2026 Compare Cities Economy:
Schenectady, NY vs Lake Placid, FL

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Highlights
- Household income in Lake Placid, is 17% less than it is in Schenectady and is 66% below the National Average.
- Schenectady unemployment rate is 8.6%.
- Lake Placid unemployment rate is 6.2%.
 Schenectady, NYLake Placid, FLUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth23.7%  Unlock33.5%
 Sales Taxes8.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$27,363  Unlock$37,638
 Household Income  Unlock$41,610$69,021
 Family Median Income$62,002  Unlock$85,028
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 Est. Households By Income
 Schenectady, NYLake Placid, FLUnited States
 Income Less Than 15K  Unlock15.4%9.4%
 Income between 15K and 20K5.7%  Unlock3.8%
 Income between 20K and 30K  Unlock21.9%8.1%
 Income between 30K and 40K9.8%  Unlock8.0%
 Income between 40K and 50K  Unlock21.2%7.6%
 Income between 50K and 60K8.6%  Unlock7.2%
 Income between 60K and 75K  Unlock5.4%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock11.5%16.3%
 Income between 150K and 200K4.2%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
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 Population By Occupation
 Schenectady, NYLake Placid, FLUnited States
 Management, business, finance10.1%  Unlock16.4%
 Engineering, computers, science  Unlock6.0%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library5.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology6.5%  Unlock6.2%
 Healthcare support  Unlock0.0%3.3%
 Firefighters, law enforcement2.0%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance5.8%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support20.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock5.8%0.6%
 Construction, extraction, maintenance/repair7.9%  Unlock8.1%
 Production, transportation, material moving  Unlock12.8%13.1%
Reviews for Schenectady    4 Reviews

Over 5 years ago

I have lived in Schenectady for more than two decades, not necessarily by choice up until now. The city looks like it's growing and developing downtown, which is a very  More

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Over 17 years ago

WE have been looking in Schenectady for a few years. We have stayed at the Parker INN a few times in the Presidential Suite. It has what we want. City atmosphere, but  More

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Over 18 years ago

shenectady is a great place to start businesses as well as providing affordable  More

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Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

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Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

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Over 11 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  More

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