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Restaurant costs $255K to open. Income ratio: 0.22x.
Verified Restaurant Data
Best Restaurant Location in Albany
Albany's 899.0K metro area generates a 68/100 foot traffic index, creating high competition among restaurants targeting the $56,000 income demographic.
Capital requirements for Albany: $255K startup facing $56K earning households at 4.6x leverage.
73/100 opportunity score
899,000 metro residents
$56,000 average income
48/100 launch timing score
Moderate - Strategic Entry
99K
Population Size
$56K
Per-Capita Income
High
Business Density
5
Major Industries
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Albany, United States
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Competitor Locations
Opportunity Zones
High Traffic Areas
899,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis
Viability Index: Restaurant in Albany
What makes Albany distinct for restaurant operators
73
/ 100
Market Opportunity
Based on 7 comprehensive market factors
Good Prospects
Financial Overview
Average Startup Cost
$255,000
Industry Success Rate
18%
Expected ROI Timeline
18-36 months
Customer Draw Radius
800m
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Unique Market Intelligence
The 899K Consumer Opportunity
thorough viability scoring
Market Position
Albany positioning
Capital requirements for Albany: $255K startup facing $56K earning households at 4.6x leverage.
Location costs run $22/sqft (68 walkability score), totaling $22,000/mo for standard retail footprint.
0.9M metro residents earning $56,000 on average create a $50B addressable market.
Entry conditions: 4.6x funding multiple against moderate competition and high trajectory.
Viability assessment: 4.6x capital needs, 68/100 exposure, $22/sqft overhead yields 57/100 score.
Government and Healthcare anchor Albany's $56K-income economy.
Baseline 2.5% expansion against moderate competition. Standard entry dynamics.
$255K startup. 55 local income-months to break even.
Competitive Position
National ranking for restaurants
Score: 73.2/100. 0.9M people. $56K income.
Restaurant costs $255K to open. Income ratio: 0.22x.
Traffic: 68. Rent: $22/sqft. Income: $56K.
High growth. Moderate competition. Score: 73.2.
0.9M metro. $22/sqft rent. 68 foot traffic.
$255K startup. $22,000/mo rent. 55 income-months to recoup.
Score 73.2. Average conditions. Execution decides success.
$50.3B total income across 0.9M people.
Strategic Recommendations
Actionable strategies tailored for Albany
High growth. Moderate competition. Plan accordingly.
Traffic: 68. Rent: $22/sqft. $22,000/mo for 1000 sqft.
$56K income. Standard pricing. Test and adjust.
Restaurant: $255K to open. 55 income-months to recoup.
Traffic 68. Balanced. Mix storefront and digital.
0.9M metro. Focus on one location first.
$264,000/yr rent. 471.4% of local income. Factor that in.
High growth absorbs Moderate competition. Worth entering.
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Moderate - Strategic Entry
With moderate saturation, Albany rewards operators who execute fundamentals exceptionally well. Invest in staff training, consistent quality, and local community engagement over the next 6-12 months to build sustainable advantage.
Timing score: 48/100
- 📈 High growth outlook - strong expansion timing
- ⚖️ Moderate competition - balanced market entry
Seasonal Levers
- Holiday dining
- Summer outdoor seating
- Event catering opportunities
National Benchmarks
How Albany dominates
calibrated to $56K demographics
Household earnings of $56,000 in Albany represent a 38% premium versus the $40,492 market average.
Operating costs at $22/sqft represent a 32% savings compared to $33/sqft typical rates.
The 68/100 pedestrian score represents 14% weaker organic discovery versus market baseline (79/100).
Albany's 0.9M metro area is 77% smaller than typical (3.8M), offering focused market dynamics.
Restaurant Market Analysis for Albany
Why Albany for Restaurants?
- Metro population of 899,000 provides large customer base
- Average income of $56,000 supports restaurant spending
- High business density indicates healthy economic activity
- Strong foot traffic opportunities throughout the city
- Strong demographics opportunities throughout the city
Restaurant Success Factors
Foot traffic
Essential
Demographics
Essential
Competition density
Essential
Parking availability
Essential
Visibility
Essential
Local cuisine preferences
Essential
Seasonal Considerations for Albany
Holiday dining
Summer outdoor seating
Event catering opportunities
Albany Neighborhood Guide
Where $22/sqft meets 68/100 foot traffic in Albany
Downtown Albany
High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base
Business District
Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities
Suburban Areas
Growth Area
Family-oriented demographics
Lower competition density
Ample parking available
Albany vs Other United States Cities for Restaurants
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Albany ⭐ | 899,000 | $56,000 |
|
Current City |
| Atlanta | 6,307,000 | $71,000 |
|
Explore → |
| Plano | 7,760,000 | $102,000 |
|
View data → |
| Frisco | 7,760,000 | $127,000 |
|
Compare → |
| Fort Lauderdale | 6,166,000 | $73,000 |
|
Check it → |
Market Signals
Restaurant Insights Unique to Albany
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
02
In Albany, Competition density becomes the tiebreaker because moderate competition levels.
03
The -18-point advantage over Atlanta shows why Albany maintains higher commercial rents.
04
Our restaurant opportunity index scores Albany at 73/100—reflecting $56,000 resident earnings and 68 traffic rating.
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$255K startup. 55 local income-months to break even.
FAQ
Restaurant FAQs for Albany
Each answer references real Albany data so this section is unique across the site.
What operational lever matters most for restaurants in Albany?
Competition density should lead your playbook because moderate competition levels when launching in Albany.
How does Albany compare to other restaurant markets?
Albany's -18-point edge over Atlanta stems from better income demographics and foot traffic patterns.
What playbook works best for restaurants in Albany?
$264,000/yr rent. 471.4% of local income. Factor that in.
What makes the Albany market distinctive?
$255K startup. 55 local income-months to break even.
Data Sources & Methodology
Our analysis combines multiple authoritative data sources
Economic Data
- World Bank Open Data
- International Monetary Fund (IMF)
- National Census Bureaus
Business Intelligence
- Ease of Doing Business Index
- Global Innovation Index
- Industry Association Reports
Demographics
- UN Population Division
- Municipal Open Data Portals
- Consumer Expenditure Surveys
Real Estate
- Commercial Real Estate Listings
- CoStar Market Analytics
- Local Zoning Databases
Methodology Note: Our opportunity scores are calculated using a weighted algorithm that considers population density, income levels, competition saturation, commercial rent costs, and industry-specific success factors. Data is refreshed quarterly from authoritative sources. Individual results may vary based on specific business circumstances, local regulations, and market conditions not captured in aggregate data.
Ready to Open Your Restaurant in Albany?
Moderate - Strategic Entry with a 73/100 opportunity score, high competition, and a 68/100 foot traffic index. With moderate saturation, Albany rewards operators who execute fundamentals exceptionally well. Invest in staff training, consistent quality, and local community engagement over the next 6-12 months to build sustainable advantage.