Last updated: 2024 BLS data · Page refreshed:
Albany has a population of 1,849 with a median age of 42.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,849 |
| Median Age | 42.3 |
| White | 76.7% |
| Black or African American | 0.3% |
| Hispanic or Latino | 20.0% |
| Other / Two or More Races | 3.0% |
The median household income in Albany is $68,000, which is 15.6% below the national median of $80,610. The per capita income is $34,188. The poverty rate is 10.5%.
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In Albany, 93.8% of residents age 25+ have a high school diploma or higher, and 35.3% hold a bachelor's degree or higher (11.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.8% |
| Bachelor's Degree or Higher | 35.3% |
| Graduate or Professional Degree | 11.3% |
The median home value in Albany is $173,600, below the national median of $303,400. The median monthly rent is $726. The homeownership rate is 76.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $173,600 |
| Median Monthly Rent | $726 |
| Homeownership Rate | 76.4% |
| Vacancy Rate | 14.2% |
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