Albany, NY has a population of 98,425, including 53% white, 29% black, and 10% latino.
|Median Income (Household)||$42,335|
|Number Of Employees||46,505|
|Median Property Value||$172,700|
The median household income in Albany, NY is around $42,335, while the median age is 31.2. This city is a home to major universities: Excelsior College, Doctoral Universities, and Doctoral Universities: Highest Research Activity. 46,505 employees work in Albany, NY. The homeownership rate among the residents is 36.99%. The median property value that you should keep in mind is $172,700.
Numbers claim that the employment rate in Albany, NY changed by 1%, so let’s see what are the most common job groups in this area. People of Albany, NY prefer to work in Administrative, Sales and Food & Serving.
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Albany, NY work in. The most common industries are Healthcare & Social Assistance, Educational Services and Public Admin.. Please note that not all the residents of Albany, NY work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
According to latest census, Albany, NY is a home for 53% white residents. The second common group is black with 29% residents. The list of the most common racial or ethnic groups is closed by latino with 10% residents.
Past year Albany, NY universities awarded around 30,074 degrees. Statistics show that the population of students in Albany, NY include 5,664 male students and 7,124 female students. Albany, NY offers private and public tuition with a median cost of $29,656 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Excelsior College with the majority of graduates. The SUNY at Albany and The College of Saint Rose hold the second and the third place respectively. The share of the public colleges in Albany, NY is 48.6% and 51.4% go to the private colleges.
The age groups that most likely have the health care coverage in Albany, NY are 18-24 years old for men and 18-24 years old for women. Albany, NY offers a 101 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 85 to 1, speaking of mental health doctors ratio, it’s 302 to 1 resident.
|Primary Care||1 to 101|
|Dentists||1 to 85|
|Mental Health||1 to 302|
|Other||1 to 145|
The workers of Albany, NY traveled to their offices around 18.27 minutes lately and drove alone to get there. The rest of the residents used public transit and took a bus.
|Rent Price||Dec||vs Last Month|
|1 bed rentals||$1,098||+4.6%|
|2 bed rentals||$1,362||-2.6%|
|3 bed rentals||$1,376||+1.4%|
|4+ bed rentals||$1,622||-7%|
|Rent Type Price||Dec||vs Last Month|
Over the Jan 2020, the average rent for an apartment in/near Albany, NY increased by 0.3% to $1298. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 4.4% to $1050. Pricing for 2-bed apartment also decreased by 2.6% and a place of this size will now cost you $1398. 3-bed apartment rent pricing starts at $1376, it increased by 1.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 7.5% and made it down to $1743.
The median rent for an apartment in Albany, NY increased by 1.5% to $1288. Statistics show that house rent price increased by 3.3% this month making it up to $1611. Condos faced an upward trend these days. The median rent for a condo decreased by 10.6%, it’s now available for $1244. You can now rent a duplex for $1300, duplex rent price decreased by 7.1% this month. An average room will now go for $625, the median rent price for a room decreased by 4.2%.