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Albany, IN

Full City Profile · Indiana · Delaware County County

3.0 /5.0
B Good
2,984 Population 1,507/sq mi density
$56,356 Median Income $27,723 per capita
$103,600 Home Value $189,908 Zillow
$669 Median Rent 26.2% income on rent
51°F Avg Temperature 275 sunny days/yr
394 Violent Crime/100K 4,121 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$56,356 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$103,600 home value, $669/mo rent
F
Safety
1.0 / 5.0
394 violent crimes/100K (4% above avg)
D
Education
2.0 / 5.0
12.2% bachelor's degree or higher

Albany, IN

At a Glance

Median Income
$56,356
25% below
$27,723 per capita
Home Value
$103,600
63% below
Zillow: $189,908
Median Rent
$669/mo
42% below
26.2% of income on rent
Violent Crime
394/100K
4% above
4,121/100K property
Bachelor's Degree+
12.2%
64% below
91.8% high school+
Unemployment
1.8%
50% below
2.7% poverty rate
Obesity Rate
35.8%
12% above
16.9% smoking rate
Avg Temperature
51°F
275 sunny days/yr

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)

Income
75%
Home Value
37%
Rent
58%
Poverty
22%
Bachelor's
36%
Unemployment
50%
Crime
104%
Thin vertical line = U.S. national average (100%)

Is Albany a Good Place to Live?

B
3.0 / 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 $56,356 , which is 25% below the national average of $75,149. Per capita income is $27,723. The unemployment rate stands at 1.8% (50% below the U.S. rate of 3.6%). 2.7% of residents live below the poverty line. The area is home to 2,354 business establishments, including 220 restaurants.

Housing & Cost of Living

The median home value in Albany is $103,600 , 63% below the national median of $281,900. Zillow estimates the typical home at $189,908. Median rent is $669/month, with 26.2% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1964.

Safety & Crime

Albany reports 394 violent crimes per 100,000 residents , which is 4% above the national average of 380/100K. Property crime is 4,121/100K.

Education

12.2% of adults in Albany hold a bachelor's degree or higher (64% below the national average). 91.8% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Albany has an average annual temperature of 51°F (11°C). Winters average 26°F in January while summers reach 74°F in July. The area gets 275 sunny days per year. Annual precipitation totals 41.4 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population2,984
Median Age50.5 yrs
Density1,507/mi²
Male / Female45% / 55%
Foreign Born13.6%
Veterans11.9%

Economy

A
Median Income$56,356
Per Capita$27,723
Unemployment1.8%
Poverty2.7%
County GDP$5,403M
Avg Weekly Wage$987

Housing

A+
Home Value$103,600
Rent$669
Ownership81.9%
Zillow$189,908
Housing Units1,371
Rent Burden26.2%

Crime

F
Violent394/100K
Property4,121/100K

Health

Obesity35.8%
Diabetes10.7%
Smoking16.9%
Heart Disease5.6%
Premature Death12,615/100K

Climate

Avg Temp51°F
Sunny Days275/yr
Rain41.4 in/yr
AQI41 (Good)
Elevation955 ft

Education

D
Bachelor's+12.2%
High School+91.8%
Graduate+3.0%
School Score5.8/10

Community

2024 VoteR 57% / D 41%
Commute30 min
Broadband86.7%
Internet Speed105 Mbps
EV Stations3
Libraries5

Did You Know?

The median home in Albany was built in 1964.
The nearest airport is Delaware County Regional (10 miles).
The Gini coefficient (income inequality) is 0.448 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
27.5% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 105 Mbps.
There are 220 restaurants in the area.
The county recorded 15 fatal vehicle crashes.