Albany, GA Metro Area Economy
Metropolitan Statistical Area (CBSA 10500)
Albany metro economy at a glance
The Albany, GA metropolitan statistical area comprises 0 Georgia counties.
Unemployment rate: metro vs. Georgia vs. U.S.
Member counties
| County | Unemp. rate | Population | Median HH income | Median home value | Private jobs |
|---|
What is a metropolitan statistical area?
A metropolitan statistical area (MSA) is a region defined by the federal Office of Management and Budget around a core urban area of at least 50,000 people, plus the surrounding counties that have strong commuting ties to it. Because MSAs are built from whole counties and reflect where people live and work, they are the standard geography for comparing regional labor markets, housing costs and wages across the country.
econHQ calculates the metro unemployment rate by adding up employment and labor force across the metro’s Georgia counties and dividing — the same building-block approach BLS uses for its own area estimates. BLS also publishes its own official metro-area estimates, which may differ slightly because of rounding and seasonal adjustment.