Department of Numbers

Albany-Schenectady-Troy New York Household Income

The Census ACS 1-year survey reports that the median household income for the Albany-Schenectady-Troy New York metro area was $63,080 in 2015, the latest figures available. Albany median household income is $2,230 higher than the median New York household income and $7,305 greater than the US median household income. 2016 metro income data (including Albany median household income) will be released in September of 2017. Median family and per capita income for Albany-Schenectady-Troy are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Albany New York

2015 1 Year Change 3 Year Change
US $55,775 +3.83% +5.17%
New York $60,850 +3.23% +4.42%
Albany $63,080 +1.19% +0.79%

Trends in Albany, NY Real Median Household Income since 2005

The current median household income for Albany is $63,080. Real median household income peaked in 2008 at $64,691 and is now $1,611 (2.49%) lower. From a post peak low of $60,656 in 2010, real median household income for Albany has now grown by $2,424 (4.00%).

Real Median Household Income: Albany, New York, National

Historical Inflation Adjusted Median Household Income for Albany

Date US New York Albany
2015 $55,775 $60,850 $63,080
2014 $53,719 $58,946 $62,337
2013 $53,166 $58,375 $60,672
2012 $53,031 $58,273 $62,585
2011 $53,223 $58,223 $61,775
2010 $54,405 $58,864 $60,656
2009 $55,478 $60,381 $63,715
2008 $57,276 $61,684 $64,691
2007 $58,003 $61,174 $63,020
2006 $56,957 $60,405 $62,542
2005 $56,122 $60,052 $61,688

Albany Family Income

The ACS 1-year data shows the median family income for Albany was $81,972 in 2015. Compared to the median New York family income, Albany median family income is $8,118 higher. As with the median household income data, 2016 family income data for Albany will be released in September of 2017.

Show dollars as: Nominal Real

Real Median Family Income for Albany New York

2015 1 Year Change 3 Year Change
US $68,260 +3.45% +5.75%
New York $73,854 +3.73% +4.60%
Albany $81,972 +1.62% +1.09%

Trends in Albany, NY Real Median Family Income since 2005

The current median family income for Albany is $81,972. Real median family income peaked in 2009 at $83,264 and is now $1,292 (1.55%) lower.

Real Median Family Income: Albany, New York, National

Historical Inflation Adjusted Median Family Income for Albany

Date US New York Albany
2015 $68,260 $73,854 $81,972
2014 $65,986 $71,197 $80,669
2013 $65,153 $71,721 $81,271
2012 $64,548 $70,606 $81,088
2011 $64,766 $70,454 $79,331
2010 $65,888 $71,637 $79,500
2009 $67,476 $73,894 $83,264
2008 $69,756 $74,722 $82,140
2007 $69,929 $73,849 $83,001
2006 $68,801 $73,047 $79,207
2005 $67,761 $72,438 $75,783

Albany Per Capita Income

The ACS 1-year survey shows the per capita income for Albany was $33,183 in 2015. Compared to the median New York per capita income, Albany median per capita income is $1,114 lower. As with the median household and median family income numbers above, 2016 per capita income data for Albany will be released in September of 2017.

Show dollars as: Nominal Real

Real Per Capita Income for Albany New York

2015 1 Year Change 3 Year Change
US $29,979 +3.65% +6.30%
New York $34,297 +3.51% +6.18%
Albany $33,183 +2.45% +4.22%

Trends in Albany, NY Real Per Capita Income since 2005

The current per capita income for Albany is $33,183. Real per capita income peaked in 2005 at $33,192 and is now $9 (0.03%) lower. From a post peak low of $31,453 in 2006, real per capita income for Albany has now grown by $1,730 (5.50%).

Real Per Capita Income: Albany, New York, National

Historical Real Per Capita Income for Albany

Date US New York Albany
2015 $29,979 $34,297 $33,183
2014 $28,922 $33,133 $32,391
2013 $28,678 $33,084 $31,774
2012 $28,202 $32,301 $31,838
2011 $28,147 $32,332 $31,616
2010 $28,329 $32,625 $32,100
2009 $29,174 $33,853 $32,779
2008 $30,371 $34,442 $32,096
2007 $30,508 $34,163 $32,780
2006 $29,703 $32,944 $31,453
2005 $30,384 $34,174 $33,192