County profile
Schenectady County, NY
United States · GDP 2024
#378 of 3,127 US counties by GDP60th-percentile growthmore diversified than 91% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$12.3B
BEA · 2024
GDP growth (YoY)
+5.2%
BEA · 2024
Jobs tracked
51,797
Census CBP · 2023
Employers
2,911
Census CBP · 2023
Avg. wage
$70.5k
BLS QCEW · 2023
Population
162,581
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$79.6k±$2.7k
Bachelor's degree+
36.1%±1.4%
Poverty rate
13.3%±1.1%
Business applications
1,445 · 2025
Retail establishments
432
26.7/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care27%
Retail trade20%
Professional services16%
Manufacturing14%
Food & accommodation14%
Management9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
162,581
residents · 2025 · +3.0% since 2020
Income per capita $63.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+2,675
International migration+2,029
Natural change+173
GDP trend
2019–2024 · nominal
$9.1B2019
$8.9B2020
$10.1B2021
$10.5B2022
$11.7B2023
$12.3B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$235.7k±$3.7k
Median gross rent
$1.2k/mo±$28/mo
Vacancy rate
6.1%±0.7%
Affordability
3.3× wages
Residential permits
$28.1M
110 units · 0.7/1k pop
FEMA risk score
71.3
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Ice storm 77Hurricane 76Lightning 74
FHFA HOUSE PRICE INDEX · 2016–2025
4582016
4732017
4872018
5022019
5212020
5852021
6582022
7312023
7872024
8202025
RESIDENTIAL PERMITS · 2021–2025
↓ -75% since 20214372021
1472022
852023
1542024
1102025
Transport access
BTS · FAA · USACE
Nearest interstate
3.3 km
I-90
Nearest freight rail
4.1 km
NS
Nearest port
27.9 km
Albany Port District, NY
Nearest commercial airport
22.3 km
ALBANY INTL
Wage trend
BLS QCEW · 2019–2023$70.5k
avg. annual pay · +23% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Schenectady?
Schenectady's economy produced $12.3B in 2024, growing 5.2% year over year — faster than most US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.