Commute
High commute scores indicates that public transit should be easily accessible in this area and the average commute time to work is less than average.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Nothing Found
No cons were found for this area, as there were no categories that scored well below average.
Colonie, New York is a small city with a population of 7,686 inhabitants. If we look at the most recent Census, Colonie is known to have a predominantly White population. The next two most common races are Asian and Black. Not a fan of sitting in traffic during your commute to work? Colonie offers shorter work commutes, with an average one-way commute time taking only 21 minutes, far lower than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Colonie, New York. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like amenities, commute, health & safety, education, employment and other key data points, finding the best places to live in Colonie and in the areas around Colonie is a much easier task.
The livability score in Colonie is 83/100 and the city is ranked in the 97th percentile of all cities across America. Based on this score, Colonie would be considered a very livable city! Colonie has also earned the rare honor of ranking in the top 10 percentile among all cities. If we dig a little deeper into each category within the livability score, we see that Colonie has higher than average rankings for the following: housing (A+). The bad news for Colonie, there are some categories for which it does not rank well, this includes: cost of living (D-) and education (D-).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Colonie, the unemployment rate stands at 1.24%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Colonie apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Colonie is actually affordable. Median real estate prices in Colonie come in at $228,700, which is 20.1% lower than the New York average. The home price to income ratio compares the median home prices to the median household income. In Colonie, the home price to income ratio is 2.5, which is 46.8% lower than the New York average.
| Statistic | Colonie | New York | National |
| Average one way commute | 21min | 33min | 26min |
| Workers who drive to work | 86.9% | 53.0% | 76.4% |
| Workers who carpool | 5.6% | 6.7% | 9.3% |
| Workers who take public transit | 2.9% | 28.0% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.9% | 6.3% | 2.8% |
| Working from home | 3.1% | 4.0% | 4.6% |
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