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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

Income Overview

Median Household Income
$56,356
25% below
US avg: $75,149
Per Capita Income
$27,723
29% below
US avg: $39,052
Unemployment Rate
1.8%
50% below
US avg: 3.6%
Poverty Rate
2.7%
78% below
US avg: 12.4%

Income Comparison: Albany vs. U.S. Average

Each bar shows Albany’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$56,356
75%
Per Capita
US: $39,052
$27,723
71%
IRS Avg AGI
US: $72,000
$58,728
82%
Avg Weekly Wage
US: $1,432
$987
69%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$987
31% below US avg ($1,432)
Mean Commute Time
30 min
10% above US avg (28 min)
Work From Home
9.1%
40% below US avg (15.2%)
Drive Alone
81.4%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$5,403M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.4%
Public Transit 0%
Work From Home 9.1%
Other 9.5%
Average commute time
30 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,354
Restaurants
220
Healthcare
342
Retail
387
Manufacturing
106

Tax & Financial

IRS Avg Adjusted Gross Income
$58,728
18% below US avg ($72,000)
Avg Property Tax
$3,457
1% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$56,356
Per Capita Income$27,723
IRS Avg Adjusted Gross Income$58,728
Avg Weekly Wage$987
County GDP$5,403M

Hardship Indicators

Unemployment Rate1.8%
Poverty Rate2.7%
Gini Coefficient0.448
Cost of Living Index93.3

Commute

Mean Commute30 minutes
Drive Alone81.4%
Public Transit0.0%
Work From Home9.1%

Businesses

Total Establishments2,354
Restaurants220
Healthcare342
Retail387
Manufacturing106

Tax

IRS Avg AGI$58,728
Avg Property Tax$3,457