County profile
Albany County, NY
United States · GDP 2024
#129 of 3,127 US counties by GDP54th-percentile growthmore diversified than 93% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$46.1B
BEA · 2024
GDP growth (YoY)
+4.7%
BEA · 2024
Jobs tracked
180,421
Census CBP · 2023
Employers
9,465
Census CBP · 2023
Avg. wage
$78.6k
BLS QCEW · 2023
Population
321,225
Census PEP · 2025
Labor, income & education
Unemployment
3.7%
Median HH income
$85.3k±$2.3k
Bachelor's degree+
46.4%±1.1%
Poverty rate
13.0%±0.8%
Business applications
12,859 · 2025
Retail establishments
1,233
38.6/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Plug Power Inc.Industrials$709.9M47D2Latham Group, Inc.Industrials$545.9M51D3AngioDynamics, Inc.Healthcare$292.5M——4Binah Capital Group, Inc.Financial Services$182.0M49D5Soluna Holdings, Inc.Technology$29.7M34D6Pioneer Bancorp, Inc.Financial Services$15.8M50D7StratoComm CorporationCommunication Services$0——8Inflection Point Acquisition Corp. VFinancial Services———9Starry Sea Acquisition Corp.Financial Services———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care34%
Retail trade18%
Professional services16%
Food & accommodation13%
Finance & insurance11%
Manufacturing9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
321,225
residents · 2025 · +2.2% since 2020
Income per capita $83.4k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−575
International migration+9,321
Natural change−1,708
GDP trend
2019–2024 · nominal
$34.4B2019
$35.0B2020
$38.7B2021
$41.1B2022
$44.0B2023
$46.1B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$294.6k±$4.2k
Median gross rent
$1.3k/mo±$26/mo
Vacancy rate
8.8%±0.7%
Affordability
3.8× wages
Residential permits
$160.1M
683 units · 2.1/1k pop
FEMA risk score
85.9
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 91Lightning 89Tornado 88
FHFA HOUSE PRICE INDEX · 2016–2025
4872016
5032017
5162018
5292019
5432020
5922021
6622022
7212023
7782024
8172025
RESIDENTIAL PERMITS · 2021–2025
↓ -23% since 20218892021
9732022
6202023
7412024
6832025
Transport access
BTS · FAA · USACE
Nearest interstate
13.5 km
I-87
Nearest freight rail
5.8 km
CSXT
Nearest port
16.6 km
Albany Port District, NY
Nearest commercial airport
21.7 km
ALBANY INTL
Waterborne tonnage, host port(s) (CY2023):4,852,447 short tons/yr · Albany Port District, NY
Filing activity
SEC EDGAR14 filings from 5 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$78.6k
avg. annual pay · +30% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Albany?
Albany's economy produced $46.1B in 2024, growing 4.7% year over year — about the middle of the pack among US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.