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Rensselaer, NY&

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Population
9,435
0.71% decline
Median Age
36.2
Median Household Income
$47,556
0.94% growth
Poverty Rate
18.2%
Number of Employees
4,496
3.75% decline
Median Property Value
$129,800
8.4% decline

About the photo: Albany, NY

Economy

The economy of Rensselaer, NY employs 4,496 people. The economy of Rensselaer, NY is specialized in Utilities; Public Admin.; and Construction, which employ respectively 2.19; 1.98; and 1.63 times more people than what would be expected in a location of this size. The largest industries in Rensselaer, NY are Healthcare & Social Assistance (809), Retail trade (466), and Construction (427), and the highest paying industries are Arts, Entertainment, Recreation ($65,987), Professional, Scientific, Tech Services ($54,926), and Transportation & Warehousing ($43,947).

Median household income in Rensselaer, NY is $47,556. Males in Rensselaer, NY have an average income that is 1.09 times higher than the average income of females, which is $54,162. The income inequality of Rensselaer, NY (measured using the Gini index) is 0.401 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Rensselaer, NY. In Rensselaer County, NY the age groups most likely to have health care coverage are 55-64 and 55-64, men and women, respectively. The location has a 1 to 50 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,687. Bronx County, NY has the highest prevalence of homicides of any county in New York.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Rensselaer, NY is from the county of Rensselaer County, NY.

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Diversity

Rensselaer, NY is home to a population of 9,435 people, from which 97.3% are citizens. The ethnic composition of the population of Rensselaer, NY is composed of 7,185 White residents (76.2%), 611 Asian residents (6.48%), 592 Black residents (6.27%), 536 Hispanic residents (5.68%), and 491 Two+ residents (5.2%). The most common foreign languages in Rensselaer, NY are Spanish (168 speakers), Tagalog (18 speakers), and Vietnamese (18 speakers), but compared to other places, Rensselaer, NY has a relative high number of Polish (10 speakers), Italian (10 speakers), and Vietnamese (18 speakers).

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Education

In 2015 universities in Troy City PUMA, NY awarded 4,615 degrees. The student population of Troy City PUMA, NY is skewed away from females, with 2,434 male students and 2,181 female students. Most students in Troy City PUMA, NY are White (3,357 and 72.7%), followed by Black or African American (217 and 4.7%), Asian (214 and 4.64%), and Hispanic or Latino (207 and 4.49%). The largest universities in Troy City PUMA, NY by number of graduates are Hudson Valley Community College (2,032 and 44%), Rensselaer Polytechnic Institute (1,715 and 37.2%), and The Sage Colleges (788 and 17.1%). The most popular majors in Troy City PUMA, NY are General Studies (297 and 6.44%), General Business Administration & Management (255 and 5.53%), and Registered Nursing (148 and 3.21%). The median tuition costs in Troy City PUMA, NY are N/A for private four year colleges, and $49,520 and $49,520 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Rensselaer, NY is $129,800, which is 0.63 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value decreased from $141,700 to $129,800, a 8.4% increase. The homeownership rate of Rensselaer, NY is 40.5%, which is lower than the national average of 63.6%. People in Rensselaer, NY have an average commute time of 20.5 minutes, and they commute by Drove Alone. Car ownership in Rensselaer, NY is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
New York
state
Rensselaer County, NY
county
Albany-Schenectady-Troy, NY Metro Area
metropolitan statistical area
Troy City PUMA, NY
public use microdata area
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