Is Albany a Good Place to Live?
Based on current data, Albany receives an overall livability score of 3.5 out of 5.0, earning a grade of B+. Key strengths include low unemployment, low crime rates, affordable housing, high health insurance coverage. Areas to be aware of include an elevated poverty rate, below-average incomes. Albany offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Albany is $40,301, 46% below the national average of $75,149. The job market is very strong with unemployment at just 2.2%. The poverty rate of 21.4% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 16 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Albany is $102,500, 64% below the national median — offering relatively affordable homeownership. Renters pay a median of $610 per month, below the national average — a plus for affordability. At just 2.5x median income, home prices are very affordable relative to local earnings.
Safety & Crime
Albany is a very safe community with a violent crime rate of 0 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 0 per 100,000, 100% below the national average.
Education
16.9% of residents hold a bachelor's degree, below the national average of 33.7%. 73.1% have completed high school. Area schools have an average test score of 5.5/10.
Climate & Weather
Albany enjoys a moderate climate with an average annual temperature of 57°F. Winters average 36°F in January while summers reach 76°F in July. Annual precipitation totals 54.6 inches. Air quality is rated Good with a median AQI of 41.