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Economy in Albany, Oregon

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

EconomyAlbany, ORUnited States
Unemployment Rate10.40%8.60%
Recent Job Growth-1.74%0.35%
Future Job Growth26.12%32.10%
Sales Taxes0.00%5.00%
Income Taxes9.00%4.70%
Income per Cap.$22,447$26,154
Household Income$47,490$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.59%12.37%
Income between 15K and 25K12.08%10.53%
Income between 25K and 35K11.96%10.88%
Income between 35K and 50K15.97%15.37%
Income between 50K and 75K22.81%20.14%
Income between 75K and 100K12.75%12.41%
Income between 100K and 150K8.88%11.27%
Income between 150K and 250K2.27%5.01%
Income between 250K and 500K0.66%1.86%
Income greater than 500K0.05%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.78%14.04%
Professional and Related Occupations18.29%20.61%
Service16.21%14.45%
Sales and Office24.91%26.75%
Farming, Fishing, and Forestry1.32%0.70%
Construction, Extraction, and Maintenance9.58%9.42%
Production, Transportation, and Material Moving18.91%14.05%


Median Household Income

The unemployment rate in Albany, OR, is 10.40%, with job growth of -1.74%. Future job growth over the next ten years is predicted to be 26.12%.

Albany, OR Taxes

Albany, OR,sales tax rate is 0.00%. Income tax is 9.00%.

Albany, OR Income and Salaries

The income per capita is $22,447, which includes all adults and children. The median household income is $47,490.


Albany Economy SperlingViews

Improving/expanding: There seems to be an expanding of the economy here. There's a rapid housing boom. Prices are going up,(housing and otherwise). Population is expected to grow to 50,000... (read more)My thoughts on Albany: I moved to Albany a year ago. Prior to that I lived in Corvallis for twenty years. Before Corvallis, I lived in Coos Bay for twenty five years. Of the three towns, I... (read more)My thoughts on Albany: I moved to Albany a year ago. Prior to that I lived in Corvallis for twenty years. Before Corvallis, I lived in Coos Bay for twenty five years. Of the three towns, I... (read more)Have an opinion about Albany? Leave a commentTo See All SperlingViews for Albany Click Here