Pros and Cons of Living In Schenectady, New York. Is Schenectady, NY a Nice Place To Live or Retire?

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Schenectady, New York

Moving to Schenectady In New York ? Is Schenectady, NY a Nice Place To Live? Pros and Cons of Living in Schenectady, New York. Find out the best and worst about to live, raise a family or retire in Schenectady.

DEMOGRAPHICS

Population
65336
Unemployment
9.5%
102% NAT AVG.
Poverty
20.1%
44% NAT AVG.
Cost Of Living
97
3% NAT AVG.

ECONOMICS

Median Home Cost
$113200
51% NAT AVG.
Median Income
$47773
29% NAT AVG.
Median Rent
$919
21% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
2090
37% NAT. AVG.
81% STATE AVG.
Violent Crime
468
85% NAT. AVG.
97% STATE AVG.
Property Crime
1622
27% NAT. AVG.
76% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 11
People Earning < $10,000
1 in 13
People Earning < $50,000
52.2%
People With Any Degree
1 in 2.9

ETHNICITY

Ethnicity Schenectady USA
White 52.7% 60.1%
African American 19% 12.2%
American Indian 0.6% 0.6%
Asian 5.5% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 7.1% 2.8%
Hispanic 11.9% 18.2%
Other 3.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Schenectady USA
Less than $10,000 8% 5.8%
$10,000 to $14,999 7.2% 4.1%
$15,000 to $24,999 12.3% 8.5%
$25,000 to $34,999 10.7% 8.6%
$35,000 to $49,999 14% 12.0%
$50,000 to $74,999 18.5% 17.2%
$75,000 to $99,999 12.2% 12.8%
$100,000 to $149,999 11.6% 15.6%
$150,000 to $199,999 3.7% 7.1%

EDUCATION

Education Schenectady USA
< 9th Grade 6% 5.0%
9-12th Grade 10% 7.0%
High School or GED 32% 27.0%
Other College 18% 20.0%
Associate's Degree 13% 9%
Bachelor's Degree 13% 20.0%
Master's Degree 6% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Schenectady is a city in New York state in USA with a population of 65336 residents.. The poverty rate of Schenectady is 20.1%, which is 44% higher than national average. The typical household in Schenectady earns $47773 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 52.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Schenectady remained 9.5%, which is 102% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Schenectady is 97, which is 3% lower than national average. In Schenectady, only 21% of adults have a bachelor's degree and 31% have some college but no degree. Median home value in Schenectady is $113200 , which is 51% lower than national average. While median income in Schenectady remained $47773, which is 29% lower than national average.
Schenectady Scorecard

Jobs50%

Housing60%

Affordability70%

Safety40%

Amenities100%

Diversity100%

Education60%

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