Apartments for rent in Potsdam, NY

A small town in New York, Potsdam has a population of just under 10,000. Young adults (15-24) will fit right in, as they make up an above-average percentage of the population, while young professionals are less well-represented. Overall, the town's residents, at an average age of just over 29, are decidedly younger than most cities in New York. A narrow majority of residents rent their homes (55%) as opposed to owning (45%) in Potsdam. With a relatively affordable average rent of $833/month in the town, renting remains an affordable option, particularly compared to other cities in New York. Over the course of 12 months, renters in Potsdam will save around $5,400 compared to the state average.

Compared to the national average (7%), Potsdam has a high concentration of residents over the age of 25 with advanced degrees, as 10% possess a Master's degree or a Doctoral degree. Furthermore, 6% possess a Bachelor's degree. Many Potsdam residents work in one of two industries: education and entertainment. Combined, these industries account for 18% of the workforce in the town. With an average annual income of around $57,000, Potsdam workers bring in around $24,000 less than the average New York resident. The town's average income also falls below the national average ($73,345).

Averaging about 14 minutes, the commute time for Potsdam residents is shorter than the New York average of about 38 minutes. Driving is the most common way to get to work, chosen by 18% of workers, while public transit is not widely used. Walking (12%) isn't a common way to get to work, though the number far surpasses the national average.