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Economy, jobs and prices in Schenectady, New York: official figures

The median household income in Schenectady was $58,399 a year in the 2020-2024 American Community Survey (in 2024 dollars), 123rd lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the New York median $85,974.

Median household income
$58,399
2020-2024
Unemployment rate (ACS)
8.7%
2020-2024
Mean travel time to work
22.0 min
2020-2024
Median gross rent (monthly)
$1,145
2020-2024
Median home value (owner-occupied)
$168,800
2020-2024
Homes occupied by their owners
45.6%
2020-2024
Households with a broadband subscription
86.1%
2020-2024

What is the per capita income in Schenectady?

Income per resident (per capita income) in Schenectady averaged $34,175 a year in 2020-2024, 223rd lowest of 823 US cities of 50,000 or more (US: $44,673; New York: $50,712).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Schenectady?

Schenectady's Gini index of household income inequality was 0.495 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 118th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Schenectady, New York?

8.7% of the civilian labor force in Schenectady was unemployed on average over 2020-2024 (2,999 people), 51st highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and New York's 6.4%.

Source: U.S. Census Bureau · saved copy

What share of people in Schenectady are working?

60.6% of Schenectady's 56,585 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 122nd lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Schenectady have jobs?

31,294 residents of Schenectady held civilian jobs, 55.3% of those aged 16 and over (US: 59.7%), and 23 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Schenectady?

The largest industry group for working residents of Schenectady was education, health care and social assistance (27.9% of employed residents), followed by professional, scientific, management and administrative services (12.8%) and retail trade (12.5%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Schenectady work in manufacturing?

Manufacturing employed 5.5% of working residents of Schenectady, 128th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 12.8% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Schenectady, New York?

Commuters in Schenectady took 22.0 minutes on average to get to work in 2020-2024, 252nd shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 3.5% travelled an hour or more and 33.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Schenectady get to work?

10.9% of workers living in Schenectady worked from home in 2020-2024, 254th lowest of 823 US cities of 50,000 or more (US: 15.1%). 67.3% drove to work alone, 9.7% carpooled, 6.5% used public transport and 4.7% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Schenectady, New York?

The median gross rent (rent plus utilities) in Schenectady was $1,145 a month in 2020-2024, 163rd lowest of 823 US cities of 50,000 or more (US: $1,413; New York: $1,621).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Schenectady?

Owner-occupied homes in Schenectady had a median value of $168,800 in 2020-2024 as estimated by their owners, 64th lowest of 823 US cities of 50,000 or more (US: $332,700; New York: $423,800).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Schenectady?

The median home value in Schenectady was 2.9 times the median household income, 74th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Schenectady, New York own their home?

45.6% of the 29,184 occupied homes in Schenectady were lived in by their owners in 2020-2024 and 15,865 were rented, 130th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; New York: 54.3%).

Source: U.S. Census Bureau · saved copy

What share of homes in Schenectady have broadband?

86.1% of households in Schenectady had a broadband internet subscription of some type in 2020-2024, 49th lowest of 823 US cities of 50,000 or more (US: 91.0%; New York: 90.8%).

Source: U.S. Census Bureau · saved copy

How many households in Schenectady have no internet?

8.3% of households in Schenectady (2,436) had no internet access at home in 2020-2024, 114th highest of 823 US cities of 50,000 or more (US: 6.5%); 9.4% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Schenectady compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Schenectady ranks 701 of 823, highest first.

RankCityMedian household income (2024 dollars)
698Iowa City$58,546
699Troy$58,477
700Fayetteville$58,407
701Schenectady$58,399
702Columbus$58,073
703St. Joseph$57,956
704Lynchburg$57,947
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Schenectady ranks 601 of 823, highest first.

RankCityPer capita income (2024 dollars)
598Hempstead$34,304
599Margate$34,214
600Montebello$34,178
601Schenectady$34,175
602North Little Rock$34,174
603Topeka$34,089
604Longview$33,995
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Schenectady ranks 118 of 823, highest first.

RankCityGini index of household income inequality
115Columbia0.495
116Burbank0.495
117Mobile0.495
118Schenectady0.495
119Minneapolis0.495
120Springfield0.495
121Manhattan0.495
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Schenectady ranks 51 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
48San Jacinto8.9%
49Plainfield8.9%
50Fresno8.9%
51Schenectady8.7%
52Springfield8.7%
53Stockton8.6%
54Tulare8.6%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Schenectady ranks 702 of 823, highest first.

RankCityLabor force participation rate (16 and over)
699Vacaville60.8%
700Hamilton60.7%
701New Orleans60.7%
702Schenectady60.6%
703Chicopee60.6%
704Baton Rouge60.6%
705San Bernardino60.6%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Schenectady ranks 572 of 823, highest first.

RankCityMean travel time to work (minutes)
569St. Louis22.1
570Redmond22.1
571Salem22.0
572Schenectady22.0
573Minneapolis22.0
574Pensacola22.0
575Prescott Valley21.9
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Schenectady ranks 570 of 823, highest first.

RankCityWorkers who worked from home
567Anchorage10.9%
568Topeka10.9%
569Buena Park10.9%
570Schenectady10.9%
571Montebello10.9%
572Boynton Beach10.8%
573Casa Grande10.8%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Schenectady ranks 66 of 823, highest first.

RankCityWorkers commuting by public transportation
63New Haven6.7%
64Trenton6.6%
65Cleveland6.5%
66Schenectady6.5%
67Syracuse6.3%
68Miami Beach6.3%
69Weymouth Town6.3%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Schenectady ranks 696 of 823, highest first.

RankCityEmployed residents working in manufacturing
693Richmond5.5%
694Hartford5.5%
695Bradenton5.5%
696Schenectady5.5%
697Doral5.5%
698Palm Coast5.5%
699Aurora5.5%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Schenectady ranks 123 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
120Merced28.0%
121Norman28.0%
122Denton27.9%
123Schenectady27.9%
124Weymouth Town27.9%
125Fargo27.8%
126Meriden27.7%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Schenectady ranks 661 of 823, highest first.

RankCityMedian gross rent per month
658Jeffersonville$1,148
659Albuquerque$1,145
660Tucson$1,145
661Schenectady$1,145
662Jackson$1,145
663Springfield$1,144
664Augusta$1,142
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Schenectady ranks 760 of 823, highest first.

RankCityMedian value of owner-occupied homes
757Council Bluffs$171,800
758Parma$170,100
759Memphis$169,000
760Schenectady$168,800
761Joplin$168,300
762Kansas City$167,400
763Racine$166,500
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Schenectady ranks 747 of 820, highest first.

RankCityMedian home value as a multiple of median household income
744Bolingbrook2.9x
745Syracuse2.9x
746Mission2.9x
747Schenectady2.9x
748Bellevue2.9x
749Broken Arrow2.9x
750Racine2.9x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Schenectady ranks 694 of 823, highest first.

RankCityOccupied homes lived in by their owners
691Montebello45.9%
692Merced45.9%
693Salt Lake City45.8%
694Schenectady45.6%
695Revere45.6%
696Columbia45.5%
697Birmingham45.5%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Schenectady ranks 775 of 823, highest first.

RankCityHouseholds with a broadband subscription
772Fall River86.4%
773Compton86.3%
774Richmond86.2%
775Schenectady86.1%
776Iowa City86.1%
777Brownsville86.1%
778Pontiac86.0%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Schenectady ranks 114 of 823, highest first.

RankCityHouseholds with no internet access
111Baton Rouge8.4%
112Longview8.4%
113Independence8.4%
114Schenectady8.3%
115South Bend8.3%
116Bethlehem8.2%
117Santa Maria8.2%
Source: U.S. Census Bureau · saved copy

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