Albany, WY Economy


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Albany, WY is a small town located in southern Wyoming. It has a population of just under 1,000 and is known for its peaceful atmosphere and small-town charm. The rent for a two bedroom apartment in Albany is $850 per month, which is well below the national average of $1,430. Grocery costs are also much lower than the national average, with an index of 97 compared to the US at 100.
Albany boasts a variety of local businesses including the Old Mill Diner, Riverwood Golf Course, and Skyline Storage & RV Park. There are also several local shops that specialize in items such as antiques, farm equipment, jewelry, and outdoor sporting goods. With its low living expenses and charming atmosphere, Albany offers plenty to do and see for those looking for a unique small town experience.

Albany has an unemployment rate of 4.4%. The US average is 6.0%.

Albany has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.

Tax Rates for Albany
- The Sales Tax Rate for Albany is 6.0%. 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 $17,141 a year. The US average is $37,638 a year.
- The Median household income of a Albany resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlbany, WyomingUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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