Albany-Schenectady-Troy, NY metro area

The Albany-Schenectady-Troy, NY metropolitan area spans 5 counties and had 913,485 residents in 2024. Its economy produced $91.9 billion that year.

New York5 countiesPart of Albany-Schenectady, NY

GDP, 2024$91.9B#52 of 387 · +5.1% nominal

Income per person, 2024$76,559#56 of 387

Unemployment, 20253.4%#70 of 387 · #1 = lowest

Price level, 2024 (US = 100)99.6#94 of 387 · #1 = most expensive

Fig. 1Income, people and outputSums of BEA county estimates for the metro area

Albany, NYUnited States

BEA county estimates (CAINC1, CAGDP1) summed over the 5 counties of the metro area; current dollars.

Industries, 2024

Share of the metro economy; blank where BEA suppresses a county figure.

Industry	Value added	Share	US share
Real estate	—	—	13.7%
Government	$15.8B	17.2%	11.1%
Manufacturing	$12.6B	13.7%	9.5%
Finance & insurance	$9.9B	10.8%	8.7%
Professional services	$6.8B	7.4%	8.0%
Health care	$6.4B	6.9%	7.5%
Wholesale trade	—	—	6.3%
Retail trade	$5.8B	6.3%	5.9%
Information	$3.1B	3.4%	5.7%
Construction	$3.5B	3.8%	4.3%
Transportation & warehousing	$2.1B	2.3%	3.3%
Accommodation & food	$2.2B	2.4%	3.1%
Administrative & waste services	—	—	3.0%
Other services	$1.7B	1.9%	2.0%
Management of companies	—	—	1.8%
Utilities	—	—	1.6%
Mining, oil & gas	$251M	0.3%	1.3%
Education	$1.8B	2.0%	1.1%
Arts & recreation	$542M	0.6%	1.0%
Agriculture	—	—	0.8%

Fig. 2Unemployment rate since 2015Monthly, not seasonally adjusted, percent

BLS Local Area Unemployment Statistics, metropolitan areas.

OMB delineation of July 2023 (Census Bureau, list 1).

County	State	Type	FIPS
Albany County	New York	Central	36001
Rensselaer County	New York	Central	36083
Saratoga County	New York	Outlying	36091
Schenectady County	New York	Central	36093
Schoharie County	New York	Outlying	36095