Syracuse is a city in New York state in USA with a population of 142553 residents.. The poverty rate of Syracuse is 30.3%, which is 116% higher than national average. The typical household in Syracuse earns $38893 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Syracuse, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Syracuse remained 9.6%, which is 104% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Syracuse, only 29% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Syracuse is 86, which is 14% lower than national average. Median home value in Syracuse is $95800 , which is 58% lower than national average. While median income in Syracuse remained $38893, which is 42% lower than national average.