Schenectady County, New York
$1,194Median gross rent per month (±$28)
$235,700Median home value (owner estimate) (±$3,709)
$79,623Median household income (±$2,743)
53.9%Renters paying 30%+ of income (±3.6%)
Schenectady County ranks 20th of 62 counties in New York (those with precise enough estimates) by median gross rent. Its rent is lower than the New York median and lower than the national median. About 36% of households here rent their home. Every figure is an estimate from a sample survey and comes with a margin of error (MOE, shown as ±) at the 90 percent confidence level. Small differences between places, or between neighboring ranks, may not be real.
Schenectady County, New York and the United States
| Measure | Schenectady County | New York | United States |
|---|---|---|---|
| Median gross rent | $1,194 ±$28 | $1,621 ±$7 | $1,413 ±$2 |
| Median home value | $235,700 ±$3,709 | $423,800 ±$1,627 | $332,700 ±$236 |
| Median household income | $79,623 ±$2,743 | $85,974 ±$402 | $80,734 ±$166 |
| Median rent as % of income | 32.1% ±1.7% | 31.2% ±0.3% | 30.6% ±0.1% |
| Renters paying 30%+ of income | 53.9% ±3.6% | 52.1% ±0.4% | 51.1% ±0.3% |
Next by rent in New York: Jefferson County ($1,213), Monroe County ($1,173).
What the numbers mean
- Median gross rent
- What renters pay each month, including utilities and fuels the renter pays (contract rent plus estimated utilities). It covers renter households paying cash rent. It is not an asking rent for vacant apartments and not what a new tenant would be quoted today.
- Median home value
- The owner's own estimate of what the home would sell for, for owner-occupied homes (self-reported in the survey). It is not a sale price, an appraisal or a listing price.
- Median household income
- Annual income of the middle household in the past 12 months, in 2024 inflation-adjusted dollars.
- Median rent as % of income
- The middle renter household's gross rent divided by its household income (renters paying cash rent, where the share could be computed).
- Renters paying 30%+ of income
- Share of renter households whose gross rent is 30 percent or more of household income (a common "cost-burdened" benchmark). We compute it from Census table B25070, leaving out households where the share could not be computed.