Last updated: 2024 BLS data · Page refreshed:
Albany has a population of 1,013 with a median age of 42.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,013 |
| Median Age | 42.5 |
| White | 98.6% |
| Black or African American | 0.5% |
| Other / Two or More Races | 0.9% |
The median household income in Albany is $52,070, which is 35.4% below the national median of $80,610. The per capita income is $31,771. The poverty rate is 9.3%.
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In Albany, 96.3% of residents age 25+ have a high school diploma or higher, and 14.8% hold a bachelor's degree or higher (3.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.3% |
| Bachelor's Degree or Higher | 14.8% |
| Graduate or Professional Degree | 3.1% |
The median home value in Albany is $145,600, below the national median of $303,400. The median monthly rent is $847. The homeownership rate is 57.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $145,600 |
| Median Monthly Rent | $847 |
| Homeownership Rate | 57.0% |
| Vacancy Rate | 8.1% |
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