Albany Metro Area, GA Economy


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United States / Georgia / Albany Metro Area / Counties / Cities / Zip Codes
equestId":"f4b385e1-6659-4f49-8c14-b46d6c30c68b","resource":"content","data":[{"id":"txt_4a1609f931f749d0890e3406ffeeb7df","text":" and list their products or services\nAlbany, GA Metro Area is a vibrant and exciting place to live. The area boasts lower rental prices than the US average, making it an ideal spot for those looking to rent a two-bedroom apartment at an affordable rate. Furthermore, groceries are significantly cheaper when compared to the national average; making it easier to save money on food costs. There are many great local companies in Albany which provide excellent products and services such as the Albany Mattress Company who offers customers custom-made mattresses, Albany Lighting which provides designer light fixtures for home décor, and Gardenland Nursery which offers locally grown plants and flowers.

Albany Metro Area has an unemployment rate of 5.3%. The US average is 6.0%.

Albany Metro Area has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.

Tax Rates for Albany Metro Area
- The Sales Tax Rate for Albany Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Albany Metro Area is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Albany Metro Area
- The average income of a Albany Metro Area resident is $20,242 a year. The US average is $28,555 a year.
- The Median household income of a Albany Metro Area resident is $49,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlbany, GeorgiaUnited States
  5.36
  -4.0%-6.2%
  38.1%33.5%
  7.0%6.2%
  5.8%4.6%
  $26,080$37,638
  $49,500$69,021
  $60,011$85,028
  Population by Occupation
  2.4%1.2%
  0.3%0.5%
  5.6%6.8%
  9.5%10.0%
  2.8%2.5%
  11.9%11.0%
  5.3%4.8%
  0.5%0.8%
  1.2%1.9%
  2.7%4.7%
  1.7%1.9%
  4.1%7.6%
  0.1%0.1%
  4.1%4.2%
  10.3%9.3%
  16.3%14.0%
  1.2%2.1%
  7.0%7.0%
  5.3%4.8%
  7.6%4.7%
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