Albany, MN

Minnesota · Metropolitan Area

Albany is a small town in Minnesota with a population of 2,800. Residents earn $75,417 per year, which is 0% below the national average.

3.3 /5.0
B Good
2,800 Population 1,284/sq mi density
$75,417 Median Income $38,143 per capita
$226,000 Home Value $346,457 Zillow
$579 Median Rent
42°F Avg Temperature
153 Violent Crime/100K 1,182 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$75,417 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$226,000 home value, $579/mo rent
F
Safety
1.0 / 5.0
153 violent crimes/100K (60% below avg)
C+
Education
2.8 / 5.0
22.4% bachelor's degree or higher
Median Income $75,417
0% lower than US avg
Home Value $226,000
20% lower than US avg
Violent Crime 153/100K
60% lower than US avg
Bachelor's+ 22.4%
34% lower than US avg
Median Rent $579
50% lower than US avg
Obesity Rate 35.0%
9% higher than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 2.3%
81% lower than US avg

How Albany Compares to the U.S. Average (100% = U.S. avg)

People

Population2,800
Median Age38.7 yrs
Density1,284/mi²
Male / Female44% / 56%
Largest GroupWhite 93%

Economy

A+
Median Income$75,417
Per Capita$38,143
Unemployment0.0%
Poverty2.3%
County GDP$12,618M
Commute27 min

Housing

A+
Home Value$226,000
Rent$579
OwnershipN/A
Zillow$346,457

Crime

F
Violent153/100K
Property1,182/100K
Murder0.0/100K
Assault114/100K
Burglary38/100K

Health

Obesity35.0%
UninsuredN/A
Depression26.3%
Heart Disease4.8%

Climate

Avg Temp42°F
AQI36 (Good)
Rain29.1 in/yr
Elevation1,194 ft

Education

C+
Bachelor's+22.4%
High School+94.1%
School Score6.08

Community

2024 VoteR 62% / D 36%
Commute27 min
EV Stations1
Libraries10

Is Albany a Good Place to Live?

Based on current data, Albany receives an overall livability score of 3.3 out of 5.0, earning a grade of B. Key strengths include low unemployment, low crime rates, affordable housing, a low poverty rate. 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 $75,417, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 2.3% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 27 minutes.

Cost of Living & Housing

The median home value in Albany is $226,000, 20% below the national median — offering relatively affordable homeownership. Renters pay a median of $579 per month, below the national average — a plus for affordability. At just 3x median income, home prices are very affordable relative to local earnings.

Safety & Crime

Violent crime in Albany is below the national average at 153 per 100,000 residents (U.S. avg: 380). Property crime occurs at a rate of 1,182 per 100,000, 40% below the national average.

Education

22.4% of residents hold a bachelor's degree, below the national average of 33.7%. 94.1% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Albany has a cool climate with an average annual temperature of 42°F. Winters average 10°F in January while summers reach 70°F in July. Annual precipitation totals 29.1 inches, including 39.0 inches of snow. Air quality is rated Good with a median AQI of 36.

Albany has a population of 2,800 with a density of 1,284 people per square mile. The median age is 38.7 years, 1% younger than the national median of 38.9. The city is predominantly White (92.7%).

Population

2,800
Total Population
1,284
People / sq mi
38.7yrs
Median Age
1% below US avg
2.2mi²
Land Area

Gender Distribution

Male 44.2%
Female 55.8%

Race & Ethnicity

Albany vs U.S. Average

Language Spoken at Home

English Only96.8%
23% above US avg
Spanish3.2%
76% below US avg

Social Characteristics

Albany vs U.S. Average

The median household income in Albany is $75,417, which is 0% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 2.3% of residents live below the poverty line. Workers commute an average of 27 minutes.

Income: Albany vs U.S.

Commute Mode

Income

Median HH Income$75,417
0% below US avg
Per Capita Income$38,143
Avg Weekly Wage$1,198
IRS Avg AGI$79,564

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate2.3%
81% below US avg
Establishments (County)4,733
County GDP$12,618M

Business (County)

Restaurants391
Healthcare529
Retail642
Manufacturing231

Tax & Cost of Living

Property Tax (IRS)$5,101
46% above US avg
Effective Tax Rate2.26%

Commute & Transportation

Commute Time26.5 min
Work from Home6.5%

Walkability

The median home value in Albany is $226,000, 20% below the national average. Monthly rent averages $579 (50% below US avg). Zillow estimates the typical home value at $346,457.

Home Value Sources

Ownership Split

Home Values

Census Median$226,000
20% below US avg
Zillow ZHVI$346,457
Median List Price$329,900

Real Estate Market (Redfin)

Median List Price$329,900
$/Sq Ft$156
Homes Sold2
Sale-to-List Ratio98.2%
Price Drops25.0%
Inventory4

Rental Costs

Census Median Rent$579
50% below US avg

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied70.1%

Property Tax

Avg Tax (IRS)$5,101
46% above US avg
Effective Rate2.26%
In Albany, 35.0% of adults are obese (above the 32.1% national rate). 26.3% report depression. 20.5% are physically inactive.

Health Metrics: Albany vs U.S. Average (%)

Chronic Conditions

Obesity35.0%
9% above US avg
Diabetes8.0%
Heart Disease4.8%
High Blood Pressure26.1%
Asthma10.2%
COPD4.7%
Stroke2.6%

Behaviors & Mental Health

Binge Drinking21.2%
Physical Inactivity20.5%
Depression26.3%
Mental Distress16.9%
Physical Distress10.9%

Healthcare Access

Insurance Rate98.2%
Checkup Rate72.4%
Premature Death6,211/100K

Food & Exercise

Food Environment8.5/10
Exercise Access77.6%
Healthcare Facilities529
Albany has a violent crime rate of 153 per 100,000 residents, 60% below the national average of 380. Property crime stands at 1,182 per 100,000 (40% below US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Albany vs U.S. Average (per 100,000)

Violent Crime

Total Violent152.6/100K
60% below US avg
Murder0.0/100K
100% below US avg
Rape38.1/100K
Robbery0.0/100K
Assault114.4/100K

Property Crime

Total Property1,182.3/100K
40% below US avg
Burglary38.1/100K
Theft1,144.2/100K
Vehicle Theft0.0/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)10

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
Albany has an average annual temperature of 42°F (6°C). Winters average 10°F in January while summers reach 70°F in July. Annual precipitation is 29.1 inches. Air quality is rated Good with a median AQI of 36.

Temperature

10°F Jan (-12°C) 70°F Jul (21°C)
Annual Average42.0°F
22% below US avg
January Average10°F (-12°C)
July Average70°F (21°C)

Precipitation & Snow

Annual Rainfall29.1 inches
23% below US avg
Snowfall39.0 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,194 ft (364 m)
Area2.2 sq mi (5.6 km²)
Population Density1,284/sq mi
Coordinates45.6267°N, 94.5632°W
County FIPS27145
It is classified as Metro — under 250K. 22.4% of residents hold a bachelor's degree or higher (34% below US avg). In the 2024 election, the county voted Republican by a 26.8-point margin.

2024 Presidential Election (County)

R 62.5%
D 35.7%

Winner: Republican by 26.8 points

Education

Bachelor's Degree+22.4%
34% below US avg
High School+94.1%
School Test Score6.08
C+ Education Grade (2.8/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density1,284/sq mi
Total Area2.2 sq mi

Infrastructure & Services

EV Charging Stations1
Alt Fuel Stations1
Public Libraries10
Healthcare Facilities529
Restaurants391
Retail Stores642

Safety & Disasters

Fatal Crashes (County/yr)10
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute26.5 min
Work from Home6.5%

Nearby Cities

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