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Schenectady, New York

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
68,847
Population
$58,399
Median Income
$168,800
Home Value
36.1
Median Age

Demographics

Schenectady has a population of 68,847 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:

White
49.2%
Black
19.8%
Hispanic
12.7%
Other
12.2%
Asian
6.1%
Demographic Value
Total Population68,847
Median Age36.1
White49.2%
Black or African American19.8%
Asian6.1%
Hispanic or Latino12.7%
Other / Two or More Races12.2%
Schenectady, New York — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 49.2%Black: 19.8%Hispanic/Latino: 12.7%Other: 12.2%Asian: 6.1%68,847PopulationWhiteWhite49.2%BlackBlack19.8%Hispanic/LatinoHispanic/Latino12.7%OtherOther12.2%AsianAsian6.1%

Income & Economy

The median household income in Schenectady is $58,399, which is 27.6% below the national median of $80,610. The per capita income is $34,175. The poverty rate is 23.8%.

$58,399
Median Household Income
$34,175
Per Capita Income
23.8%
Poverty Rate

Employment

The unemployment rate in Schenectady is 4.6%, compared to the national rate of 4.1%.

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Education

In Schenectady, 85.7% of residents age 25+ have a high school diploma or higher, and 25.4% hold a bachelor's degree or higher (10.1% with a graduate or professional degree).

HS Diploma+
85.7%
Bachelor's+
25.4%
Graduate+
10.1%
Education Level % of Adults (25+)
High School Diploma or Higher85.7%
Bachelor's Degree or Higher25.4%
Graduate or Professional Degree10.1%

Housing

The median home value in Schenectady is $168,800, below the national median of $303,400. The median monthly rent is $1,145. The homeownership rate is 45.6%.

$168,800
Median Home Value
$1,145/mo
Median Rent
45.6%
Homeownership Rate
Housing Metric Value
Median Home Value$168,800
Median Monthly Rent$1,145
Homeownership Rate45.6%
Vacancy Rate7.1%

Salaries in New York

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Frequently Asked Questions

What is the population of Schenectady, New York?
The population of Schenectady, New York is 68,847 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Schenectady, New York?
The median household income in Schenectady, New York is $58,399. This is 27.6% below the national median of $80,610.
What is the median home value in Schenectady, New York?
The median home value in Schenectady, New York is $168,800. The median monthly rent is $1,145.
What percentage of people in Schenectady have a college degree?
In Schenectady, New York, 25.4% of adults age 25 and older hold a bachelor's degree or higher, and 85.7% 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 2.9x (median home value $168,800 vs. median income $58,399), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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