Read on to learn more about the 10 Things to Know BEFORE Moving to Albany, New York!
- High cost of living. …
- There is a hot real estate market. …
- The economy is healthy. …
- Albany is one big college town. …
- Hockey is the sport of choice. …
- The weather can get cold. …
- Live music is everywhere. …
- Discover a new brewery.
Moreover, 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 |
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.
Likewise, Is crime high in Albany NY? Averaged over the past five years, the city of Albany recorded 3,855 index crime reports per year, 9% more per capita than the city of Schenectady and 78% more than New York City.
Is Albany NY Safe? 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 a good salary upstate New York?
Upstate Salary in New York
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $137,714 | $66 |
| 75th Percentile | $95,088 | $46 |
| Average | $74,201 | $36 |
| 25th Percentile | $42,626 | $20 |
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.
What is a good salary in Albany NY?
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.
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 |
What is the racial makeup of Albany NY?
Table
| Population | |
|---|---|
| White alone, percent | 53.8% |
| Black or African American alone, percent(a) | 29.0% |
| American Indian and Alaska Native alone, percent(a) | 0.2% |
| Asian alone, percent(a) | 6.9% |
What is a livable wage in upstate NY?
The living wage rate is adjusted annually, based upon the Consumer Price Index published by the Bureau of Labor Statistics of the United States Department of Labor. As of April 1, 2021, the following living wage rate and health benefit supplement apply: Living Wage Rate: $15.00.
Is Albany NY affordable?
The capital of New York State, Albany is a place many people flock to when they wish to head away from the hustle and bustle of NYC. Not only is the capital much more affordable than the other more typical and popular cities, it also has great architecture and history sites to check out if you’re bored one evening.
