Economy in Albany, Georgia
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Economy
| Unemployment Rate | 11.80% | 9.10% |
| Recent Job Growth | 1.88% | -0.12% |
| Future Job Growth | 31.96% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 6.00% | 6.25% |
| Income per Cap. | $18,396 | $27,067 |
| Household Income | $32,517 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 25.47% | 12.10% |
| Income between 15K and 25K | 15.06% | 10.18% |
| Income between 25K and 35K | 12.78% | 10.56% |
| Income between 35K and 50K | 15.83% | 14.98% |
| Income between 50K and 75K | 14.60% | 19.53% |
| Income between 75K and 100K | 6.98% | 12.52% |
| Income between 100K and 150K | 6.12% | 12.14% |
| Income between 150K and 250K | 1.44% | 3.91% |
| Income between 250K and 500K | 1.46% | 3.34% |
| Income greater than 500K | 0.27% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.19% | 13.81% |
| Professional and Related Occupations | 23.72% | 22.68% |
| Service | 18.66% | 14.51% |
| Sales and Office | 22.26% | 25.22% |
| Farming, Fishing, and Forestry | 2.01% | 0.68% |
| Construction, Extraction, and Maintenance | 6.38% | 9.37% |
| Production, Transportation, and Material Moving | 16.04% | 15.86% |
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