Impact of Tourism
Visitors to Albany County support 15,700 local jobs and generate $530,000,000 in labor income annually. Statewide, tourism is the fourth largest employer.
But tourism doesn't just create jobs. It offsets taxes. Last year, tourism generated $71,000,000 in local taxes, and $54,000,000 in state taxes. In fact, if it weren't for tourism, Albany residents would have paid an additional $1,015 in taxes.
Tourism is one of the few sectors of our economy that continues to grow. Last year, tourists spent $969 Million in Albany County, and $1.9 Billion in the Capital-Saratoga Region. That's a 2.3% increase over the previous year.
