Last updated: 2024 BLS data · Page refreshed:
Albert Lea has a population of 18,330 with a median age of 44.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 18,330 |
| Median Age | 44.3 |
| White | 79.8% |
| Black or African American | 2.4% |
| Asian | 4.9% |
| Hispanic or Latino | 14.7% |
The median household income in Albert Lea is $64,603, which is 19.9% below the national median of $80,610. The per capita income is $39,282. The poverty rate is 12.8%.
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In Albert Lea, 89.4% of residents age 25+ have a high school diploma or higher, and 17.4% hold a bachelor's degree or higher (6.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.4% |
| Bachelor's Degree or Higher | 17.4% |
| Graduate or Professional Degree | 6.1% |
The median home value in Albert Lea is $157,500, below the national median of $303,400. The median monthly rent is $857. The homeownership rate is 74.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $157,500 |
| Median Monthly Rent | $857 |
| Homeownership Rate | 74.1% |
| Vacancy Rate | 8.9% |
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