Cost of Living,
Schenectady's Real Estate Market
Albany-Schenectady-Troy Metro Area
Profile: Capital city complex Location: East-central New York, along the Hudson River160 miles north of New York City Elevation: 292 Time zone: Eastern Standard Time
|Diverse economy||Harsh winters|
|Nearby recreation||Cost of living|
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The Albany area includes six counties, the cities of Troy and Schenectady and the historic Saratoga Springs area to the north. An assortment of commercial and state government activities support this state capital. Downtown Albany area is modern with a number of historic sites and an attractive waterfront. Suburbs are fairly nondescript. There is an assortment of mostly small arts and cultural amenities throughout the metropolitan area. Schenectady is an older industrial center known once for producing railroad locomotives and known past and present as a major center for the General Electric Company.
The economy has been in a slump for years, and the population is declining. Downtown Schenectady has benefited from a large renewal investment and has become a minor entertainment destination. The Rensselaer Polytechnic Institute in Troy brings some college-town flavor to that city. The cost of living is moderately high for what’s available, though not as high as the urban areas to the south.
The city of Albany is located on a gently rolling valley floor on the west bank of the Hudson River, 8 miles south of the confluence of the Mohawk and Hudson rivers. The area’s elevation rises from sea level at the Hudson to 1,500 feet, 11 miles west of Albany. East of the Hudson, the terrain rises more sharply into the Berkshires of western Massachusetts. The Atlantic Ocean has some influence on the primarily continental climate. In warmer seasons, temperatures rise sharply by day, but fall rapidly after sunset; nights are relatively cool. Periods of oppressive heat occasionally extend a week or more.
Winters are cold and sometimes severe with lows frequently below 10 degrees. Most precipitation comes from summer thunderstorms; almost 6 feet of snow falls each winter. Because it is farther from the ocean and the Great Lakes, Albany tends to get more sunshine than other places in the state. First freeze is end of September, last is early May.
Interesting Facts about Schenectady (zip 12309), New York
As of 2014, Schenectady (zip 12309)'s population is 29,656 people. Since 2000, it has had a population growth of 7.20 percent.--------------------
The median home cost in Schenectady (zip 12309) is $218,200. Home appreciation the last year has been 0.50 percent.--------------------
Compared to the rest of the country, Schenectady (zip 12309)'s cost of living is 13.80% Higher than the U.S. average.--------------------
Schenectady (zip 12309) public schools spend $18,206 per student. The average school expenditure in the U.S. is $12,435. There are about 15.7 students per teacher in Schenectady (zip 12309).--------------------
The unemployment rate in Schenectady (zip 12309) is 6.00 percent(U.S. avg. is 6.30%). Recent job growth is Negative. Schenectady (zip 12309) jobs have Decreased by 0.65 percent.
Ranked #1 America's Best and Worst Cities for Crime (Large Metro Areas)
Ranked #7 Best Cities for Teleworking - Medium Metro Areas
Ranked #10 2005 High Gas Prices
Ranked #11 Best US Cities for Seniors 2011
Ranked #12 America's Best and Worst Cities for Crime (Large Metro Areas)
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Average Commute time is 21 minutes. The National Average is 25 minutes.--------------------
Schenectady (zip 12309)'s Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes
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