Albany has a population of 99,692 with a median age of 32.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 99,692 |
| Median Age | 32.0 |
| White | 53.7% |
| Black or African American | 27.9% |
| Asian | 7.1% |
| Hispanic or Latino | 9.9% |
| Other / Two or More Races | 1.4% |
The median household income in Albany is $54,736, which is 27.2% below the national median of $75,149. The per capita income is $34,195. The poverty rate is 23.3%.
The unemployment rate in Albany is 8.0%, compared to the national rate of 5.4%.
In Albany, 88.8% of residents age 25+ have a high school diploma or higher, and 43.0% hold a bachelor's degree or higher (20.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.8% |
| Bachelor's Degree or Higher | 43.0% |
| Graduate or Professional Degree | 20.8% |
The median home value in Albany is $213,400, below the national median of $281,900. The median monthly rent is $1,130. The homeownership rate is 36.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $213,400 |
| Median Monthly Rent | $1,130 |
| Homeownership Rate | 36.7% |
| Vacancy Rate | 13.8% |
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