Moving to Albany-Schenectady-Troy
What you need to know before relocating to Albany-Schenectady-Troy, New York. Data-driven insights on housing, jobs, safety, and quality of life.
Is Albany-Schenectady-Troy a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Albany-Schenectady-Troy compares favorably on multiple dimensions. Highlights include median household income ($82,410) exceeds the national median; low unemployment rate (3.1%) signals a strong job market; low uninsured rate (5.4%) and good healthcare access.
Albany-Schenectady-Troy at a Glance
Cost of Living in Albany-Schenectady-Troy
The median rent in Albany-Schenectady-Troy is $1,293/month, while the median home value is $284,000. With a median household income of $82,410, residents spend roughly 19% of monthly income on rent.
Overall, the Albany-Schenectady-Troy metro area is classified as average compared to other US metros.
Job Market
Albany-Schenectady-Troy has a median household income of $82,410, which is 10% above the national median. The local unemployment rate is 3.1%, compared to the national average of 3.7%.
Safety in Albany-Schenectady-Troy
The violent crime rate in Albany-Schenectady-Troy is 390 per 100,000 residents, which is 3% above the national average of 380.
Property crime rate: 1799 per 100,000 residents.
Education in New York
New York has a high school graduation rate of 88% and per-pupil spending of $33,437/year. The student-to-teacher ratio is 11:1.
41% of New York adults hold a bachelor's degree or higher.
Healthcare Access
New York has 389 physicians per 100,000 residents, a 5.4% uninsured rate, and 3.0 hospital beds per 1,000 people. Life expectancy in New York is 79.0 years.
Pros and Cons of Living in Albany-Schenectady-Troy
+Pros
- ✓Median household income ($82,410) exceeds the national median
- ✓Low unemployment rate (3.1%) signals a strong job market
- ✓Low uninsured rate (5.4%) and good healthcare access
-Cons
- ✗Longer-than-average commute (389903 min)
Frequently Asked Questions
Is Albany-Schenectady-Troy a good place to live?⌄
Albany-Schenectady-Troy, New York has several attributes that make it an attractive place to live, including median household income ($82,410) exceeds the national median and low unemployment rate (3.1%) signals a strong job market. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Albany-Schenectady-Troy?⌄
The median rent in Albany-Schenectady-Troy is $1,293/month and the median home value is $284,000. The median household income is $82,410. Overall the metro is considered average.
Is Albany-Schenectady-Troy safe?⌄
Albany-Schenectady-Troy has a violent crime rate of 390 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Albany-Schenectady-Troy?⌄
Albany-Schenectady-Troy has an unemployment rate of 3.1%, compared to the national average of 3.7%. The median household income is $82,410.