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According to statistics, the population in Albany, NY amounts to 98,498, which shows decline 0% compared to the previous year. The median age of the city’s residents is 31. The average household income is $43,790, shifting growth 3% from the past year, and the average property value in Albany, NY decline 0% to $171,900 throughout the year.
|Number Of Employees||48,161|
|Median Property Value||$171,900|
The average household income in Albany, NY grew from $42,335 to $43,790 in the past year. This data is an estimate based upon 41,245 households in Albany, NY . The chart below presents how household income is distributed in Albany, NY in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Albany, NY shifted from $172,700 to $171,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Albany, NY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Albany, NY properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Albany, NY compared to median property taxes around the country. The prevalent amount of property taxes in Albany, NY equals $3000, which is less than the national average.
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