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 $78,272 in 2021, the latest figures available. Albany median household income is $3,958 higher than the median New York household income and $8,555 greater than the US median household income. 2022 metro income data (including Albany median household income) will be released in September of 2023. Median family and per capita income for Albany-Schenectady-Troy are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Albany New York
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| New York | $74,314 | -3.02% | +1.52% |
| Albany | $78,272 | -1.39% | +1.74% |
Trends in Albany, NY Real Median Household Income since 2005
The current median household income for Albany is $78,272. Real median household income peaked in 2020 at $79,376 and is now $1,104 (1.39%) lower.
Real Median Household Income: Albany, New York, National
Historical Inflation Adjusted Median Household Income for Albany
| Date | US | New York | Albany |
|---|---|---|---|
| 2021 | $69,717 | $74,314 | $78,272 |
| 2020 | $70,877 | $76,630 | $79,376 |
| 2019 | $69,638 | $76,416 | $77,784 |
| 2018 | $66,828 | $73,201 | $76,931 |
| 2017 | $66,687 | $71,725 | $75,910 |
| 2016 | $65,052 | $71,026 | $74,352 |
| 2015 | $63,784 | $69,587 | $72,138 |
| 2014 | $61,468 | $67,449 | $71,329 |
| 2013 | $60,869 | $66,833 | $69,462 |
| 2012 | $60,732 | $66,734 | $71,672 |
| 2011 | $60,969 | $66,696 | $70,766 |
| 2009 | $63,573 | $69,191 | $73,011 |
| 2007 | $66,465 | $70,099 | $72,214 |
| 2005 | $64,310 | $68,813 | $70,688 |
Albany Family Income
The ACS 1-year data shows the median family income for Albany was $101,029 in 2021. Compared to the median New York family income, Albany median family income is $8,575 higher. As with the median household income data, 2022 family income data for Albany will be released in September of 2023.
Real Median Family Income for Albany New York
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| New York | $92,454 | -2.90% | +2.85% |
| Albany | $101,029 | -1.70% | +2.40% |
Trends in Albany, NY Real Median Family Income since 2005
The current median family income for Albany is $101,029. Real median family income peaked in 2017 at $103,253 and is now $2,224 (2.15%) lower.
Real Median Family Income: Albany, New York, National
Historical Inflation Adjusted Median Family Income for Albany
| Date | US | New York | Albany |
|---|---|---|---|
| 2021 | $85,806 | $92,454 | $101,029 |
| 2020 | $87,269 | $95,212 | $102,775 |
| 2019 | $85,780 | $94,821 | $101,047 |
| 2018 | $82,434 | $89,890 | $98,657 |
| 2017 | $81,669 | $88,547 | $103,253 |
| 2016 | $80,231 | $87,363 | $95,480 |
| 2015 | $78,061 | $84,459 | $93,742 |
| 2014 | $75,505 | $81,467 | $92,306 |
| 2013 | $74,593 | $82,112 | $93,046 |
| 2012 | $73,920 | $80,858 | $92,862 |
| 2011 | $74,192 | $80,707 | $90,876 |
| 2009 | $77,322 | $84,675 | $95,412 |
| 2007 | $80,131 | $84,623 | $95,110 |
| 2005 | $77,647 | $83,007 | $86,840 |
Albany Per Capita Income
The ACS 1-year survey shows the per capita income for Albany was $41,527 in 2021. Compared to the median New York per capita income, Albany median per capita income is $1,551 lower. As with the median household and median family income numbers above, 2022 per capita income data for Albany will be released in September of 2023.
Real Per Capita Income for Albany New York
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| New York | $43,078 | -3.09% | +2.68% |
| Albany | $41,527 | -0.85% | +3.78% |
Trends in Albany, NY Real Per Capita Income since 2005
The current per capita income for Albany is $41,527. Real per capita income peaked in 2020 at $41,881 and is now $354 (0.85%) lower.
Real Per Capita Income: Albany, New York, National
Historical Real Per Capita Income for Albany
| Date | US | New York | Albany |
|---|---|---|---|
| 2021 | $38,332 | $43,078 | $41,527 |
| 2020 | $38,730 | $44,451 | $41,881 |
| 2019 | $37,803 | $44,358 | $40,797 |
| 2018 | $36,503 | $41,955 | $40,016 |
| 2017 | $35,807 | $41,067 | $40,396 |
| 2016 | $35,145 | $40,119 | $39,267 |
| 2015 | $34,284 | $39,222 | $37,948 |
| 2014 | $33,094 | $37,913 | $37,064 |
| 2013 | $32,833 | $37,878 | $36,377 |
| 2012 | $32,297 | $36,991 | $36,461 |
| 2011 | $32,243 | $37,037 | $36,218 |
| 2009 | $33,430 | $38,792 | $37,562 |
| 2007 | $34,959 | $39,147 | $37,563 |
| 2005 | $34,817 | $39,160 | $38,035 |
