drive to work alone, 5% take public transit, 7% carpool, and 9% walk. People in Colonie spend an average of 16 minutes commuting to work, which is shorter than the national average of 26 minutes.

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