2025 Compare Cities Economy:
Niagara Falls, NY vs Albany, NY

Change Cities
Highlights
- Household income in Albany, is 21% more than it is in Niagara Falls and is 31% below the National Average.
- Niagara Falls unemployment rate is 9.8%.
- Albany unemployment rate is 7.1%.
 Niagara Falls, NYAlbany, NYUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock0.5%1.6%
 Future Job Growth20.4%  Unlock33.5%
 Sales Taxes8.0%  Unlock6.2%
 Income Taxes  Unlock6.2%4.6%
 Income per Cap.$27,325  Unlock$37,638
 Household Income  Unlock$52,583$69,021
 Family Median Income$57,878  Unlock$85,028
 space
 Est. Households By Income
 Niagara Falls, NYAlbany, NYUnited States
 Income Less Than 15K  Unlock16.0%9.4%
 Income between 15K and 20K5.8%  Unlock3.8%
 Income between 20K and 30K  Unlock9.1%8.1%
 Income between 30K and 40K8.7%  Unlock8.0%
 Income between 40K and 50K  Unlock9.6%7.6%
 Income between 50K and 60K7.2%  Unlock7.2%
 Income between 60K and 75K  Unlock9.1%9.6%
 Income between 75K and 100K11.9%  Unlock12.8%
 Income between 100K and 150K  Unlock13.9%16.3%
 Income between 150K and 200K3.3%  Unlock7.8%
 Income greater than 200K  Unlock5.1%9.5%
 space1
 Population By Occupation
 Niagara Falls, NYAlbany, NYUnited States
 Management, business, finance12.4%  Unlock16.4%
 Engineering, computers, science  Unlock7.6%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock1.7%1.2%
 Education, library7.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.4%2.0%
 Healthcare practitioners and technology5.6%  Unlock6.2%
 Healthcare support  Unlock5.6%3.3%
 Firefighters, law enforcement2.0%  Unlock2.1%
 Food preparation, serving  Unlock5.7%5.4%
 Building maintenance4.2%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support24.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair7.6%  Unlock8.1%
 Production, transportation, material moving  Unlock7.2%13.1%
Reviews for Niagara Falls    6 Reviews

Niagara Falls is a place where we are careful about saying ‘things are looking up’ because we’ve said that before and whatever big project promised falls through or just  More

   |    Reply

Over 15 years ago

Niagara Falls has very high crime and a steady increase in gang activity. Unemployment is very high, there is a lot of pollution and winters are too long. The falls  More

   |    Reply

Niagara Falls is plagued by contamination for radioactive waste and dumping, high crime high taxes and corrupt politicians. One would figure that a smaller town  More

   |    Reply

Start Your Review of Niagara Falls

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Albany


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.