Schenectady, New York

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
68,476
Population
$54,650
Median Income
$140,000
Home Value
36.0
Median Age

Demographics

Schenectady has a population of 68,476 with a median age of 36.0. Here is the racial and ethnic breakdown of the population:

White
52.0%
Black
20.2%
Hispanic
12.6%
Other
8.6%
Asian
6.6%
Demographic Value
Total Population68,476
Median Age36.0
White52.0%
Black or African American20.2%
Asian6.6%
Hispanic or Latino12.6%
Other / Two or More Races8.6%

Income & Economy

The median household income in Schenectady is $54,650, which is 27.3% below the national median of $75,149. The per capita income is $30,778. The poverty rate is 21.2%.

$54,650
Median Household Income
$30,778
Per Capita Income
21.2%
Poverty Rate

Employment

The unemployment rate in Schenectady is 9.4%, compared to the national rate of 5.4%.

Education

In Schenectady, 85.6% of residents age 25+ have a high school diploma or higher, and 22.6% hold a bachelor's degree or higher (8.9% with a graduate or professional degree).

HS Diploma+
85.6%
Bachelor's+
22.6%
Graduate+
8.9%
Education Level % of Adults (25+)
High School Diploma or Higher85.6%
Bachelor's Degree or Higher22.6%
Graduate or Professional Degree8.9%

Housing

The median home value in Schenectady is $140,000, below the national median of $281,900. The median monthly rent is $1,038. The homeownership rate is 45.3%.

$140,000
Median Home Value
$1,038/mo
Median Rent
45.3%
Homeownership Rate
Housing Metric Value
Median Home Value$140,000
Median Monthly Rent$1,038
Homeownership Rate45.3%
Vacancy Rate12.1%

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Frequently Asked Questions

What is the population of Schenectady, New York?
The population of Schenectady, New York is 68,476 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Schenectady, New York?
The median household income in Schenectady, New York is $54,650. This is 27.3% below the national median of $75,149.
What is the median home value in Schenectady, New York?
The median home value in Schenectady, New York is $140,000. The median monthly rent is $1,038.
What percentage of people in Schenectady have a college degree?
In Schenectady, New York, 22.6% of adults age 25 and older hold a bachelor's degree or higher, and 85.6% have a high school diploma or higher.
Is Schenectady, New York an affordable place to live?
The home price-to-income ratio in Schenectady, New York is 2.6x (median home value $140,000 vs. median income $54,650), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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