Schenectady (zip 12302), New York 

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Economy in Schenectady (zip 12302), New York

Schenectady (zip 12302) has an unemployment rate of 3.5%. The US average is 5.2%.

Schenectady (zip 12302) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 39.0%, which is higher than the US average of 38.0%.

Tax Rates for Schenectady (zip 12302)
- The Sales Tax Rate for Schenectady (zip 12302) is 8.0%. The US average is 6.0%.
- The Income Tax Rate for Schenectady (zip 12302) is 6.5%. The US average is 4.6%.

Income and Salaries for Schenectady (zip 12302)
- The average income of a Schenectady (zip 12302) resident is $31,375 a year. The US average is $28,555 a year.
- The Median household income of a Schenectady (zip 12302) resident is $66,915 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYSchenectady, New YorkUnited States
  Unemployment Rate3.5%5.2%
  Recent Job Growth1.3%1.6%
  Future Job Growth39.0%38.0%
  Sales Taxes8.0%6.0%
  Income Taxes0.06450.046
  Income per Cap.$31,375$28,555
  Household Income$66,915$53,482
  Family Median Income$87,302$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.0%1.3%
  Mining, quarrying, oil and gas extraction0.1%0.6%
  Construction5.4%6.2%
  Manufacturing6.5%10.4%
  Wholesale trade1.2%2.7%
  Retail trade12.7%11.6%
  Transportation and warehousing3.8%4.1%
  Utilities00
  Information2.6%2.1%
  Finance and insurance5.7%4.7%
  Real estate, rental, leasing1.8%1.9%
  Professional, scientific, technical services7.8%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs2.0%4.3%
  Educational services13.3%9.3%
  Health care and social assistance16.8%13.8%
  Arts, entertainment, recreation1.7%2.2%
  Accommodation, food services6.5%7.4%
  Other services3.7%4.9%
  Public administration7.6%4.8%
ECONOMY MAP
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    Reviews for Schenectady    1 Reviews
    Wonderful Small Town - 6/21/2011
    I grew up in Scotia and although I felt there was not much to do there then, I realize that it is a great small town to raise a family. There is not much as far as... Read More

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