Indiana · Metropolitan Area
Albany is a small town in Indiana with a population of 2,984. Residents earn $56,356 per year, which is 25% below the national average.
Based on current data, Albany receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Areas to be aware of include below-average incomes. Albany offers a solid quality of life with a good balance of affordability, safety, and opportunity.
The median household income in Albany is $56,356, 25% below the national average of $75,149. The job market is very strong with unemployment at just 1.8%. Only 2.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 30 minutes.
The median home value in Albany is $103,600, 63% below the national median — offering relatively affordable homeownership. Renters pay a median of $669 per month, below the national average — a plus for affordability. At just 1.8x median income, home prices are very affordable relative to local earnings.
12.2% of residents hold a bachelor's degree, below the national average of 33.7%. 91.8% have completed high school. Area schools have an average test score of 6/10.
Albany experiences four distinct seasons with an average temperature of 51°F. Winters average 26°F in January while summers reach 74°F in July. Annual precipitation totals 41.4 inches, including 20.9 inches of snow. Air quality is rated Good with a median AQI of 41.
| English Only | 98.8% |
| 26% above US avg | |
| Spanish | 1.2% |
| 91% below US avg |
| Median HH Income | $56,356 |
| 25% below US avg | |
| Per Capita Income | $27,723 |
| Avg Weekly Wage | $987 |
| IRS Avg AGI | $58,728 |
| Unemployment | 1.8% |
| 50% below US avg | |
| Poverty Rate | 2.7% |
| 78% below US avg | |
| Establishments (County) | 2,354 |
| County GDP | $5,403M |
| Restaurants | 220 |
| Healthcare | 342 |
| Retail | 387 |
| Manufacturing | 106 |
| Property Tax (IRS) | $3,457 |
| 1% below US avg | |
| Effective Tax Rate | 3.34% |
| Commute Time | 30.3 min |
| Work from Home | 9.1% |
| Census Median | $103,600 |
| 63% below US avg | |
| Zillow ZHVI | $189,908 |
| Median List Price | $177,450 |
| Median List Price | $177,450 |
| $/Sq Ft | $128 |
| Homes Sold | 2 |
| Sale-to-List Ratio | 99.1% |
| Price Drops | 16.7% |
| Inventory | 6 |
| Census Median Rent | $669 |
| 42% below US avg |
| Studio | $816 |
| 1 Bedroom | $882 |
| 2 Bedrooms | $1,096 |
| 3 Bedrooms | $1,391 |
| 4 Bedrooms | $1,590 |
| Owner-Occupied | 81.9% |
| Avg Tax (IRS) | $3,457 |
| 1% below US avg | |
| Effective Rate | 3.34% |
| Obesity | 35.8% |
| 12% above US avg | |
| Diabetes | 10.7% |
| Heart Disease | 5.6% |
| High Blood Pressure | 32.5% |
| Asthma | 11.6% |
| COPD | 7.2% |
| Stroke | 2.9% |
| Binge Drinking | 18.4% |
| Physical Inactivity | 22.5% |
| Depression | 29.3% |
| Mental Distress | 19.8% |
| Physical Distress | 13.3% |
| Insurance Rate | 94.8% |
| Checkup Rate | 77.6% |
| Premature Death | 12,615/100K |
| Food Environment | 6.5/10 |
| Exercise Access | 76.2% |
| Healthcare Facilities | 342 |
| Fatal Crashes (County/yr) | 15 |
| Annual Average | 51.2°F |
| 5% below US avg | |
| January Average | 26°F (-3°C) |
| July Average | 74°F (23°C) |
| Annual Rainfall | 41.4 inches |
| 9% above US avg | |
| Snowfall | 20.9 inches/yr |
| AQI Median | 41.0 |
| Rating | Good |
| Elevation | 955 ft (291 m) |
| Area | 2.0 sq mi (5.1 km²) |
| Population Density | 1,507/sq mi |
| Coordinates | 40.3060°N, 85.2322°W |
| County FIPS | 18035 |
Winner: Republican by 15.8 points
| Bachelor's Degree+ | 12.2% |
| 64% below US avg | |
| High School+ | 91.8% |
| School Test Score | 6.01 |
| RUCC Code 3 | Metro — under 250K |
| Population Density | 1,507/sq mi |
| Total Area | 2.0 sq mi |
| Public Libraries | 5 |
| Healthcare Facilities | 342 |
| Restaurants | 220 |
| Retail Stores | 387 |
| Fatal Crashes (County/yr) | 15 |
| Avg Commute | 30.3 min |
| Work from Home | 9.1% |