Last updated: 2024 BLS data · Page refreshed:
Albany has a population of 1,063 with a median age of 39.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,063 |
| Median Age | 39.8 |
| White | 96.3% |
| Asian | 0.2% |
| Hispanic or Latino | 2.5% |
| Other / Two or More Races | 1.0% |
The median household income in Albany is $72,649, which is 9.9% below the national median of $80,610. The per capita income is $37,465. The poverty rate is 11.8%.
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In Albany, 92.4% of residents age 25+ have a high school diploma or higher, and 16.0% hold a bachelor's degree or higher (7.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.4% |
| Bachelor's Degree or Higher | 16.0% |
| Graduate or Professional Degree | 7.1% |
The median home value in Albany is $173,200, below the national median of $303,400. The median monthly rent is $859. The homeownership rate is 66.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $173,200 |
| Median Monthly Rent | $859 |
| Homeownership Rate | 66.6% |
| Vacancy Rate | 3.3% |
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