With a total population over 82,000, Colonie is bordered on the north by the Mohawk River and on the east by the Hudson River. It has one of the longest histories of any European settlement, sharing its past with the city of Albany—some 15 minutes away—which was first inhabited by the Dutch in 1614. It boasts a remarkably high concentration of preserved historic buildings.
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Stretching across a total area of nearly 58 square miles, Colonie lies near the juncture of the area’s two main rivers. The community encompasses two villages and a total of nearly 33,000 homes. There are 31,000 or so households and about 20,500 families. Just over 90% of residents surveyed identify as white; about 4% as African-American; 3.5% as Asian; 0.15% as Native American; and .02% as Pacific Islander. The median household income tops $51,000, while the median family income is around $62,000.
Colonie has a thriving real estate market where you can discover hundreds of properties for sale at any given time. The median listing price is north of $225,000, inclusive of luxury properties. You can expect the average 2-bedroom single family home to go for about $165,000. Browse the newest real estate listings in Colonie, NY.
Colonie is served by 29 schools. They are mainly located in the North Colonie, South Colonie, and Albany City School districts, although a total of nine districts surround the area. Local students have access to several of the top 200-ranked elementary schools in New York.
Higher education thrives in the Colonie area. Rensselaer Polytechnic Institute—a private research university in Troy—has become popular in recent years for its cutting-edge high-tech curriculum. Right in their own backyard, students can choose Siena College and various community colleges. Further afield, in Albany, is a major State University of New York campus. Find homes for sale in Colonie by school district.
Colonie benefits from the bustling Capital District economy. Many of the major employers in the region are headquartered right in Albany. A highly educated workforce has led to a high rate of entrepreneurship and many well-paid jobs.
General Electric has long been one of the biggest private employers in northern New York. It is recovering ably from the Great Recession and maintains 4,000 area employees. Healthcare is an economic engine thanks to Albany Medical Center, St. Peter’s Health Care Service, and Northeast Health.
In Troy, Rensselaer Polytechnic Institute has nearly 2,000 employees and stands at the center of a growing tech scene. Global technology firm Pitney Bowes has a local presence. For a sweet treat, Stewarts Ice Cream employs more than 1,000 people throughout the area.
Around Colonie, you can explore more than two dozen sites from the National Register of Historic Places. Many are associated with early Dutch rule, British settlement, and the Revolution. Virtually any cultural attraction you can imagine can be found minutes away in Albany or Troy, including world-class museums, aquariums, zoos, and five-star restaurants.
130-acre Crossings Park is situated within Colonie and features 6.5 miles of biking and running paths, plus a 3-acre pond perfect for picnics. The city is near many other breathtaking natural preserves, including Albany Pine Bush State Park, Peebles Island State Park, and Cohoes Falls.
Our REALTORS® can’t wait to introduce you to Colonie, NY—a jewel on the Hudson. Standing at the crossroads of the state capital of Albany and the budding tech hub of Troy, it is one of the most desirable suburbs around the Capital District. With help from the experts at Coldwell Banker Prime Properties, your Colonie dream home may be closer than you think. Contact us to find out more today.
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