Auto · Metro area · New York
Insurance agencies in the Albany-Schenectady-Troy, NY metro area
The insurance agencies in the Albany-Schenectady-Troy, NY metro area, the household spending behind them and how the market ranks against other metro areas.
Groundwork market score · out of 100
Score 42 out of 100: Lower middle
Ranked #239 of 387 scored metro areas
#8 of 13 scored metro areas based in New York
- Listings
- 470
- 88 chain locations (19%)
- Official establishments
- 295
- −8.9% since 2019
- Household spending a year
- $559.6M
- On vehicle insurance · $1,461 a household
- Spending per listing
- $1.2M
- 5% below the U.S.
- Listings per 10k households
- 12.3
- 21% below the U.S.
- Population, 2025
- 915,835
- +1.9% since 2020
See the insurance agencies around any address in the Albany-Schenectady-Troy metro area
The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Albany-Schenectady-Troy metro area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
Map listings as of September 2026 show 470 insurance agencies in the Albany-Schenectady-Troy metro area. Chain locations make up 19% of them, against 21% across the U.S. That is 12.3 per 10,000 households, 21% below the U.S. rate of 15.6.
At $1,461 per household (25% below the U.S. average), households in the Albany-Schenectady-Troy metro area spend about $559.6M a year on vehicle insurance. Spread across 470 insurance agencies, that is $1.2M per agency, 5% below the U.S. figure of $1.3M.
Official counts show 295 businesses with payroll classed as insurance agencies and brokerages in the Albany-Schenectady-Troy metro area in 2023, down 8.9% from 2019. That is one for every 1,299 households, against one for every 966 across the U.S. Since fiscal 2022, 11 SBA-backed loans worth $11.7M have gone to businesses classed as insurance agencies and brokerages in the Albany-Schenectady-Troy metro area.
Population estimates show the Albany-Schenectady-Troy metro area grew 1.9% from 2020 to 2025, slower than the U.S. (+3.1%). For insurance agencies, the Albany-Schenectady-Troy metro area has a Groundwork market score of 42 (lower middle): #239 of 387 scored metro areas and #8 of 13 scored metro areas based in New York.
How the Albany-Schenectady-Troy metro area compares
The same measures for New York and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.
| Measure | Albany-Schenectady-Troy metro area | New York | U.S. |
|---|---|---|---|
| Listings per 10k households | 12.3 | 10.7 | 15.6 |
| Spending per listing | $1.2M | $1.1M | $1.3M |
| Households per official establishment | 1,299 | 1,216 | 966 |
| Official establishment growth, 2019–2023 | −8.9% | −4.7% | −1.0% |
| Population growth, 2020–2025 | +1.9% | −0.6% | +3.1% |
| Spending per household on vehicle insurance | $1,461 | $1,132 | $1,957 |
| Median household income | $88,074 | $85,974 | $80,734 |
| Groundwork market score | 42 | 28 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 295−8.9% over the period
- Employees, 2023
- 1,945
- Annual payroll, 2023
- $192.5M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 47088 chain locations
- Listings at the U.S. rate for this spending
- 446The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 11
- Amount
- $11.7M
SBA-backed loans to businesses classed as insurance agencies and brokerages in the Albany-Schenectady-Troy metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.
Population and households in the Albany-Schenectady-Troy metro area
- Population, 2025 estimate
- 915,835+1.9% since 2020
- Households
- 383,063
- Median age
- 41.7
- Homes lived in by their owners
- 64%
- Vehicles per household
- 1.6
- Land area
- 2,812 sq. mi.
- People per square mile
- 322
- Median household income
- $88,074+23.6% vs. 2015–2019, before inflation
- Average household income
- $114,274
- Median home value
- $285,900
- Jobs located here
- 460,466
- Daytime population
- 937,878Residents who don’t work, plus everyone whose job is here
Looking at a specific site in the Albany-Schenectady-Troy metro area?
These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.
Or open the report at the center of the Albany-Schenectady-Troy metro area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardInsurance agencies across New York
Every New York market ranked →The highest-scoring metro areas in New York for insurance agencies, numbered among those based in New York, with the Albany-Schenectady-Troy metro area marked.
Top metro areas in New York
| Market | Score | Listings | Per 10k households | Spending per listing | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Watertown-Fort Drum, NY | 55 | 33 | 6.9 | $2.1M | −3.9% | #159 of 387 |
| 2Glens Falls, NY | 53 | 50 | 9.2 | $1.7M | −1.9% | #166 of 387 |
| 3Kingston, NY | 51 | 74 | 10.0 | $1.6M | +1.1% | #178 of 387 |
| 4Ithaca, NY | 49 | 41 | 9.5 | $1.5M | −1.4% | #188 of 387 |
| 5Kiryas Joel-Poughkeepsie-Newburgh, NY | 47 | 311 | 12.2 | $1.3M | +3.0% | #205 of 387 |
| 6Elmira, NY | 46 | 34 | 9.6 | $1.5M | −3.9% | #209 of 387 |
| 7Binghamton, NY | 43 | 108 | 10.6 | $1.3M | −1.3% | #232 of 387 |
| 8Albany-Schenectady-Troy, NY | 42 | 470 | 12.3 | $1.2M | +1.9% | #239 of 387 |
| 9Rochester, NY | 37 | 536 | 12.0 | $1.2M | −0.7% | #268 of 387 |
| 10New York-Newark-Jersey City, NY-NJ | 33 | 7,483 | 10.1 | $1.1M | +0.6% | #291 of 387 |
Other business types in the Albany-Schenectady-Troy metro area
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
Funeral services
Questions
How many insurance agencies are in the Albany-Schenectady-Troy, NY metro area?
There are 470 insurance agencies on map listings in the Albany-Schenectady-Troy metro area as of September 2026. 88 of them (19%) are chain locations. The listings count insurance agencies. Official counts show 295 businesses with payroll classed as insurance agencies and brokerages in 2023, down 8.9% from 2019.
How much do households in the Albany-Schenectady-Troy, NY metro area spend on vehicle insurance?
About $559.6M a year, or $1,461 per household. That is 25% below the U.S. average (an index of 75, where 100 is the U.S. average). Spread across the 470 insurance agencies on map listings, it comes to $1.2M per agency. It is estimated from the incomes of the 383,063 households in the Albany-Schenectady-Troy metro area and national spending patterns by income.
How does the Albany-Schenectady-Troy, NY metro area compare with the U.S. for insurance agencies?
The Albany-Schenectady-Troy metro area has 12.3 insurance agencies per 10,000 households, 21% below the U.S. rate of 15.6. Spending per agency is $1.2M, 5% below the U.S. figure of $1.3M. At the national ratio of insurance agencies to household spending, the Albany-Schenectady-Troy metro area would have about 446, against 470 on map listings. There is one business with payroll in the industry for every 1,299 households, against one for every 966 across the U.S. The official count fell 8.9% from 2019 to 2023, against −1.0% for the U.S.
How fast is the Albany-Schenectady-Troy, NY metro area growing?
Population estimates put the Albany-Schenectady-Troy metro area at 915,835 people in 2025, up 1.9% since 2020, slower than the U.S. (+3.1%). It has 383,063 households. The median household income in the Albany-Schenectady-Troy metro area is $88,074 a year, 9% above the U.S. median of $80,734. That rose 23.6% from the 2015–2019 survey, before inflation.
What is the Groundwork market score?
The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Albany-Schenectady-Troy metro area scores 42 for insurance agencies (lower middle), #239 of 387 scored metro areas.
How can I see the market around a specific site?
Run a Groundwork site report on an address in the Albany-Schenectady-Troy metro area. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.
How the score works · Top markets for insurance agencies · All 56 business types in the Albany-Schenectady-Troy metro area
Screening a site or an acquisition in the Albany-Schenectady-Troy metro area?
A site report maps the competitors on map listings near an address and sizes the households and spending around it.
The button opens the report at the center of the Albany-Schenectady-Troy metro area. Signed out, you see a blurred preview; on an account, each report is one action.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are estimates for research only. Not investment or real estate advice.