Accommodation in Albany-Schenectady-Troy, NY — margin & metro benchmarks
The accommodation industry's national net profit margin is -13.0% (national, owner-operator basis — no metro-level margin exists in any public source). The Albany-Schenectady-Troy, NY metro has 169 accommodation establishments.
-13.0%net margin · owner-operator basis
Owner-operator basis (IRS SOI sole proprietorships, TY2023): net income less deficit ÷ business receipts, at NAICS 721 (Accommodation). Sole-proprietor labor is not expensed, so this overstates corporate-style profit. Margin is national only (IRS SOI);
never adjusted to look local — see methodology.
Accommodation in the Albany-Schenectady-Troy, NY metro
Local counts from Census County Business Patterns (2023), metro (CBSA) grain; wage from BLS QCEW 2024 (metro grain). Average weekly wage is the Albany-Schenectady-Troy, NY metro (CBSA) figure from BLS QCEW 2024, private-sector.
| Metric | Value | |
|---|---|---|
| Establishments (metro) | 169 | Metro 2023 source ↗ |
| Employment (metro) | 4,716 | Metro 2023 source ↗ |
| Annual payroll (metro) | $195,843,000 | Metro 2023 source ↗ |
| Average weekly wage (metro) | $874 | Metro 2024 source ↗ |
Multi-year metro trends and metro-to-metro comparison are available to subscribers. This page shows the current national margin plus current metro counts.
Frequently asked
How many accommodation businesses are in the Albany-Schenectady-Troy, NY metro?
169 establishments (Census County Business Patterns, 2023).
What profit margin do accommodation businesses make?
About -13.0% net margin nationally (owner-operator basis, IRS SOI) — no metro-level margin is published.
What is the average accommodation wage in the Albany-Schenectady-Troy, NY metro?
$874 per week (BLS QCEW 2024, private sector) — about $45,448/year.
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