Impact of Tourism on Albany County
Did you know Albany County welcomes more than 4,000 visitors each day?
According to a report released by Tourism Economics, visitors to Albany County support 15,400 local jobs and generate $518 million in labor income annually.
Statewide, tourism is the fourth largest employer.
But tourism doesn’t just create local jobs, it offsets taxes. Last year, tourism generated $71 million dollars in local taxes and $54 million in state taxes.
In fact, were it not for tourism, taxpayers would have had to fork over an additional $1006.
Tourism is also one of the few sectors of our economy that continues to grow each year. Last year, tourists spent $968 million in Albany County, and $1.9 billion in the region as a whole, up 3.3% over the year before.