Zip 12309 (Schenectady, NY) Economy


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The 12309 Schenectady, NY area is a great place to call home. The two bedroom rent price in 12309 is $1,490 compared to the US average rent of $1430. Grocery costs are also relatively low with an index of 105 versus 100 in the US. This makes it a great option for those looking for an affordable place to live. In addition, 12309 offers plenty of shopping and dining options from local businesses such as Price Chopper Supermarkets Inc., Paula’s Public House, and Playdium Bowling & Entertainment Center. All these amenities make Schenectady not only affordable, but also a pleasant place to live with plenty of activities available for residents and visitors alike.

Schenectady (zip 12309) has an unemployment rate of 6.6%. The US average is 6.0%.

Schenectady (zip 12309) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.

Tax Rates for Schenectady (zip 12309)
- The Sales Tax Rate for Schenectady (zip 12309) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Schenectady (zip 12309) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Schenectady (zip 12309)
- The average income of a Schenectady (zip 12309) resident is $41,835 a year. The US average is $28,555 a year.
- The Median household income of a Schenectady (zip 12309) resident is $111,830 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySchenectady, New YorkUnited States
  6.66
  -3.6%-6.2%
  25.9%33.5%
  8.0%6.2%
  6.2%4.6%
  $48,723$37,638
  $111,830$69,021
  $128,984$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  2.9%6.8%
  6.5%10.0%
  1.0%2.5%
  8.4%11.0%
  1.5%4.8%
  0.3%0.8%
  2.8%1.9%
  7.3%4.7%
  1.3%1.9%
  15.7%7.6%
  0.3%0.1%
  2.9%4.2%
  17.8%9.3%
  14.1%14.0%
  1.6%2.1%
  2.0%7.0%
  3.6%4.8%
  9.7%4.7%
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