Income & Economy in Rensselaer Falls, NY

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$80,625

+10% vs national

Per Capita Income

$30,909

-17% vs national

Poverty Rate

6.0%

-56% vs national

Gini Index

0.3520

0 = perfect equality

Unemployment

10.1%

+94% vs national

SNAP Recipients

13.1%

of households

How Rensselaer Falls Compares

Source: Census ACS (2023)

Rensselaer Falls vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Rensselaer Falls is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Rensselaer Falls. The median household income here is $80,625.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
7.7%
$25-50K
34.6%
$50-75K
6.2%
$75-100K
8.5%
$100-150K
35.4%
$150-200K
5.4%
$200K+
2.3%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

10.1%

+102% vs NY avg

Labor Force

188

Employed

169

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

22.0%

of adults 25+

High School Diploma+

36.3%

of adults 25+

Median Age

34.4

Work from Home

0.0%

of workers

The median household income in Rensselaer Falls, NY is $80,625, which is 10.1% above the national average of $73,224. Per capita income is $30,909. The poverty rate of 6.0% is lower than the NY state average of 10.6%. The Gini index of income inequality is 0.3520, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 10.1%, compared to the state average of 5.0%. 22.0% of adults hold a bachelor's degree or higher.