Home / Select Cities  /  2024 Comparing Albany, VT vs. Newark, NJ

2024 Compare Cities Economy:
Albany, VT vs Newark, NJ

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Highlights
- Household income in Newark, is 32% less than it is in Albany and is 67% below the National Average.
- Albany unemployment rate is 2.9%.
- Newark unemployment rate is 13.0%.

Economy
 Albany, VTNewark, NJUnited States
 Unemployment Rate2.9%13.0%6.0%
 Recent Job Growth0.3%-0.7%1.6%
 Future Job Growth27.0%18.1%33.5%
 Sales Taxes6.0%6.6%6.2%
 Income Taxes6.6%5.5%4.6%
 Income per Cap.$27,459$22,194$37,638
 Household Income$60,938$41,335$69,021
 Family Median Income$72,344$48,589$85,028
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 Est. Households By Income
 Albany, VTNewark, NJUnited States
 Income Less Than 15K8.5%21.2%9.4%
 Income between 15K and 20K5.0%6.2%3.8%
 Income between 20K and 30K2.3%12.0%8.1%
 Income between 30K and 40K15.3%9.5%8.0%
 Income between 40K and 50K8.3%8.8%7.6%
 Income between 50K and 60K9.3%7.8%7.2%
 Income between 60K and 75K9.5%9.1%9.6%
 Income between 75K and 100K17.5%9.7%12.8%
 Income between 100K and 150K13.5%9.6%16.3%
 Income between 150K and 200K11.0%3.5%7.8%
 Income greater than 200K0.0%2.7%9.5%
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 Population By Occupation
 Albany, VTNewark, NJUnited States
 Management, business, finance11.2%8.8%16.4%
 Engineering, computers, science1.2%2.8%6.5%
 Community, social services19.1%2.3%1.8%
 Legal3.2%0.5%1.2%
 Education, library13.9%4.8%6.2%
 Arts, design, media, sports, entertainment0.0%1.2%2.0%
 Healthcare practitioners and technology5.2%3.0%6.2%
 Healthcare support0.8%6.0%3.3%
 Firefighters, law enforcement4.0%4.3%2.1%
 Food preparation, serving4.4%5.1%5.4%
 Building maintenance4.2%6.7%3.6%
 Personal care0.0%2.9%2.6%
 Sales, office, administrative support13.3%19.9%20.9%
 Farming, fishing, forestry0.4%0.2%0.6%
 Construction, extraction, maintenance/repair7.8%12.3%8.1%
 Production, transportation, material moving11.4%19.2%13.1%

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Reviews for Albany    0 Reviews

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Reviews for Newark    26 Reviews

Over 3 years ago

Newark is straight garbage.  More

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Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

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Over 11 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

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ZIPS IN ALBANY, VERMONT
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ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102

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