Albany, NY is a great place to call home. Located in Eastern New York State, Albany is the capital city of the state and has access to many amenities. It also boasts a low 2 bedroom rent of only $1,180 per month, which is much lower than the US average of $1,430. The grocery cost index for Albany is on par with the national average at 100. The city is home to many large companies such as SEFCU Financial Services Center and CDPHP Health Insurance provider. It also offers numerous recreational activities such as hiking trails, museums, shopping centers and historic sites to explore. Albany provides all the necessary amenities for an enjoyable life while keeping expenses at a minimum.
Albany (zip 12210) has an unemployment rate of 7.1%. The US average is 6.0%.
Albany (zip 12210) 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 12210)
- The Sales Tax Rate for Albany (zip 12210) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Albany (zip 12210) 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 12210)
- The average income of a Albany (zip 12210) resident is $34,352 a year. The US average is $37,638 a year.
- The Median household income of a Albany (zip 12210) resident is $47,177 a year. The US average is $69,021 a year.