Zip 12144 (Rensselaer, NY) Economy


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12144 Rensselaer, NY is a town located in upstate New York near the city of Albany. It has a population of over 10,000 people and an average 2 Bedroom Rent of $1,320. The US average 2 Bedroom Rent is higher at $1,430. Residents of 12144 Rensselaer NY benefit from lower than average rent prices while still having access to many great local companies. Companies such as The Red Front Supermarket, Innovative Heating Solutions LLC and Crystal Pools Inc., provide great services to the area. Additionally, the Grocery Cost Index in 12144 Rensselaer is 101 compared to 100 in the US, which means that purchasing groceries in the area is slightly more expensive on average than other areas in the US.

Rensselaer (zip 12144) has an unemployment rate of 5.8%. The US average is 6.0%.

Rensselaer (zip 12144) 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 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Rensselaer (zip 12144)
- The Sales Tax Rate for Rensselaer (zip 12144) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Rensselaer (zip 12144) 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 Rensselaer (zip 12144)
- The average income of a Rensselaer (zip 12144) resident is $32,555 a year. The US average is $28,555 a year.
- The Median household income of a Rensselaer (zip 12144) resident is $85,993 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRensselaer, New YorkUnited States
  5.86
  -3.6%-6.2%
  26.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $42,564$37,638
  $85,993$69,021
  $101,587$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  6.4%6.8%
  8.8%10.0%
  1.4%2.5%
  10.4%11.0%
  4.0%4.8%
  1.0%0.8%
  1.2%1.9%
  6.6%4.7%
  1.1%1.9%
  8.6%7.6%
  0.0%0.1%
  4.0%4.2%
  10.3%9.3%
  15.7%14.0%
  1.4%2.1%
  4.8%7.0%
  2.5%4.8%
  11.5%4.7%
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