Small Business in Albany

The city's median age is 38, and the average household size is 2.50, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $135,927, reflecting the community’s purchasing power and potential demand for various services. Albany supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 4712 operating businesses.

Industries overview
Number of companies by home service industry in Albany
New websites
384
+6.37%
in 2024 compared to 2023
Total websites
3,455
+12.65% (+384)
increase from 2023 to 2024