2025 Compare Cities Economy:
Waterville, ME vs Albany, NY

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Highlights
- Household income in Albany, is 27% more than it is in Waterville and is 31% below the National Average.
- Waterville unemployment rate is 5.2%.
- Albany unemployment rate is 7.1%.
 Waterville, MEAlbany, NYUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock0.5%1.6%
 Future Job Growth33.7%  Unlock33.5%
 Sales Taxes5.5%  Unlock6.2%
 Income Taxes  Unlock6.2%4.6%
 Income per Cap.$25,898  Unlock$37,638
 Household Income  Unlock$52,583$69,021
 Family Median Income$58,205  Unlock$85,028
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 Est. Households By Income
 Waterville, MEAlbany, NYUnited States
 Income Less Than 15K  Unlock16.0%9.4%
 Income between 15K and 20K8.2%  Unlock3.8%
 Income between 20K and 30K  Unlock9.1%8.1%
 Income between 30K and 40K10.0%  Unlock8.0%
 Income between 40K and 50K  Unlock9.6%7.6%
 Income between 50K and 60K4.8%  Unlock7.2%
 Income between 60K and 75K  Unlock9.1%9.6%
 Income between 75K and 100K8.6%  Unlock12.8%
 Income between 100K and 150K  Unlock13.9%16.3%
 Income between 150K and 200K3.2%  Unlock7.8%
 Income greater than 200K  Unlock5.1%9.5%
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 Population By Occupation
 Waterville, MEAlbany, NYUnited States
 Management, business, finance12.1%  Unlock16.4%
 Engineering, computers, science  Unlock7.6%6.5%
 Community, social services5.5%  Unlock1.8%
 Legal  Unlock1.7%1.2%
 Education, library14.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.4%2.0%
 Healthcare practitioners and technology5.1%  Unlock6.2%
 Healthcare support  Unlock5.6%3.3%
 Firefighters, law enforcement0.4%  Unlock2.1%
 Food preparation, serving  Unlock5.7%5.4%
 Building maintenance4.2%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support24.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.7%  Unlock8.1%
 Production, transportation, material moving  Unlock7.2%13.1%
Reviews for Waterville    8 Reviews

just spend 15 years living in LA and loving it, but now I'm retired and I am priced out. staying in Maine with family. do I move to Central Maine with its myriad  More

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Over 11 years ago

I have lived here for a decade but only started looking for office space in the last few months. There are lots of affordable places  More

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Over 11 years ago

Maine in general, and Waterville in particular, have been a wonderful place to homeschool our three children. We are able to work with as much or as little interaction  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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