The 2 bedroom rent in 12205 Albany, NY is $1,460, higher than the US average of $1,430. Additionally, the grocery cost index in 12205 Albany, NY is 103 versus 100 in the US. It's a great city to live in with lots of local businesses and attractions to explore. Popular companies include The Hannaford Supermarket Corporation which offers groceries and pharmacy products and Albany Distilling Company which produces award-winning spirits. You can also find many attractions such as the Schuyler Mansion where you can explore the history of Albany or head over to Washington Park for some green space and outdoor activities.
Albany (zip 12205) has an unemployment rate of 5.7%. The US average is 6.0%.
Albany (zip 12205) 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 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Albany (zip 12205)
- The Sales Tax Rate for Albany (zip 12205) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Albany (zip 12205) 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 12205)
- The average income of a Albany (zip 12205) resident is $40,697 a year. The US average is $37,638 a year.
- The Median household income of a Albany (zip 12205) resident is $83,103 a year. The US average is $69,021 a year.