Albany, NY
Real Estate & Demographic Data

Albany profile

Living in Albany

Albany is a larger medium-sized city located in the state of New York. With a population of 99,224 people and 40 constituent neighborhoods, Albany is the tenth largest community in New York. Much of the housing stock in Albany was built prior to World War II, making it one of the older and more historic cities in the country.

Albany is a decidedly white-collar city, with fully 89.46% of the workforce employed in white-collar jobs, well above the national average. Overall, Albany is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Albany who work in office and administrative support (13.04%), sales jobs (9.89%), and management occupations (9.01%).

Also of interest is that Albany has more people living here who work in computers and math than 95% of the places in the US.

Combining city textures and college town sensibilities, Albany really has a nice blend of characteristics. While not a huge city, Albany is big enough to offer a healthy dose of diversion, opportunity, and amenity to its residents and to the thousands of college students who descend on it every fall. Its size and diversity makes Albany more than just a college town, but removing the students from the equation would undeniably change Albany’s character and quality of life.

Not only is Albany a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a very large population of people who are young, single, educated, and upwardly-mobile. That’s because Albany is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Albany a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.

Albany has a lot of people who ride the bus to and from work. In fact, for its size, Albany has quite a high level of public transit users. Albany’s need for inexpensive transportation options for its citizens is quite high.

The citizens of Albany are among the most well-educated in the nation: 42.54% of adults in Albany have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.

The per capita income in Albany in 2018 was $29,664, which is lower middle income relative to New York, and middle income relative to the rest of the US. This equates to an annual income of $118,656 for a family of four. However, Albany contains both very wealthy and poor people as well.

Albany is an extremely ethnically-diverse city. The people who call Albany home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Albany residents report their race to be White, followed by Black or African-American. Albany also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.14% of the city’s residents. Important ancestries of people in Albany include Irish, Italian, German, English, and Polish.

Foreign born people are also an important part of Albany's cultural character, accounting for 15.47% of the city’s population.

The most common language spoken in Albany is English. Other important languages spoken here include Spanish and Other Asian languages.