Income & Economy in Albany city, NY (12206)
Median Income
$38,931
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+630
Wealth inflow
Population
14,592
Unemployment
13.8%
10.1pp above US avg
IRS migration statistics show a net inflow of about 630 for ZIP 12206 (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 12206 (2020–Present)
Since 2020, population declined 6.1%, median income fell 8.5% (inflation-adjusted), home values increased 4.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $38,931 |
| Unemployment | 13.8% |
| Establishments | 509 |
| Employees | 8,259 |