Schenectady — Financial Data

68,521 Population FY 2023

6.9% Fund Balance FY 2024

$2,597 Per-Capita Spending FY 2024

7.4% Debt Service FY 2024

18.8 Fiscal Stress FY 2024

26.7 Env. Stress FY 2024

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

23.1% Poverty Rate 2023

23.6% Bachelor's+ Rate 2023

8.9% Unemployment Rate 2023

44.8% Homeownership Rate 2023

Median Household Income

$56,398 (2023)

2010 2023

Per Capita Income

$31,536 (2023)

2010 2023

Median Home Value

$152,000 (2023)

2010 2023

Median Gross Rent

$1,109 (2023)

2010 2023

Median Age

35.8 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Trends

Curated financial dashboard (1995–2024)

Fiscal Health

Available Fund Balance

$12,292,710 (2024)

2011 2024

Cash Position

$26,433,674 (2024)

1995 2024

Debt Service

$13,218,154 (2024)

1995 2024

Fund Balance %

6.9% (2024)

2011 2024

Debt Service %

7.4% (2024)

1995 2024

Per-Capita Spending

$2,597 (2024)

2010 2024

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

18.8 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

26.7 (2024)

2012 2024

Top Revenue Sources

Charges For Services

$41,928,075 (2024)

1995 2024

Real Property Taxes And Assessments

$32,632,579 (2024)

1995 2024

Federal Aid

$29,107,110 (2024)

1995 2024

State Aid

$27,406,209 (2024)

1995 2024

Sales And Use Tax

$19,546,639 (2024)

1995 2024

Top Expenditures

Public Safety

$40,554,638 (2024)

1995 2024

Employee Benefits

$40,258,113 (2024)

1995 2024

General Government

$49,197,304 (2024)

1995 2024

Transportation

$22,969,432 (2024)

1995 2024

Sanitation

$13,246,081 (2024)

1995 2024

Financial Documents (56)

Year	Title	Type
2024	Schenectady OSC Annual Financial Report 2024	OSC_AFR
2024	Schenectady FSMS Report 2024	FSMS_MONITORING
2023	Schenectady Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2023	Schenectady OSC Annual Financial Report 2023	OSC_AFR
2023	Schenectady FSMS Report 2023	FSMS_MONITORING

View all 56 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: County seat of Schenectady County
OSC Code: 420253000000

School Details

Not applicable for this entity type.

Dependent Entities

Fiscally dependent entities that roll up to Schenectady:

Schenectady City School District (School district)