Income & Economy in Albany city, NY (12203)
Median Income
$80,055
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,299
Wealth inflow
Population
30,080
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 1,299 for ZIP 12203 (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 12203 (2020–Present)
Since 2020, population declined 2.5%, median income rose 4.7% (inflation-adjusted), home values increased 1.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $80,055 |
| Unemployment | 4.3% |
| Establishments | 892 |
| Employees | 18,450 |