Income & Economy in Albany city, GA (31701)
Median Income
$32,902
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+721
Wealth inflow
Population
16,333
Unemployment
16.4%
12.7pp above US avg
IRS migration statistics show a net inflow of about 721 for ZIP 31701 (Albany city, GA) 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 31701 (2020–Present)
Since 2020, population declined 13.5%, median income fell 3.5% (inflation-adjusted), home values decreased 4.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $32,902 |
| Unemployment | 16.4% |
| Establishments | 617 |
| Employees | 10,451 |