Albany County, New York Wealth Profile
Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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Income Statistics Overview
| Metric | Albany County | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $83,193 | $85,191 | $78,145 |
| Median Personal Income | $83,193 | $85,191 | $78,145 |
| Average income growth | 4.5% | 4.5% | 4.5% |
Household Income Trend
Median Household Income Over Time
Albany County
United States
Economic Inequality in Albany County | Gender Pay Gap | Gini Index
| Metric | Albany County | New York Avg | US Average |
|---|---|---|---|
| Gini Index | 0.541 | 0.576 | 0.569 |
| Male Median Income | $74,552 | $75,380 | $67,746 |
| Female Median Income | $65,824 | $65,850 | $54,793 |
| Gender Pay Gap | 12.0% | 13.1% | 18.9% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Albany County | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 6.2% | 5.2% |
| Working from Home | 13.6% | 13.4% | 13.4% |
| Commute time (minutes) | 18 | 28 | 22 |
Unemployment Rate Over Time
Albany County
United States