Last updated: 2024 BLS data · Page refreshed:
Albany has a population of 1,909 with a median age of 39.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,909 |
| Median Age | 39.1 |
| White | 94.3% |
| Black or African American | 0.8% |
| Hispanic or Latino | 3.9% |
| Other / Two or More Races | 1.0% |
The median household income in Albany is $44,926, which is 44.3% below the national median of $80,610. The per capita income is $24,856. The poverty rate is 19.4%.
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In Albany, 92.9% of residents age 25+ have a high school diploma or higher, and 21.1% hold a bachelor's degree or higher (8.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.9% |
| Bachelor's Degree or Higher | 21.1% |
| Graduate or Professional Degree | 8.7% |
The median home value in Albany is $101,300, below the national median of $303,400. The median monthly rent is $550. The homeownership rate is 66.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $101,300 |
| Median Monthly Rent | $550 |
| Homeownership Rate | 66.3% |
| Vacancy Rate | 12.8% |
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