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Economic Atlas
Places/NY/Schenectady
County profile

Schenectady

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
GDP growth
+5.2%
Jobs tracked
51,797
Employers
2,911
Avg. wage
$70.5k
Population
162,581
Labor & formation
Unemployment
4.0%
Median HH income
$79.6k±$2.7k
Business applications
1,445 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

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
$9.1B
2019
$8.9B
2020
$10.1B
2021
$10.5B
2022
$11.7B
2023
$12.3B
2024

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
110 (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
458
2016
473
2017
487
2018
502
2019
521
2020
585
2021
658
2022
731
2023
787
2024
820
2025
Wage trend
BLS QCEW · 2019–2023
$70.5k
avg. annual pay · +23% since 2019
Similar US counties
nearest by GDP
Martin$12.3BKenton$12.4BCatawba$12.4BKent$12.4BHawaii$12.2BCleveland$12.5B
The read

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.
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