Dougherty County · Georgia · South · 67k residents
Albany, GA: economy, jobs & business costs
The site-selection read on Albany: labor costs, talent, corporate tax, energy, and business activity, with the Georgia median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,092/wk. Georgia's corporate income tax rate is 5.19%. Commercial electricity averages 10.9¢/kWh.
Compare Albany side by side
Avg. weekly wage
$1,092/wk
Corporate income tax
5.19%
Bachelor's degree or higher
21.4%
Commercial electricity
10.9¢/kWh
Economic momentum
How fast Albany's economy is moving, ranked against the US cities we track.
15/100
Cooling
Ranks Albany's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $124,300 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.9% |
| 1-bedroom rent | $750/mo |
| 2-bedroom rent | $882/mo |
| State & local income tax | 3.94% |
| Sales tax | 7.4% |
| Corporate income tax | 5.19% |
| Avg. weekly wage | $1,092/wk |
| Bachelor's degree or higher | 21.4% |
| Commercial electricity | 10.9¢/kWh |
| Businesses per 1k residents | 31.6/1k |
| Wage: Software developer | $124,230 |
| Wage: Registered nurse | $80,390 |
| Wage: General manager | $85,380 |
| Wage: Customer service | $33,190 |
| Wage: Warehouse worker | $32,730 |
| Wage: Heavy truck driver | $57,050 |
| Wage: Electrician | $56,160 |
| Wage: Retail salesperson | $28,660 |
| Cost of living index | 76 |
| Groceries index | 98 |
| Utilities | $175/mo |
| Transit pass | $95/mo |
| Gas price | $3.10/gal |
| Healthcare index | 95 |
| Childcare (per child) | $950/mo |
| Median household income | $47,240 |
| Unemployment rate | 3.4% |
| Population | 67k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 34/100 |
| Disaster risk | 83/100 |
| Avg. commute | 28 min |
| Sunny days / year | 218 days |
| July high | 92°F |
| January low | 37°F |
| Annual snowfall | 0 in |
| Home price YoY | -1.9% |
| Home price MoM | +0.5% |
| Rent YoY | +3.5% |
| Rent MoM | -1.1% |
| Employment (jobs) YoY | -2.4% |
| Building permits YoY | -28.9% |
| Ocean coast | 136 mi |
| Big lake | 133 mi |
| Mountains | 164 mi |
| Major airport | 144 mi |
| Ski resort | 288 mi |
Popular comparisons
Nearby
- Americus, GA · 16k
- Tifton, GA · 17k
- Thomasville, GA · 19k
- Perry, GA · 23k
- Valdosta, GA · 55k
Similar size
- Alpharetta, GA · 67k
- Marietta, GA · 62k
- Stonecrest, GA · 61k
- Brookhaven, GA · 58k
- Mableton, GA · 78k
Real listings in Albany
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Albany a good place to run a business?
- Georgia's corporate income tax rate is 5.19%; average weekly wages in the surrounding labor market run $1,092/wk; commercial electricity averages 10.9¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Albany, GA?
- Albany indexes at 76 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $882/mo and a acs median home value of $124,300.
- How much does a house cost in Albany?
- The acs median home value in Albany is $124,300 (Census ACS estimate; individual listings vary).
- How much is rent in Albany?
- A two-bedroom in Albany rents for about $882/mo.