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Albany, New York Economy Profile
Official State Website URL- http://www.ny.govQuickFacts
| Albany, New York | United States | |
| State | New York | |
| City | Albany | |
| Total population | 95,658 | 281,421,906 |
| Male | 45,467 | 138,053,563 |
| Female | 50,191 | 143,368,343 |
| Median age (years) | 31.4 | 35.3 |
| Total households | 40,709 | 105,480,101 |
| Median household income (dollars) | 30,041 | 41,994 |
Albany, New York Economy
63.64% of people are in the labor force of Albany, New York. The total population of Albany, New York is 95,658 people. Per capita income in Albany, New York is equal to eighteen thousand, two hundred and eighty-one dollars. On an average, male full-time, year-round workers in Albany, New York, receive $31,535, female full-time, year-round workers in Albany, New York, are paid twenty-seven thousand, one hundred and twelve dollars. There are 2,154 families with female householder, no husband present.
Self-employed workers in own not incorporated business make up 4.21% of workers in Albany, New York. Sixty-seven point two four percent comprise private wage and salary workers in Albany, New York. There are forty Unpaid family workers in Albany, New York. Six thousand, six hundred and sixty-two people are involved in public administration. 28.72% of workers provide educational, health and social services in Albany, New York. The percentage of people involved into transportation and warehousing, and utilities in Albany, New York is as follows: 3.28%.
| Albany, New York | %, Albany, New York | United States | |
| Population 16 years and over | 78,755 | 217,168,077 | |
| In labor force | 50,120 | 63.64% | 63.92% |
| - Civilian labor force | 50,029 | 63.52% | 63.39% |
| - - Employed | 43,663 | 55.44% | 59.73% |
| - - Unemployed | 6,366 | 8.08% | 3.66% |
| - - - Percent of civilian labor force | 12.7 | 5.8 | |
| - Armed Forces | 91 | 0.12% | 0.53% |
| Not in labor force | 28,635 | 36.36% | 36.08% |
| Females 16 years and over | 42,065 | 53.41% | 51.66% |
| In labor force | 24,883 | 31.6% | 29.72% |
| - Civilian labor force | 24,864 | 31.57% | 29.65% |
| - - Employed | 21,896 | 27.8% | 27.92% |
| Own children under 6 years | 6,230 | 7.91% | 10.05% |
| All parents in family in labor force | 3,908 | 12,787,501 | |
| COMMUTING TO WORK | |||
| Workers 16 years and over | 42,605 | 128,279,228 | |
| Car, truck, or van -- drove alone | 26,351 | 61.85% | 75.7% |
| Car, truck, or van -- carpooled | 4,757 | 11.17% | 12.19% |
| Public transportation (including taxicab) | 5,593 | 13.13% | 4.73% |
| Walked | 4,611 | 10.82% | 2.93% |
| Other means | 267 | 0.63% | 1.19% |
| Worked at home | 1,026 | 2.41% | 3.26% |
| Mean travel time to work (minutes) | 19.1 | 0.04% | 25.5 |
| Employed civilian population 16 years and over | 43,663 | 129,721,512 | |
| OCCUPATION | |||
| Management, professional, and related occupations | 17,867 | 40.92% | 33.65% |
| Service occupations | 8,010 | 18.35% | 14.86% |
| Sales and office occupations | 12,530 | 28.7% | 26.69% |
| Farming, fishing, and forestry occupations | 20 | 0.05% | 0.73% |
| Construction, extraction, and maintenance occupations | 1,987 | 4.55% | 9.45% |
| Production, transportation, and material moving occupations | 3,249 | 7.44% | 14.62% |
| INDUSTRY | |||
| Agriculture, forestry, fishing and hunting, and mining | 54 | 0.12% | 1.87% |
| Construction | 1,319 | 3.02% | 6.78% |
| Manufacturing | 1,756 | 4.02% | 14.1% |
| Wholesale trade | 657 | 1.5% | 3.6% |
| Retail trade | 4,642 | 10.63% | 11.73% |
| Transportation and warehousing, and utilities | 1,431 | 3.28% | 5.2% |
| Information | 1,442 | 3.3% | 3.08% |
| Finance, insurance, real estate, and rental and leasing | 3,004 | 6.88% | 6.89% |
| Professional, scientific, management, administrative, and waste management services | 4,008 | 9.18% | 9.3% |
| Educational, health and social services | 12,542 | 28.72% | 19.92% |
| Arts, entertainment, recreation, accommodation and food services | 4,001 | 9.16% | 7.87% |
| Other services (except public administration) | 2,145 | 4.91% | 4.87% |
| Public administration | 6,662 | 15.26% | 4.79% |
| CLASS OF WORKER | |||
| Private wage and salary workers | 29,361 | 67.24% | 78.47% |
| Government workers | 12,423 | 28.45% | 14.59% |
| Self-employed workers in own not incorporated business | 1,839 | 4.21% | 6.63% |
| Unpaid family workers | 40 | 0.09% | 0.31% |
| Albany, New York | %, Albany, New York | United States | |
| INCOME IN 1999 | |||
| Households | 40,772 | 105,539,122 | |
| Less than $10,000 | 7,009 | 17.19% | 9.54% |
| $10,000 to $14,999 | 3,712 | 9.1% | 6.31% |
| $15,000 to $24,999 | 6,513 | 15.97% | 12.83% |
| $25,000 to $34,999 | 5,707 | 14.0% | 12.81% |
| $35,000 to $49,999 | 6,064 | 14.87% | 16.53% |
| $50,000 to $74,999 | 6,005 | 14.73% | 19.46% |
| $75,000 to $99,999 | 2,977 | 7.3% | 10.23% |
| $100,000 to $149,999 | 1,874 | 4.6% | 7.72% |
| $150,000 to $199,999 | 573 | 1.41% | 2.2% |
| $200,000 or more | 338 | 0.83% | 2.37% |
| Median household income (dollars) | 30,041 | 41,994 | |
| With earnings | 30,899 | 39.23% | 39.12% |
| - Mean earnings (dollars) | 42,066 | 56,604 | |
| With Social Security income | 9,960 | 12.65% | 12.47% |
| - Mean Social Security income (dollars) | 11,116 | 11,320 | |
| With Supplemental Security Income | 2,476 | 3.14% | 2.13% |
| - Mean Supplemental Security Income (dollars) | 5,977 | 6,320 | |
| With public assistance income | 2,655 | 3.37% | 1.67% |
| - Mean public assistance income (dollars) | 3,425 | 3,032 | |
| With retirement income | 6,632 | 8.42% | 8.13% |
| - Mean retirement income (dollars) | 16,900 | 17,376 | |
| Families | 18,549 | 72,261,780 | |
| Less than $10,000 | 2,064 | 11.13% | 5.75% |
| $10,000 to $14,999 | 1,285 | 6.93% | 4.31% |
| $15,000 to $24,999 | 2,549 | 13.74% | 10.74% |
| $25,000 to $34,999 | 2,418 | 13.04% | 12.02% |
| $35,000 to $49,999 | 2,816 | 15.18% | 17.13% |
| $50,000 to $74,999 | 3,458 | 18.64% | 22.32% |
| $75,000 to $99,999 | 2,011 | 10.84% | 12.47% |
| $100,000 to $149,999 | 1,265 | 6.82% | 9.6% |
| $150,000 to $199,999 | 460 | 2.48% | 2.75% |
| $200,000 or more | 223 | 1.2% | 2.92% |
| Median family income (dollars) | 39,932 | 50,046 | |
| Per capita income (dollars) | 18,281 | 21,587 | |
| Median earnings (dollars): | |||
| Male full-time, year-round workers | 31,535 | 37,057 | |
| Female full-time, year-round workers | 27,112 | 27,194 | |
| POVERTY STATUS IN 1999 (below poverty level) | |||
| Families | 2,960 | 6,620,945 | |
| With related children under 18 years | 2,593 | 87.6% | 77.87% |
| - With related children under 5 years | 1,553 | 52.47% | 38.7% |
| Families with female householder, no husband present | 2,154 | 3,315,916 | |
| With related children under 18 years | 2,056 | 95.45% | 88.68% |
| - With related children under 5 years | 1,193 | 55.39% | 42.27% |
| Individuals | 18,822 | 33,899,812 | |
| 18 years and over | 13,495 | 71.7% | 65.35% |
| - 65 years and over | 1,443 | 7.67% | 9.7% |
| Related children under 18 years | 5,224 | 27.75% | 33.59% |
| - Related children 5 to 17 years | 3,368 | 17.89% | 23.52% |
| Unrelated individuals 15 years and over | 9,391 | 49.89% | 31.63% |
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The data is taken from www.census.gov reports.