2025 Compare Cities Economy:
Albany, NY vs Franklin, NC

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Highlights
- Household income in Franklin, is 31% less than it is in Albany and is 91% below the National Average.
- Albany unemployment rate is 7.1%.
- Franklin unemployment rate is 4.2%.
 Albany, NYFranklin, NCUnited States
 Unemployment Rate  Unlock4.2%6.0%
 Recent Job Growth  Unlock1.0%1.6%
 Future Job Growth24.8%  Unlock33.5%
 Sales Taxes8.0%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$31,969  Unlock$37,638
 Household Income  Unlock$36,158$69,021
 Family Median Income$72,988  Unlock$85,028
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 Est. Households By Income
 Albany, NYFranklin, NCUnited States
 Income Less Than 15K  Unlock11.8%9.4%
 Income between 15K and 20K5.2%  Unlock3.8%
 Income between 20K and 30K  Unlock20.8%8.1%
 Income between 30K and 40K8.2%  Unlock8.0%
 Income between 40K and 50K  Unlock6.4%7.6%
 Income between 50K and 60K7.4%  Unlock7.2%
 Income between 60K and 75K  Unlock10.9%9.6%
 Income between 75K and 100K11.4%  Unlock12.8%
 Income between 100K and 150K  Unlock6.4%16.3%
 Income between 150K and 200K5.1%  Unlock7.8%
 Income greater than 200K  Unlock1.4%9.5%
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 Population By Occupation
 Albany, NYFranklin, NCUnited States
 Management, business, finance15.1%  Unlock16.4%
 Engineering, computers, science  Unlock3.4%6.5%
 Community, social services3.6%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library7.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.6%2.0%
 Healthcare practitioners and technology7.3%  Unlock6.2%
 Healthcare support  Unlock3.8%3.3%
 Firefighters, law enforcement2.4%  Unlock2.1%
 Food preparation, serving  Unlock15.6%5.4%
 Building maintenance3.9%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support23.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.5%0.6%
 Construction, extraction, maintenance/repair2.8%  Unlock8.1%
 Production, transportation, material moving  Unlock7.3%13.1%
Reviews for Albany    56 Reviews

Over 3 years ago

I live relatively close to Albany, and I gotta say, its a great city. I think it has a lot of good places for food, good living spaces, nice jobs and offices, and I  More

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Over 5 years ago

I’ve lived just outside of Albany in Clifton Park and its always been decent for me. The town is nice and theres a lot to do. The prices are a little expensive including  More

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Over 5 years ago

Good place to retire. Walkable. Young people. Buses. Sidewalks. Feel safe here in Whitehall neighborhood. Plenty to do. Taxes in ny are high,but you get what you pay  More

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Reviews for Franklin    4 Reviews

Great mountain town. Friendly people and lots to do.  More

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Over 10 years ago

I agree with some of the posts on here saying that Franklin is more than willing to take your money, but it's difficult to fit in if you 'aren't from around here, are  More

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Franklin will welcome you if you are a vacationer but move here and it is a whole different story. We are one of those families that would vacation here every year and  More

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