12208 Albany, NY is a great place to live for those looking for a moderate cost of living. The average two bedroom rent is $1,330 per month, which is $100 cheaper than the US average of $1,430. Additionally, groceries are slightly more expensive at an index of 102 versus 100 in the US. The area has a population of 49,599 and there are plenty of job opportunities from local companies like SEFCU Credit Union, Bank of America, Ernst & Young LLP and Stuyvesant Plaza. With its affordable housing costs and many employment opportunities, 12208 Albany is a great place to move to or stay in.
Albany (zip 12208) has an unemployment rate of 7.1%. The US average is 6.0%.
Albany (zip 12208) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 24.8%, which is lower than the US average of 33.5%.
Tax Rates for Albany (zip 12208)
- The Sales Tax Rate for Albany (zip 12208) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Albany (zip 12208) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Albany (zip 12208)
- The average income of a Albany (zip 12208) resident is $38,841 a year. The US average is $37,638 a year.
- The Median household income of a Albany (zip 12208) resident is $66,624 a year. The US average is $69,021 a year.