2025 Compare Cities Economy:
Paramus, NJ vs Albany, NY

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Highlights
- Household income in Albany, is 60% less than it is in Paramus and is 31% below the National Average.
- Paramus unemployment rate is 6.9%.
- Albany unemployment rate is 7.1%.
 Paramus, NJAlbany, NYUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock0.5%1.6%
 Future Job Growth24.5%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock6.2%4.6%
 Income per Cap.$51,858  Unlock$37,638
 Household Income  Unlock$52,583$69,021
 Family Median Income$144,092  Unlock$85,028
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 Est. Households By Income
 Paramus, NJAlbany, NYUnited States
 Income Less Than 15K  Unlock16.0%9.4%
 Income between 15K and 20K3.0%  Unlock3.8%
 Income between 20K and 30K  Unlock9.1%8.1%
 Income between 30K and 40K4.2%  Unlock8.0%
 Income between 40K and 50K  Unlock9.6%7.6%
 Income between 50K and 60K3.3%  Unlock7.2%
 Income between 60K and 75K  Unlock9.1%9.6%
 Income between 75K and 100K10.0%  Unlock12.8%
 Income between 100K and 150K  Unlock13.9%16.3%
 Income between 150K and 200K16.0%  Unlock7.8%
 Income greater than 200K  Unlock5.1%9.5%
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 Population By Occupation
 Paramus, NJAlbany, NYUnited States
 Management, business, finance23.5%  Unlock16.4%
 Engineering, computers, science  Unlock7.6%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock1.7%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.4%2.0%
 Healthcare practitioners and technology8.3%  Unlock6.2%
 Healthcare support  Unlock5.6%3.3%
 Firefighters, law enforcement1.9%  Unlock2.1%
 Food preparation, serving  Unlock5.7%5.4%
 Building maintenance1.2%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support25.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.5%  Unlock8.1%
 Production, transportation, material moving  Unlock7.2%13.1%
Reviews for Paramus    2 Reviews

Over 16 years ago

My siblings and I are products of the Paramus Public School system and I am an attorney, my sister is a doctor and my brother is finishing his MBA. Many of my high  More

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Over 18 years ago

I have lived here most of my life and it is a fabulous place to live. Community oriented - great schools and great  More

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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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