Last updated: 2024 BLS data · Page refreshed:
Albany has a population of 67,224 with a median age of 34.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 67,224 |
| Median Age | 34.9 |
| White | 17.8% |
| Black or African American | 76.8% |
| Asian | 0.6% |
| Hispanic or Latino | 2.7% |
| Other / Two or More Races | 2.1% |
The median household income in Albany is $47,240, which is 41.4% below the national median of $80,610. The per capita income is $25,040. The poverty rate is 27.5%.
The unemployment rate in Albany is 5.1%, compared to the national rate of 4.1%.
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In Albany, 85.2% of residents age 25+ have a high school diploma or higher, and 21.4% hold a bachelor's degree or higher (10.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 85.2% |
| Bachelor's Degree or Higher | 21.4% |
| Graduate or Professional Degree | 10.1% |
The median home value in Albany is $124,300, below the national median of $303,400. The median monthly rent is $931. The homeownership rate is 37.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $124,300 |
| Median Monthly Rent | $931 |
| Homeownership Rate | 37.7% |
| Vacancy Rate | 16.4% |
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