Income & Economy in Albany city, NY (12202)
Median Income
$49,684
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+410
Wealth inflow
Population
9,500
Unemployment
13.6%
9.9pp above US avg
IRS migration statistics show a net inflow of about 410 for ZIP 12202 (Albany city, NY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 12202 (2020–Present)
Since 2020, population grew 22.5%, median income rose 25.8% (inflation-adjusted), home values decreased 6.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $49,684 |
| Unemployment | 13.6% |
| Establishments | 160 |
| Employees | 2,702 |