HomeNew YorkAlbany CountyAlbany city
Albany city, New York: commercial real estate data.
Albany city is a Census city of 100,492 people across 21.40 square miles of land, in Albany County. Median household income is $61,986, 38.2 percent of occupied homes are owned, and the SBA record carries 162 7(a) approvals to borrowers here worth $91.2 m.
82 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Albany
What Albany is
- Census place typecity
- Land area21.4 sq mi
- Water area0.53 sq mi
- Population per square mile of land4,695
- County holding the largest share of its areaAlbany County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
How many people live in Albany
- Population100,492
- Median age32.0
- Population under 1814,002
- Share under 1813.9 percent
- Population 65 and over14,064
- Share 65 and over14.0 percent
- Households44,357
- Family households17,337
- Share of households that are families39.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
Income and work in Albany
- Median household income$61,986
- Per capita income$37,843
- Civilian labor force55,900
- Employed51,560
- Unemployed4,340
- Unemployment rate7.8 percent
- Adults 25 and over63,874
- Adults 25 and over with a high school diploma or higher91.3 percent
- Adults 25 and over with a bachelor degree or higher45.3 percent
- Adults 25 and over with a graduate degree21.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
Housing in Albany
- Housing units50,408
- Occupied units44,357
- Vacant units6,051
- Vacancy rate12.0 percent
- Owner occupied16,944
- Renter occupied27,413
- Ownership rate38.2 percent
- Median owner-occupied home value$234,700
- Median gross rent, monthly$1,216
- Annual rent as a share of median income23.5 percent
- Single family units16,738
- Share single family33.2 percent
- Units in buildings of two or more33,601
- Share in buildings of two or more66.7 percent
- Mobile homes69 plus or minus 45
- Median year structure built1949
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
How Albany gets to work
- Workers 16 and over who commute43,396
- Commuting under 15 minutes15,803
- Share commuting under 15 minutes36.4 percent
- Commuting 30 minutes or more9,232
- Share commuting 30 minutes or more21.3 percent
- Drove alone55.2 percent
- Carpooled10.4 percent
- Public transport10.2 percent
- Walked8.5 percent
- Worked from home13.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
SBA loans in Albany (7(a))
- Approvals162
- Gross approval$91,208,700
- Average approval$563,017
- Median approval$150,000
- Ninetieth percentile approval$1,500,000
- Largest approval$5,000,000
- Jobs supported1,613
- Jobs per approval10.0
- Loans with a final outcome26
- Paid in full24
- Charged off2
- Charge-off rate over resolved loans7.7 percent
- Median term120 months
- Share on real estate terms of 20 years or more9.9 percent
- Share to franchises9.9 percent
- Distinct lenders39
- Distinct industries by NAICS82
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Albany
SBA loans in Albany (504)
- Approvals45
- Gross approval$29,670,000
- Average approval$659,333
- Median approval$364,000
- Largest approval$3,440,000
- Jobs supported249
- Loans with a final outcome17
- Charged off1
- Charge-off rate over resolved loans5.9 percent
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Albany
Flood risk in Albany
- Listed NFIP communities1
- Of those, participating1
- NFIP community number360001
- Currently effective map date03/16/15
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Albany County, not Albany
Albany County context, not Albany figures
These are Albany County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Albany measurements.
- Establishments in Albany County9,465
- Employment at those establishments, Albany County180,421
- Covered employment, Albany County233,390
- Average annual pay, Albany County$82,387
- Average weekly wage, Albany County$1,584
- Housing units permitted, Albany County741
- Of those, single family, Albany County190
- County product, 2024, Albany County$46,129,110,000
- County product change over the prior year, Albany County4.7 percent
- Average income of an arriving household, Albany County$139,255
Every figure in this section is published for Albany County as a whole and is not a measurement of Albany. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Albany questions, answered from the record.
How many people live in Albany, New York?
100,492, in 44,357 households. Albany city covers 21.40 square miles of land, which is 4,695 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Albany in?
Albany County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Albany?
$61,986. The median owner-occupied home is valued at $234,700. Median gross rent is $1,216 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Albany businesses?
162 7(a) approvals totalling $91.2 m, across 39 lenders, median approval $150,000, plus 45 504 approvals worth $29.7 m. These count approvals to borrowers whose address is in Albany, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Albany borrowers get paid back?
Of the 26 loans that have reached a final outcome, 24 were paid in full and 2 charged off, a charge off rate of 7.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Albany in the National Flood Insurance Program?
Yes. Albany appears in the FEMA Community Status Book as community 360001, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Albany figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Albany County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Albany.
Is zoning published for Albany?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.