Last updated: 2024 BLS data · Page refreshed:
Albany has a population of 991 with a median age of 31.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 991 |
| Median Age | 31.1 |
| White | 97.4% |
| Black or African American | 1.1% |
| Hispanic or Latino | 1.4% |
The median household income in Albany is $46,591, which is 42.2% below the national median of $80,610. The per capita income is $29,301. The poverty rate is 6.8%.
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In Albany, 93.7% of residents age 25+ have a high school diploma or higher, and 23.1% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.7% |
| Bachelor's Degree or Higher | 23.1% |
| Graduate or Professional Degree | 4.8% |
The median home value in Albany is $203,800, below the national median of $303,400. The median monthly rent is $705. The homeownership rate is 56.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $203,800 |
| Median Monthly Rent | $705 |
| Homeownership Rate | 56.5% |
| Vacancy Rate | 23.4% |
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