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2024 Compare Cities Economy:
Newark, OH vs Albany, NY

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Highlights
- Household income in Albany, is 0% more than it is in Newark and is 31% below the National Average.
- Newark unemployment rate is 4.0%.
- Albany unemployment rate is 7.1%.

Economy
 Newark, OHAlbany, NYUnited States
 Unemployment Rate4.0%7.1%6.0%
 Recent Job Growth0.7%0.5%1.6%
 Future Job Growth35.5%24.8%33.5%
 Sales Taxes7.3%8.0%6.2%
 Income Taxes5.2%6.2%4.6%
 Income per Cap.$27,845$31,969$37,638
 Household Income$52,570$52,583$69,021
 Family Median Income$65,424$72,988$85,028
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 Est. Households By Income
 Newark, OHAlbany, NYUnited States
 Income Less Than 15K13.6%16.0%9.4%
 Income between 15K and 20K4.7%5.2%3.8%
 Income between 20K and 30K10.6%9.1%8.1%
 Income between 30K and 40K9.6%8.2%8.0%
 Income between 40K and 50K8.8%9.6%7.6%
 Income between 50K and 60K10.8%7.4%7.2%
 Income between 60K and 75K9.6%9.1%9.6%
 Income between 75K and 100K13.0%11.4%12.8%
 Income between 100K and 150K11.5%13.9%16.3%
 Income between 150K and 200K4.7%5.1%7.8%
 Income greater than 200K3.2%5.1%9.5%
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 Population By Occupation
 Newark, OHAlbany, NYUnited States
 Management, business, finance13.9%15.1%16.4%
 Engineering, computers, science5.4%7.6%6.5%
 Community, social services1.8%3.6%1.8%
 Legal0.7%1.7%1.2%
 Education, library4.0%7.4%6.2%
 Arts, design, media, sports, entertainment1.0%2.4%2.0%
 Healthcare practitioners and technology4.4%7.3%6.2%
 Healthcare support2.8%5.6%3.3%
 Firefighters, law enforcement2.0%2.4%2.1%
 Food preparation, serving8.2%5.7%5.4%
 Building maintenance4.6%3.9%3.6%
 Personal care3.0%3.6%2.6%
 Sales, office, administrative support23.7%23.7%20.9%
 Farming, fishing, forestry0.5%0.0%0.6%
 Construction, extraction, maintenance/repair6.3%2.8%8.1%
 Production, transportation, material moving17.5%7.2%13.1%

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Reviews for Newark    7 Reviews

I have lived here in Newark for over nine and a half years. This isn't the best place to live. Sure there's historical buildings, including the courthouse, and the  More

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We retired to Newark, coming from the ‘burbs of the Chicago area. People we meet are surprised to hear that someone would choose Newark to retire to, but as newcomers  More

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This city is good for the older generation, rtetiring, and folks that wont mind settling in an affordable-yet-boring town. Crime is going up. Poverty increasing, and  More

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Reviews for Albany    56 Reviews

Over 2 years ago

I live relatively close to Albany, and I gotta say, its a great city. I think it has a lot of good places for food, good living spaces, nice jobs and offices, and I  More

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Over 4 years ago

I’ve lived just outside of Albany in Clifton Park and its always been decent for me. The town is nice and theres a lot to do. The prices are a little expensive including  More

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Over 4 years ago

Good place to retire. Walkable. Young people. Buses. Sidewalks. Feel safe here in Whitehall neighborhood. Plenty to do. Taxes in ny are high,but you get what you pay  More

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ZIPS IN NEWARK, OHIO
43055
ZIPS IN ALBANY, NEW YORK
12203 12208 12206 12209 12210 12202 12222 12207

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