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2024 Compare Cities Economy:
Albany, NY vs New Haven, CT

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Highlights
- Household income in New Haven, is 7% less than it is in Albany and is 41% below the National Average.
- Albany unemployment rate is 7.1%.
- New Haven unemployment rate is 9.7%.

Economy
 Albany, NYNew Haven, CTUnited States
 Unemployment Rate7.1%9.7%6.0%
 Recent Job Growth0.5%-0.4%1.6%
 Future Job Growth24.8%27.3%33.5%
 Sales Taxes8.0%6.4%6.2%
 Income Taxes6.2%5.0%4.6%
 Income per Cap.$31,969$29,348$37,638
 Household Income$52,583$48,973$69,021
 Family Median Income$72,988$56,410$85,028
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 Est. Households By Income
 Albany, NYNew Haven, CTUnited States
 Income Less Than 15K16.0%18.5%9.4%
 Income between 15K and 20K5.2%5.6%3.8%
 Income between 20K and 30K9.1%9.6%8.1%
 Income between 30K and 40K8.2%10.3%8.0%
 Income between 40K and 50K9.6%6.6%7.6%
 Income between 50K and 60K7.4%8.2%7.2%
 Income between 60K and 75K9.1%9.0%9.6%
 Income between 75K and 100K11.4%10.3%12.8%
 Income between 100K and 150K13.9%11.4%16.3%
 Income between 150K and 200K5.1%4.8%7.8%
 Income greater than 200K5.1%5.8%9.5%
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 Population By Occupation
 Albany, NYNew Haven, CTUnited States
 Management, business, finance15.1%11.6%16.4%
 Engineering, computers, science7.6%6.6%6.5%
 Community, social services3.6%2.2%1.8%
 Legal1.7%0.8%1.2%
 Education, library7.4%11.0%6.2%
 Arts, design, media, sports, entertainment2.4%1.9%2.0%
 Healthcare practitioners and technology7.3%7.6%6.2%
 Healthcare support5.6%6.0%3.3%
 Firefighters, law enforcement2.4%2.0%2.1%
 Food preparation, serving5.7%6.5%5.4%
 Building maintenance3.9%4.3%3.6%
 Personal care3.6%4.0%2.6%
 Sales, office, administrative support23.7%16.3%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair2.8%6.3%8.1%
 Production, transportation, material moving7.2%12.6%13.1%

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Reviews for Albany    56 Reviews

Over 2 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 4 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 4 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 New Haven    5 Reviews

Over 11 years ago

In the greater New Haven area there are many options for a college  More

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Over 15 years ago

I am thinking of relocating to New Haven, Ct. but am concerned about the high crime rating. Any thoughts?  More

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Over 16 years ago

Due to New Haven, CT great location between New York and Boston, educational opportunities, cultural and recreational activities on Long Island Sound and relatively mild  More

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ZIPS IN ALBANY, NEW YORK
12203 12208 12206 12209 12210 12202 12222 12207
ZIPS IN NEW HAVEN, CONNECTICUT
06511 06513 06515 06519 06510

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