Albany County, New York

Income Data

+9% vs. New York average
$83,149
Median Household Income
$46,231
Per Capita Income

At a Glance

Median Household Income
$83,149
+9% vs. state avg
Per Capita Income
$46,231
+17% vs. national
Income-to-Housing Ratio
30.0%
income as % of home value
Rank in New York
#14 / 62
by median household income

How Albany County Compares

Albany County$83,149
New York Average$76,433
National Median$74,755

Detailed Income Statistics

$83,149
Median Household Income
$46,231
Per Capita Income
$277,400
Median Home Value
30.0%
Income-to-Housing Ratio

Data Story

About Household Income in Albany County, New York

Albany earns well above the national average

Albany County's median household income of $83,149 exceeds the U.S. median of $74,755 by roughly $8,400, placing it in the upper tier nationally. This 11% advantage reflects the county's strong professional and education sectors anchored by the state capital and regional institutions.

Among New York's strongest income counties

Albany ranks near the top of New York State's 62 counties, with its $83,149 median household income substantially outpacing the state average of $76,433. The county's per capita income of $46,231 also surpasses the state average of $41,133, signaling broad-based economic prosperity.

Albany pulls ahead of regional peers

Compared to neighboring upstate counties like Cayuga ($66,583) and Broome ($61,059), Albany residents enjoy roughly $17,000 to $22,000 more in median household income. This income advantage reflects Albany's denser urban core and concentration of government and professional employment.

Strong incomes support housing costs

Albany's rent-to-income ratio of 18.1% sits comfortably below the widely cited 30% affordability threshold, meaning housing is genuinely affordable for most households. With a median home value of $277,400, the county's above-average income translates into real purchasing power for homeownership.

Position your earnings for long-term growth

With incomes exceeding both state and national medians, Albany households are well-positioned to invest beyond basic housing. Consider tax-advantaged retirement accounts, diversified investment portfolios, and property appreciation to build generational wealth in a region with solid economic fundamentals.

Frequently Asked Questions

What is the median household income in Albany County, New York?
The median household income in Albany County, New York is $83,149, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Albany County?
The per capita income in Albany County is $46,231, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $83,149.
How does Albany County compare to the New York average?
Albany County's median household income of $83,149 is higher than the New York state average of $76,433. The per capita income is $46,231, compared to the state average of $41,133.
What is the per capita income in Albany County, New York?
The per capita income in Albany County, New York is $46,231, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Albany County income higher than the New York average?
Albany County's median household income of $83,149 is higher than the New York average of $76,433. This difference of $6,716 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Albany County rank for income in New York?
Albany County ranks #14 out of 62 counties in New York by median household income (1 = highest). With a median household income of $83,149 and per capita income of $46,231, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $83,149 per year

vs. County Median

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vs. State Average

+9%

vs. National Median

+11%

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vs. New York Average9% above
vs. National Median11% above

Income Adequacy

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Your monthly income ($6,929) vs. median rent ($1,252/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.