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Economy in Albany, Georgia

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyAlbany, GAUnited States
Unemployment Rate11.80%9.10%
Recent Job Growth1.88%-0.12%
Future Job Growth31.96%31.25%
Sales Taxes7.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$18,396$27,067
Household Income$32,517$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K25.47%12.10%
Income between 15K and 25K15.06%10.18%
Income between 25K and 35K12.78%10.56%
Income between 35K and 50K15.83%14.98%
Income between 50K and 75K14.60%19.53%
Income between 75K and 100K6.98%12.52%
Income between 100K and 150K6.12%12.14%
Income between 150K and 250K1.44%3.91%
Income between 250K and 500K1.46%3.34%
Income greater than 500K0.27%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.19%13.81%
Professional and Related Occupations23.72%22.68%
Service18.66%14.51%
Sales and Office22.26%25.22%
Farming, Fishing, and Forestry2.01%0.68%
Construction, Extraction, and Maintenance6.38%9.37%
Production, Transportation, and Material Moving16.04%15.86%
Median Household Income

The unemployment rate in Albany, GA, is 11.80%, with job growth of 1.88%. Future job growth over the next ten years is predicted to be 31.96%.

Albany, GA Taxes

Albany, GA,sales tax rate is 7.00%. Income tax is 6.00%.

Albany, GA Income and Salaries

The income per capita is $18,396, which includes all adults and children. The median household income is $32,517.


Albany Economy SperlingViews

Cost of Living: Although Albany suffers from some of the same employment issues as other states, the cost of living has remained low. It took Albany a year to feel the affects of a... (read more)Albany aint really that great: I think some people in Albany might really enjoy it, but from might view, these might be the people who have really thrived in its environment. The reality of Albany to... (read more)Money to be made!: People here have the money. There is a big medical community here and we also have Proctor and Gambil. If you relocate, go to Northwest Albany or Lee... (read more)Have an opinion about Albany? Leave a commentTo See All SperlingViews for Albany Click Here