Albert Lea, MN
Full City Profile · Minnesota · Freeborn County County
Albert Lea, MN
At a Glance
How Albert Lea Compares to the U.S. Average
Each bar shows Albert Lea's value as a percentage of the national average (100% = U.S. avg)
Is Albert Lea a Good Place to Live?
Economy & Jobs
Albert Lea residents earn a median household income of $62,522 , which is 17% below the national average of $75,149. Per capita income is $37,796. The unemployment rate stands at 4.1% (14% above the U.S. rate of 3.6%). 6.3% of residents live below the poverty line. The area is home to 832 business establishments, including 73 restaurants.
Housing & Cost of Living
The median home value in Albert Lea is $150,400 , 47% below the national median of $281,900. Zillow estimates the typical home at $182,805. Median rent is $845/month, with 28.4% 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 1959.
Safety & Crime
Albert Lea reports 214 violent crimes per 100,000 residents , which is 44% below the national average of 380/100K. Property crime is 1,500/100K.
Education
17.3% of adults in Albert Lea hold a bachelor's degree or higher (49% below the national average). 87.2% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Albert Lea has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 72°F in July. Annual precipitation totals 35.8 inches.