Colonie is located in east New York. Colonie is part of Albany County. Colonie has 3.24 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Colonie population is 7,869, which has shrunk 0.59% since 2000. The population growth rate is lower than the state average rate of 3.26% and is much lower than the national average rate of 11.61%. Colonie median household income is $76,951 in 2010-2014 and has grown by 40.94% since 2000. The income growth rate is higher than the state average rate of 35.25% and is higher than the national average rate of 27.36%. Colonie median house value is $200,400 in 2010-2014 and has grown by 87.82% since 2000. The house value growth rate is about the same as the state average rate of 90.79% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Colonie is better than the state average in quality.