Economy in Albany, New York
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| Unemployment Rate | 6.60% | 8.60% |
| Recent Job Growth | -1.39% | 0.35% |
| Future Job Growth | 30.62% | 32.10% |
| Sales Taxes | 8.00% | 5.00% |
| Income Taxes | 6.85% | 4.70% |
| Income per Cap. | $22,927 | $26,154 |
| Household Income | $37,882 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 19.94% | 12.37% |
| Income between 15K and 25K | 14.62% | 10.53% |
| Income between 25K and 35K | 12.30% | 10.88% |
| Income between 35K and 50K | 15.08% | 15.37% |
| Income between 50K and 75K | 17.08% | 20.14% |
| Income between 75K and 100K | 8.95% | 12.41% |
| Income between 100K and 150K | 8.01% | 11.27% |
| Income between 150K and 250K | 3.02% | 5.01% |
| Income between 250K and 500K | 0.91% | 1.86% |
| Income greater than 500K | 0.09% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.21% | 14.04% |
| Professional and Related Occupations | 28.58% | 20.61% |
| Service | 17.97% | 14.45% |
| Sales and Office | 28.17% | 26.75% |
| Farming, Fishing, and Forestry | 0.02% | 0.70% |
| Construction, Extraction, and Maintenance | 4.57% | 9.42% |
| Production, Transportation, and Material Moving | 7.47% | 14.05% |
The unemployment rate in Albany, NY, is 6.60%, with job growth of -1.39%. Future job growth over the next ten years is predicted to be 30.62%.
Albany, NY Taxes
Albany, NY,sales tax rate is 8.00%. Income tax is 6.85%.
Albany, NY Income and Salaries
The income per capita is $22,927, which includes all adults and children. The median household income is $37,882.
Albany Economy SperlingViews
Terrible economy. No jobs.: Unless you work for the state the only job options (possibly) are retail jobs with a huge turn... (read more)albany ny apartments: Albany is a wonderful place to live. Especially now that the market for real estate and housing is on the up and up again. I would recommend it to live in some Albany... (read more)A mid-size city in upstate New York with a stable : Although state employees are a significant portion of the local workforce and budget cuts are looming, the job market has remained steady compared to other states.... (read more)Have an opinion about Albany? Leave a commentTo See All SperlingViews for Albany Click Here
