Schenectady County, New York

Income Data

+1% vs. New York average
$76,989
Median Household Income
$41,529
Per Capita Income

At a Glance

Median Household Income
$76,989
+1% vs. state avg
Per Capita Income
$41,529
+5% vs. national
Income-to-Housing Ratio
34.5%
income as % of home value
Rank in New York
#19 / 62
by median household income

How Schenectady County Compares

Schenectady County$76,989
New York Average$76,433
National Median$74,755

Detailed Income Statistics

$76,989
Median Household Income
$41,529
Per Capita Income
$223,100
Median Home Value
34.5%
Income-to-Housing Ratio

Data Story

About Household Income in Schenectady County, New York

Schenectady's income slightly above national

Schenectady County's median household income of $76,989 edges past the national median of $74,755 by just 3%, positioning it near the U.S. average. The per capita income of $41,529 closely matches the national baseline, reflecting steady but not exceptional earning power.

Just above New York state average

Schenectady's median household income of $76,989 marginally exceeds the state average of $76,433 by $556, ranking it in the middle of New York's 62 counties. The per capita income of $41,529 slightly outpaces the state average of $41,133.

Mid-range income among regional peers

Schenectady's $76,989 median household income ranks fifth among these eight counties, ahead only of Schoharie ($71,188) and Schuyler ($65,625). The county falls well behind high-income leaders like Rockland and Saratoga but exceeds the lowest-income rural counties in this group.

Affordable housing supports family budgets

Schenectady residents allocate just 18.1% of income to rent, well below both recommended guidelines and this region's higher-income counties. The median home value of $223,100 makes homeownership genuinely accessible, with mortgages typically consuming 22-26% of household income.

Build savings with Schenectady's affordable housing

Schenectady households earning $76,989 should prioritize establishing emergency savings covering 3-6 months of expenses before aggressive investing. With affordable housing and near-average income, contribute steadily to 401(k)s and IRAs, take advantage of any employer matching, and consider low-cost index funds for long-term wealth building.

Frequently Asked Questions

What is the median household income in Schenectady County, New York?
The median household income in Schenectady County, New York is $76,989, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Schenectady County?
The per capita income in Schenectady County is $41,529, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $76,989.
How does Schenectady County compare to the New York average?
Schenectady County's median household income of $76,989 is higher than the New York state average of $76,433. The per capita income is $41,529, compared to the state average of $41,133.
What is the per capita income in Schenectady County, New York?
The per capita income in Schenectady County, New York is $41,529, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Schenectady County income higher than the New York average?
Schenectady County's median household income of $76,989 is higher than the New York average of $76,433. This difference of $556 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Schenectady County rank for income in New York?
Schenectady County ranks #19 out of 62 counties in New York by median household income (1 = highest). With a median household income of $76,989 and per capita income of $41,529, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $76,989 per year

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Your monthly income ($6,416) vs. median rent ($1,159/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.