Schenectady, NY County is an ideal place to live with a lower than average 2 bedroom rent at $1,310 compared to the US average of $1,430. Grocery costs are also lower than the US average at 101 versus 100 in the US. This makes Schenectady a great place for those looking for affordability and convenience. The area is home to many local companies such as GE Healthcare Technologies, Torcon Inc., and Beech-Nut Nutrition Company. These businesses create many job opportunities right in the community. With a lower cost of living and plenty of job prospects, Schenectady, NY County is an ideal choice for anyone looking for a unique and affordable place to call home.
Schenectady County has an unemployment rate of 6.6%. The US average is 6.0%.
Schenectady County has seen the job market decrease by -3.6% 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 County
- The Sales Tax Rate for Schenectady County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Schenectady County 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 County
- The average income of a Schenectady County resident is $35,747 a year. The US average is $37,638 a year.
- The Median household income of a Schenectady County resident is $69,891 a year. The US average is $69,021 a year.