At a Glance
Median Income
$75,417
$38,143 per capita
Home Value
$226,000
Zillow: $351,957
Median Rent
$579/mo
24.7% of income on rent
Violent Crime
246/100K
246/100K property
Bachelor's Degree+
22.4%
94.1% high school+
Unemployment
0.0%
2.3% poverty rate
Obesity Rate
35.0%
13.9% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Albany a Good Place to Live?
B
3.3 / 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 $75,417 , which is 0% below the national average of $75,149.
Per capita income is $38,143. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 2.3% of residents live below the poverty line. The area is home to 4,733 business establishments, including 391 restaurants.
Housing & Cost of Living
The median home value in Albany is $226,000 , 20% below the national median of $281,900.
Zillow estimates the typical home at $351,957. Median rent is $579/month, with 24.7% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1987.
Safety & Crime
Albany reports 246 violent crimes per 100,000 residents
, which is 35% below the national average of 380/100K.
Property crime is 246/100K.
Education
22.4% of adults in Albany hold a bachelor's degree or higher
(34% below the national average).
94.1% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Albany has an average annual temperature of 44°F (6°C).
Winters average 12°F in January while summers reach 71°F in July. Annual precipitation totals 31.0 inches. Air quality is rated Good with a median AQI of 39.
Data Overview
People
Population2,800
Median Age38.7 yrs
Density1,284/mi²
Male / Female44% / 56%
Foreign Born2.8%
Veterans7.4%
Economy
A+
Median Income$75,417
Per Capita$38,143
Unemployment0.0%
Poverty2.3%
County GDP$12,618M
Avg Weekly Wage$1,198
Housing
A+
Home Value$226,000
Rent$579
Ownership70.1%
Zillow$351,957
Housing Units1,202
Rent Burden24.7%
Crime
F
Violent246/100K
Property246/100K
Health
Obesity35.0%
Diabetes8.0%
Smoking13.9%
Heart Disease4.8%
Premature Death6,211/100K
Climate
Avg Temp44°F
Rain31.0 in/yr
AQI39 (Good)
Elevation1,194 ft
Education
C+
Bachelor's+22.4%
High School+94.1%
Graduate+6.0%
School Score6.2/10
Community
2024 VoteR 62% / D 36%
Commute27 min
Broadband86.2%
Internet Speed128 Mbps
EV Stations1
Libraries10
Did You Know?
Albany was founded in 1890.
The median home in Albany was built in 1987.
The nearest airport is St Cloud Regional (25 miles).
The Gini coefficient (income inequality) is 0.431 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
13.7% of the population has a disability.
Average internet download speed is 128 Mbps.
There are 391 restaurants in the area.
The county recorded 10 fatal vehicle crashes.