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Schenectady Apartment Features
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Living In Schenectady, NY
Schenectady, a small city in New York, has a population of just under 66,000. The city's residents, with an average age of just over 38, are younger than most cities in New York. Residents are fairly evenly split between owning (52%) and renting (48%) their residence, driven in part by a relatively reasonable average rent that is $420/month lower than the state average. Over the course of a year, renters in Schenectady will save around $5,000 compared to the state average.
With an average commute time of about 24 minutes, quicker than most cities in the state, Schenectady residents have found that getting to work isn't overly time-consuming. Many residents (36%) drive themselves to work, while public transit is used by just 4% of the city. A small percentage of workers (2%) commute on foot, though the number is greater than the national average.
Compared to the national average (5%), Schenectady has a relatively large concentration of residents older than 25 who have an Associate's degree (7%). Further, 15% possess a Bachelor's, Master's, Professional, or Doctoral degree. There are two primary industries in Schenectady: healthcare and retail. Combined, these industries make up 16% of the workforce in the city. Meanwhile, in terms of job function, many workers in these industries are in sales, as 7% of the city's population reports this as their field of work, the highest number of any field. With an average annual income of around $55K, Schenectady workers earn less than their peers elsewhere in the state. The city's average income also trails the national average ($73,345).
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