Albany: Economy & Jobs
Earnings in Albany center on a median $78,114 (about the same as Linn County median $76,329; 1.1× below Oregon median $83,011), with homes at a median value of $389,200. The surrounding county supports 38,636 jobs (avg $67,162).
- $89,865 avg taxable income per return — higher than the median household income (at Oregon median).
Income & Affordability
Median household income $78,114 — below the Oregon median ($86,226). Poverty rate 13.5% (U.S. average ~12.5%).
| Affordability · Price To Income Ratio | 5.0× |
|---|---|
| Affordability · Rent To Income Pct | 21.1% |
| Affordability · Interpretation | expensive |
| Irs Income · IRS tax returns filed | $43,060 |
| Irs Income · Total Adjusted Gross Income (thousands) | $3,869,576 |
| Irs Income · Average AGI per return | $89,865 (at Oregon median) |
| Irs Income · Year | 2022 |
| Income Estimate | $84,106 |
| Median Household Income | $78,114 (vs Oregon $86,226) |
| Poverty Rate | 13.5% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | mixed |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | upper-middle |
| Economic Character · Median Income | $78,114 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.6% — below the U.S. average of ~4%. 14% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 21.00 |
|---|---|
| Commuter Profile · Work From Home Pct | 14.2% |
| Commuter Profile · Profile | short commute |
| Employment · Avg annual employment (county) | 38,636 |
| Employment · Total annual wages (county) | $2,594,896,712 |
| Employment · Average annual pay | $67,162 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 1,943,180 |
| Unemployment Rate | 3.6% (vs Oregon 3.5%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 162 |
|---|---|
| Agriculture · Land In Farms Acres | 17,307 |
| Agriculture · Avg Farm Size Acres | 106.80 |
| Agriculture · Top Commodities | Crop Totals, Fruit & Tree Nut Totals, Field Crops, Other, Animal Totals, Cut Christmas Trees |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 2,202 |
| Business Patterns · Total Employees | 26,893 |
| Business Patterns · Annual Payroll Thousands | 1,474,911 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 15 |
|---|---|
| Local Businesses · Convenience Stores | 16 |
| Local Businesses · Liquor Stores | 4 |
| Local Businesses · Gas Stations | 7 |
| Local Businesses · General Merchandise | 6 |
| Local Businesses · Clothing Stores | 5 |
| Local Businesses · Pet Stores | 7 |
| Local Businesses · Bookstores | 3 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 79 |
|---|---|
| Dining Scene · Fast Food | 77 |
| Dining Scene · Bars | 12 |
| Dining Scene · Coffee Snacks | 29 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (10)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | Walgreens 06530 |
|---|---|
| Nearest Snap · Total In Area | 53 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | ALBANY AREA CHAMBER OF COMMERCE |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $1,005,744,280 |
|---|---|
| Federal Spending · Per Capita | 10,566.32 (vs Oregon $9,255) |
| Federal Spending · Population | 95,184 people (vs Oregon 56,011) |
Sources: USAspending API
Other
| Job Training · Total count | 2 |
|---|---|
| Pct Drove Alone | 72.3% |
| Pct Public Transit | 2.4% |
| Pct Walked | 14.2% |
| Retirement Score · Median age | 37.7 years (vs Oregon 38.8y) |
| Retirement Score · Ss Household Pct | 32.1% |
| Retirement Score · Hospitals Nearby | 1 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | strong SS base, hospital access, VA nearby |
| Retirement Score · Rating | good |
Sources: IRS BMF keyword search · Census ACS 5-Year 2023 · Refreshed 2026-04-12