- A good salary in Albany, NY is anything over $49,000.
- That’s because the median income in Albany is $49,000, which means if you earn more than that you’re earning more than 50% of the people living in Albany.
- The average salary in Albany is $55,032.
- A good hourly wage in Albany is $23.56 per hour.
Moreover, Is Albany a good place to live? U.S. News reported Albany has a better value for housing costs, a healthier job market, a lower unemployment rate, and a lower crime rate than the national average. Albany is also ranked 45th best place to live in the United States and 56th best place to retire.
What is minimum wage in Albany NY?
The statewide $15 minimum wage was enacted as part of the 2016-17 State Budget.
Likewise, Is Albany NY expensive? Albany, New York’s cost of living is 8% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
Is Albany cheaper than NYC? The cost of living in Albany, NY is -36.8% lower than in New York, NY. You would have to earn a salary of $37,893 to maintain your current standard of living. Employers in Albany, NY typically pay -15.9% less than employers in New York, NY.
How much do you need to live comfortably in Albany NY?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $29,985 | $54,358 |
| Annual taxes | $7,459 | $13,522 |
| Required annual income before taxes | $37,444 | $67,880 |
Is it expensive to live in Albany NY?
Albany, New York’s cost of living is 8% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
How safe is Albany?
Except for minor issues, Albany is considered a safe enough city to live and travel to. What is this? The crime index is low here. The main problems are related to theft, assaults, and robberies.
Is Albany NY A good place to live?
U.S. News reported Albany has a better value for housing costs, a healthier job market, a lower unemployment rate, and a lower crime rate than the national average. Albany is also ranked 45th best place to live in the United States and 56th best place to retire.
Where is the best place to live in Albany NY?
Here are the 25 best places to live in the Capital Region.
- Melrose. …
- Altamont. Located in Albany County. …
- Park South. Neighborhood in Albany. …
- Helderberg. Neighborhood in Albany. …
- Westmere. Located in Albany County. …
- Menands. Located in Albany County. …
- Center Square. Neighborhood in Albany. …
- Country Knolls. Located in Saratoga County.
How much do you need to make to live comfortably in Albany NY?
Typical Expenses
| 1 ADULT | ||
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $29,985 | $77,987 |
| Annual taxes | $7,459 | $19,839 |
| Required annual income before taxes | $37,444 | $97,826 |
Is Albany NY a safe city?
Except for minor issues, Albany is considered a safe enough city to live and travel to. What is this? The crime index is low here. The main problems are related to theft, assaults, and robberies.
What is the nicest neighborhood in Albany NY?
The neighborhood of Park South is considered one of the best neighborhoods in Albany due to its top-rated amenities and variety of entertainment options. Considered the number one best neighborhood to raise a family in Albany, most residents have children or plan to start a family of their own.
What is the safest neighborhood in Albany?
Good to Go! Albany’s Ten Safest Neighborhoods Heading into 2022
- Central Avenue. …
- Mansion Area. …
- Krank Park – Cherry Hill. …
- Bishop’s Gate. …
- Park South. …
- West Hill. …
- South End. …
- Second Avenue. Based on the source we used, no neighborhood is considered more dangerous than Second Avenue.
