Are you mulling over moving to Albany, New York?
Nestled in the heart of Tech Valley and a college town, Albany, NY is now one of the best places to live in America.
Albany is a city of millennials and it's constantly attracting people from across America and beyond for various reasons.
If you’re considering moving to Albany and wondering if the city is right for you, this guide contains all you need to know to make the right decision.
Let’s find out if moving to Albany is right for you.
Albany New York is a good place to live. Albany, located in upstate New York, is regarded as one of the best places to live in the state and has a vibrant urban downtown. The city of Albany, which is one of the oldest in North America and has a population of slightly over 100,000 people, is known for its rich history.
Albany isn’t an expensive place to live in. Living expenses in Albany, New York, are 30% less than the state average and 9% more than those nationwide. Housing costs in Albany, New York are 11% higher than the national average, but utility costs are 1% lower.
The state's capital won the top spot in the annual U.S. News list of the best places to live in New York, which takes into account a number of elements such as good value, desirability, employment market, and quality of life. And this thriving metropolis, which is situated roughly 150 miles from New York City, absolutely checks all the requirements.
According to U.S. News, compared to the national average, Albany offers greater home value, a healthier job market, a lower unemployment rate, and a lower crime rate. Additionally, Albany is listed as the 56th greatest place to retire in the United States and as the 45th best place to live.
Anything above $49,000 qualifies as a decent wage in Albany, New York. This is so because the median income of Albany is $49,000, which means that anyone making more than that is making more money than half the population of Albany. $55,032 is the average yearly wage in Albany.
Without rent, the projected monthly expenses for a family of four are $3,266. Without rent, the projected monthly expenses for a single individual are $912. Compared to New York, Albany is 32.45% less expensive (without rent). The average rent in Albany is 67.39% less than the average rent in New York.
Over 800,000 people reside in Albany, New York, a city with a vibrant downtown, a great location, and a booming job market. It is ranked #50 in terms of greatest locations to retire and #28 in terms of best places to live by US News! Anyone who chooses to name the capital of New York their home will find it to be a city full of history and opportunities.
Albany’s population is 99,498 people. The capital city stretches across 22 square miles making it the 6th largest city in New York. Albany is nestled in Albany County, NY.
Albany’s average one-way commute time takes 18.6 minutes. That’s lower than the U.S. average of 26.4 minutes. You’ll spend less than 30 minutes commuting to work if you move to Albany. Less time on the road means less stress and having more time for other things.
Here’s how people in Albany NY get to work:
Albany averages 182 sunny days per year. The United States average is 205 sunny days. If the weather is one of the key things you’d like to consider before moving to Albany, the following is a quick snapshot of the Motor City’s weather:
People are moving to Albany for many reasons. As the capital city of New York, Albany is constantly attracting people from all over the state and beyond.
Since you’re considering moving to Albany, the following are the key reasons people are moving to the city:
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If you’d like to find out if moving to Albany is right for you or not, we’ve made a list of the pros and cons of living in the city.
This can make it easier for you to figure out if moving to Albany is right for you or not.
| Pros of living in Albany | Cons of living in Albany |
|---|---|
| Low earthquake risk | High property tax |
| Low volcanic hazard risk | Too close to an airport |
| Low wildfire risk | High poverty rate |
| High Math proficiency at High schools | Low Math proficiency at Elementary schools |
| Low number of windy days | High risk of severe storms |
| Government spending is high | Substance abuse rate on the higher side |
| Fast internet | Less comfortable humidity |
| Race diversity | Low Math proficiency at Middle schools |
| Religion diversity | Low house ownership rate |
| More people with STEM degrees | |
| Low hurricane risk |
Albany is home to several beautiful livable neighborhoods. Moving to Albany gives you the perfect chance to live in any of these neighborhoods.
If you’re moving to Albany and wondering what neighborhood the best for you is, the following is a list of the ten best neighborhoods in Albany:
Affordable living in a big city is one of the key perks of moving to Albany, New York. The cost of living in Albany is 94.6. The United States average is 100.
Albany’s average cost of living is below the national average. The following are the key factors that make up the city’s cost of living:
| Living Expense | Albany | New York | National Average |
|---|---|---|---|
| Overall | 96.5 | 121.5 | 100 |
| Groceries | 100.9 | 103.8 | 100 |
| Health | 116.8 | 120.7 | 100 |
| Housing | 81.9 | 127.9 | 100 |
| Median Home Cost | $238,800 | $373,000 | $291,700 |
| Utilities | 110 | 115.9 | 100 |
| Transportation | 87.6 | 140.7 | 100 |
| Miscellaneous | 155.7 | 121.8 | 100 |
Albany’s rental market is known for its affordable homes. If you’re considering renting a home or an apartment after moving to Albany, look at the average rental prices below:
If you’re interested in buying a home after moving to Albany, we have the key information you need to know about the city’s housing market. This will make it easier for you to make up your mind about buying a home or not if you’re moving to Albany, New York:
How fast can you get a job if you need one in Albany, NY? The COVID-19 pandemic has affected several job markets across the United States and Albany wasn’t left out. Since you’re considering moving to Albany, here’s a breakdown of the city’s job market:
The table below shows a simple breakdown of the city’s job market:
| Employment Information | Albany, New York | United States |
|---|---|---|
| The income per Cap | $27,632 | $31,177 |
| Household Income | $43,790 | $57,652 |
| Unemployment Rate | 7.1 | 6 |
| Recent Job Growth | -3.56 | -6.18% |
| Future Job Growth | 24.77% | 33.51% |
Like several other large cities, Albany’s economy is powered by several industries. The best part is that whether you work in a small or large industry, you’ll most likely find a suitable spot for your job in Albany. The following is a list of the city’s largest industries since you’re considering moving to Albany, NY:
Tip: When you’ve got a home to move in Albany, NY, getting the best moving quote will be your goal. Request moving company quotes to save on moving cost.
You’ll find lots of jobs to choose from if you’re moving to Albany. Which ones should you opt for? You may be interested in some of the city’s highest-paying jobs. The following is the list of the highest-paying jobs in Albany.
| Rank | Job Title | Average Salary | Entry Level Salary |
|---|---|---|---|
| 1 | Psychiatrist | $234,874 | $144,000 |
| 2 | Internal Medicine Physician | $227,251 | $129,000 |
| 3 | Urologist | $219,641 | $90,000 |
| 4 | General Internist | $212,198 | $122,000 |
| 5 | Internist | $199,306 | $109,000 |
| 6 | Staff Physician | $193,566 | $113,000 |
| 7 | Vice President | $188,585 | $104,000 |
| 8 | Hematologist | $179,513 | $89,000 |
| 9 | Public Health Physician | $176,307 | $84,000 |
| 10 | Resident Physician in Radiology | $174,597 | $84,000 |
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START MY QUOTEMoving to Albany NY could mean getting a new job. But how many bucks can you earn in the city? Will you be earning more money or less compared to where you are right now? Let’s find out:
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START MY QUOTEIs Albany a safe city for you and your loved ones? Like several other large cities in the United States, Albany has its fair share of crime problems. The following are key stats about the city’s crime rates since you’re considering moving to Albany, NY:
| Statistic | Count Raw | Albany/ 100k People | New York/ 100k People | National/ 100k People |
|---|---|---|---|---|
| Total Crimes Per 100K | 3,519 | 3,653.5 | 1,774.5 | 2,346.0 |
| Violent Crime | 869 | 902.2 | 363.8 | 387.8 |
| Murder | 16 | 16.6 | 4.2 | 6.5 |
| Robbery | 161 | 167.2 | 90.6 | 73.9 |
| Aggravated Assault | 631 | 655.1 | 240.7 | 279.7 |
| Property Crime | 2,650 | 2,751.3 | 1,410.7 | 1,958.2 |
| Burglary | 422 | 438.1 | 165.5 | 314.2 |
| Larceny | 1,945 | 2,019.4 | 1,143.6 | 1,398.0 |
| Car Theft | 283 | 293.8 | 101.7 | 246.0 |
If you’re moving to Albany from out of state, you may have to get familiar with New York’s taxes.
The following are the key components that make up the state’s taxes. This will give you an idea of what to expect if you’re moving to Albany, New York:
There are lots of exciting things you can do in Albany. The city is home to several attractions, and you’ll find lots of amazing things to do in Albany.
If you’re moving to Albany, we’ve made a list of the various things you can do and places to visit and explore. Look at the list:
Tip: While moving the home, safety of your belongings is the priority and you need a trustworthy mover at your side. Know the top-rated moving companies in Albany, NY.
Albany New York is home to several top-quality schools. If you’re moving to Albany, you’ll have easier access to several excellent schools from universities and colleges to elementary, middle, and high schools.
The following is a list of the best schools in the city if you’re moving to Albany, NY:
Kipp Tech Valley Charter School
Charter, K-2, 5-8 | 604 students, Rating: 7/10
Shaker Road Elementary School
Public, K-4 | 341 students, Rating: 7/10
Veeder Elementary School
Public, K-4 | 432 students, Rating: 7/10
Saddlewood Elementary School
Public, PK-4 | 396 students, Rating: 7/10
Montessori Magnet School
Public, PK-5 & Ungraded | 317 students, Rating: 7/10
Kipp Tech Valley Charter School
Charter, K-2, 5-8 | 604 students, Rating: 7/10
William S Hackett Middle School
Public, 6-8 | 690 students, Rating: 7/10
Sand Creek Middle School
Public, 5-9 & Ungraded | 796 students, Rating: 7/10
Lisha Kill Middle School
Public, 5-8 | 607 students, Rating: 7/10
Albany Community Charter School
Charter, K-8 | 647 students, Rating: 7/10
Colonie Central High School
Public, 9-12 & Ungraded | 1,510 students, Rating: 7/10
Albany High School
Public, 9-12 & Ungraded | 2,553 students, Rating: 7/10
Albany Leadership Charter High School for Girls
Charter, 9-12 | 354 students, Rating: 7/10
Green Tech High Charter School
Charter, 9-12 | 338 students, Rating: 7/10
Bryant & Stratton College
Russell Sage College- Albany
Union College
Siena College
The College of Saint Rose
Mildred Elley – Albany
College Of Nanoscale Science & Engineering
Bryant & Stratton College
Empire State College-State University of New York
University At Albany – SUNY
Rensselaer Polytechnic Institute
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