At a Glance
Median Income
$68,750
$34,142 per capita
Home Value
$147,800
Zillow: $172,669
Median Rent
$721/mo
21.3% of income on rent
Bachelor's Degree+
13.9%
94.6% high school+
Unemployment
5.8%
1.0% poverty rate
Obesity Rate
33.9%
14.1% smoking rate
How Albany Compares to the U.S. Average
Each bar shows Albany's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Albany a Good Place to Live?
B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Albany residents earn a median household income of $68,750 , which is 9% below the national average of $75,149.
Per capita income is $34,142. The unemployment rate stands at 5.8% (61% above the U.S. rate of 3.6%). 1.0% of residents live below the poverty line. The area is home to 1,498 business establishments, including 117 restaurants.
Housing & Cost of Living
The median home value in Albany is $147,800 , 48% below the national median of $281,900.
Zillow estimates the typical home at $172,669. Median rent is $721/month, with 21.3% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1970.
Education
13.9% of adults in Albany hold a bachelor's degree or higher
(59% below the national average).
94.6% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Albany has an average annual temperature of 50°F (10°C).
Winters average 22°F in January while summers reach 74°F in July. Annual precipitation totals 36.4 inches.
Data Overview
People
Population783
Median Age37.9 yrs
Density732/mi²
Male / Female55% / 45%
Foreign Born1.3%
Veterans9.4%
Economy
B+
Median Income$68,750
Per Capita$34,142
Unemployment5.8%
Poverty1.0%
County GDP$2,951M
Avg Weekly Wage$1,014
Housing
A+
Home Value$147,800
Rent$721
Ownership90.9%
Zillow$172,669
Housing Units326
Rent Burden21.3%
Health
Obesity33.9%
Diabetes8.6%
Smoking14.1%
Heart Disease5.1%
Premature Death8,790/100K
Climate
Avg Temp50°F
Rain36.4 in/yr
Elevation657 ft
Education
C
Bachelor's+13.9%
High School+94.6%
Graduate+5.7%
School Score6.4/10
Community
2024 VoteR 59% / D 40%
Commute24 min
Broadband90.6%
Internet Speed96 Mbps
EV Stations1
Libraries7
Did You Know?
Albany was founded in 1837.
The median home in Albany was built in 1970.
The nearest airport is Quad Cities International (28 miles).
The Gini coefficient (income inequality) is 0.432 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.9% of the population has a disability.
There are 117 restaurants in the area.
The county recorded 5 fatal vehicle crashes.