Last updated: 2024 BLS data · Page refreshed:
Albany has a population of 56,839 with a median age of 37.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 56,839 |
| Median Age | 37.7 |
| White | 79.5% |
| Black or African American | 0.8% |
| Asian | 2.0% |
| Hispanic or Latino | 16.5% |
| Other / Two or More Races | 1.2% |
The median household income in Albany is $78,114, which is 3.1% below the national median of $80,610. The per capita income is $37,281. The poverty rate is 13.5%.
The unemployment rate in Albany is 4.5%, compared to the national rate of 4.1%.
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In Albany, 93.0% of residents age 25+ have a high school diploma or higher, and 29.4% hold a bachelor's degree or higher (9.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.0% |
| Bachelor's Degree or Higher | 29.4% |
| Graduate or Professional Degree | 9.9% |
The median home value in Albany is $389,200, above the national median of $303,400. The median monthly rent is $1,372. The homeownership rate is 58.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $389,200 |
| Median Monthly Rent | $1,372 |
| Homeownership Rate | 58.9% |
| Vacancy Rate | 3.7% |
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