Albany, NH Economy


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United States / New Hampshire / No Metro Area / Carroll County / Albany / Zip Codes
Albany, NH is a small town located in the Northeast part of the United States. It has a population of about 5400 people and is known for its great quality of life. Rent costs are relatively affordable at $1,170 for two bedroom apartments, and the Grocery Cost Index is 7 points higher than the national average.
There are many local businesses in Albany, NH that provide jobs and services to its citizens. Some popular companies include B-Dry Systems of New Hampshire, which provides basement waterproofing services; Hardwood Lumber Company, which supplies specialty lumber products; Plimpton & Hills Corporation, which provides home improvement products; and Albany Roofing Supplies & Services, which offers roofing materials and installation services.

Albany has an unemployment rate of 3.3%. The US average is 6.0%.

Albany has seen the job market decrease by -10.8% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Albany
- The Sales Tax Rate for Albany is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Albany is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Albany
- The average income of a Albany resident is $34,532 a year. The US average is $37,638 a year.
- The Median household income of a Albany resident is $62,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlbany, New HampshireUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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