12305 Schenectady, NY is a great place to live. The average 2 bedroom rent cost in this area is only $1,090, significantly less than the nationwide average of $1,430. Additionally, the Grocery Cost Index in 12305 Schenectady is 99 versus 100 in the US. This city provides all of the amenities you need for a comfortable lifestyle. Popular local companies include General Electric, MVP Health Care and Proctor's Theatre. Furthermore, there are plenty of parks and recreational activities near 12305 Schenectady such as Central Park and Mohawk River State Park for outdoor enthusiasts to enjoy. All these factors make 12305 Schenectady an ideal home for many people
Schenectady (zip 12305) has an unemployment rate of 8.6%. The US average is 6.0%.
Schenectady (zip 12305) 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 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Schenectady (zip 12305)
- The Sales Tax Rate for Schenectady (zip 12305) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Schenectady (zip 12305) 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 12305)
- The average income of a Schenectady (zip 12305) resident is $21,844 a year. The US average is $28,555 a year.
- The Median household income of a Schenectady (zip 12305) resident is $46,367 a year. The US average is $69,021 a year.