Albany County, NY
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 42.59, -73.97.
Assembled 2026-10-19. Read the brief.
- 83rd pct · 521st of 3,063 US counties · median $230,451
- 73rd pct · 17th of 62 New York counties · median $254,056
- 75th pct · 2nd of 5 counties in the Albany-Schenectady-Troy metro · median $327,950
- 64th pct · 1,079th of 3,062 US counties · median +2.9%
- 18th pct · 51st of 62 New York counties · median +5.6%
- 0th pct · 5th of 5 counties in the Albany-Schenectady-Troy metro · median +5.5%
- 65th pct · 475th of 1,358 US counties · median $1,506
- 58th pct · 21st of 49 New York counties · median $1,521
- counties in the Albany-Schenectady-Troy metro: only 4 of counties in the Albany-Schenectady-Troy metro published this metric; fewer than 5 is too few to rank
- 95th pct · 144th of 3,221 US counties · median 8,232
- 83rd pct · 11th of 62 New York counties · median 32,139
- 100th pct · 1st of 5 counties in the Albany-Schenectady-Troy metro · median 60,786
- 96th pct · 126th of 3,221 US counties · median $1,039
- 95th pct · 4th of 62 New York counties · median $1,250
- 100th pct · 1st of 5 counties in the Albany-Schenectady-Troy metro · median $1,532
- 50th pct · 1,525th of 3,063 US counties · median 4.2
- 55th pct · 28th of 62 New York counties · median 4.1
- 50th pct · 3rd of 5 counties in the Albany-Schenectady-Troy metro · median 4.2
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $372,401 (Sep 2026), +4.1% over one year, +31.7% over five
- 83rd pct · 521st of 3,063 US counties · median $230,451
- 73rd pct · 17th of 62 New York counties · median $254,056
- 75th pct · 2nd of 5 counties in the Albany-Schenectady-Troy metro · median $327,950
| Item | Value | Distance |
|---|---|---|
| Albany County, NY | $372,401 · +4.1% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,697/mo (Sep 2026), +4.7% over one year; price-to-rent 18.3
- 65th pct · 475th of 1,358 US counties · median $1,506
- 58th pct · 21st of 49 New York counties · median $1,521
- counties in the Albany-Schenectady-Troy metro: only 4 of counties in the Albany-Schenectady-Troy metro published this metric; fewer than 5 is too few to rank
| Item | Value | Distance |
|---|---|---|
| Albany County, NY | $1,697/mo · +4.7% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $2,063 a month on $372,401 at 7.40%, against an average weekly wage worth $7,328 a month: 28.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $372,401 × 80% = $297,920, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,063/mo principal and interest
- wage share = payment / (avg weekly wage $1,691 × 52 / 12 = $7,328) = 28% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $372,401 / ($1,691 × 52) = 4.2
- price-to-rent = $372,401 / ($1,697 × 12) = 18.3
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
233,863 jobs at 11,450 employers (2026 Q1); -0.5% jobs and +5.6% average weekly wage over the year
- 95th pct · 144th of 3,221 US counties · median 8,232
- 83rd pct · 11th of 62 New York counties · median 32,139
- 100th pct · 1st of 5 counties in the Albany-Schenectady-Troy metro · median 60,786
| Item | Value | Distance |
|---|---|---|
| Albany County, NY | 233,863 jobs · $1,691/wk · -0.5% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 34,887 | $1,395 | 0.99 | -0.1% |
| Retail trade | 19,963 | $838 | 0.88 | -1.6% |
| Professional and technical services | 16,900 | $2,082 | 1.05 | -1.1% |
| Accommodation and food services | 12,277 | $606 | 0.58 | -4.5% |
| Administrative and waste services | 12,081 | $1,052 | 0.91 | -2.2% |
| Finance and insurance | 9,415 | $3,442 | 0.99 | +0.2% |
| Other services | 8,331 | $1,051 | 1.19 | -4.6% |
| Transportation and warehousing | 7,908 | $1,119 | 0.80 | +2.6% |
| Manufacturing | 7,873 | $2,143 | 0.42 | -7.1% |
| Construction | 7,663 | $1,960 | 0.63 | -6.2% |
| Educational services | 7,583 | $1,613 | 1.51 | -8.4% |
| Wholesale trade | 6,524 | $2,170 | 0.73 | -3.0% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
No drought class at this point (USDM covers the United States only)
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$17.6 bn in deposits at 102 offices of 17 banks (SOD June 2026); HHI 2,293, highly concentrated. $10.4 bn federal obligations in FY2026 (grants $6.1 bn, direct payments $4.1 bn), $44,277 per covered job
| Item | Value | Distance |
|---|---|---|
| KeyBank National Association | $7.7 bn · 43.5% share · 15 offices | |
| Manufacturers and Traders Trust Company | $2.2 bn · 12.6% share · 6 offices | |
| Citizens Bank, National Association | $1.4 bn · 7.9% share · 9 offices | |
| Albany, NY | $10.4 bn FY2026 · $44,277/job | |
| NEW YORK STATE EDUCATION DEPARTMENT | $3.1 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| KeyBank National Association | $7,680,707,000 | 43.5% | 15 |
| Manufacturers and Traders Trust Company | $2,215,477,000 | 12.6% | 6 |
| Citizens Bank, National Association | $1,400,642,000 | 7.9% | 9 |
| Bank of America, National Association | $1,371,092,000 | 7.8% | 6 |
| TrustCo Bank | $1,270,068,000 | 7.2% | 18 |
| Pioneer Bank, National Association | $1,022,508,000 | 5.8% | 9 |
| TD Bank, National Association | $564,866,000 | 3.2% | 3 |
| NBT Bank, National Association | $408,849,000 | 2.3% | 4 |
| Beacon Bank and Trust | $350,423,000 | 2.0% | 4 |
| Chemung Canal Trust Company | $343,538,000 | 1.9% | 4 |
Deposit concentration is 2,293 across 16 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 16 banks with deposits in the county = 43.5² + 12.6² + 7.9² + … (13 more) = 2,293
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Department of Education | $3,514,165,304 |
| Department of Homeland Security | $2,521,962,978 |
| Social Security Administration | $1,564,615,368 |
| Department of Health and Human Services | $1,359,132,505 |
| Department of Housing and Urban Development | $967,071,478 |
| Department of Veterans Affairs | $131,350,666 |
| Department of Transportation | $114,512,444 |
| Department of Defense | $77,319,385 |
| Department of Justice | $21,984,641 |
| Railroad Retirement Board | $20,806,081 |
| Department of Labor | $14,813,246 |
| Department of Commerce | $13,347,106 |
That is $44,277 per covered job, against 233,863 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $10.4 bn / 233,863 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $44,277
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 17.95 | 2026-10-18 | -2.6% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.20 | 2026-10-19 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 7.00 | 2026-10-13 | +133.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 7,848.00 | 2026-09-01 | +14.9% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 101.91 | 2026-10-14 | +1.0% |
| 30-year fixed mortgage rate · % | 7.40 | 2026-10-15 | +0.0% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 652,115.00 | 2026-09-01 | +0.7% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Albany County, NY: 13 findings, 2 at a watch level and 11 noted
watchAlbany County, NY's covered employment is -0.5% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -0.5 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchAlbany County, NY's typical home value of +4.1% scores 65 on the 0-to-100 scale across US counties but 18 across New York counties, a gap of 47 points.
Period 2026-09.Show the arithmetic
- 47 = |65 across US counties - 18 across New York counties|
position among the entities that published this metric this period; not an official level
noteAlbany County, NY's average weekly wage was 5.6% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +5.6 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteAlbany County, NY's covered employment was 0.5% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -0.5 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteAlbany County, NY's typical home value of +4.1% ranks 5th of 5 counties in the Albany-Schenectady-Troy metro, against a median of +5.5%.
Period 2026-09.Show the arithmetic
- 0 on the 0-to-100 scale across 5 counties in the Albany-Schenectady-Troy metro that published home.yoyPct
position among the entities that published this metric this period; not an official level
Read all 12 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.