Albert Lea, MN
Full City Profile · Minnesota · Freeborn County County
3.1
/5.0
B
Good
18,379
Population
1,383/sq mi density
$62,522
Median Income
$37,796 per capita
$150,400
Home Value
$172,925 Zillow
$845
Median Rent
28.4% income on rent
45°F
Avg Temperature
260 sunny days/yr
216
Violent Crime/100K
2,875 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$62,522 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$150,400 home value, $845/mo rent
F
Safety
1.0 / 5.0
216 violent crimes/100K
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher
Income Overview
Median Household Income
$62,522
17% below
US avg: $75,149
Per Capita Income
$37,796
3% below
US avg: $39,052
Unemployment Rate
2.4%
33% below
US avg: 3.6%
Poverty Rate
6.3%
49% below
US avg: 12.4%
Income Comparison: Albert Lea vs. U.S. Average
Each bar shows Albert Lea’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,522
83%
Per Capita
US: $39,052
$37,796
97%
IRS Avg AGI
US: $72,000
$64,740
90%
Avg Weekly Wage
US: $1,432
$1,021
71%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,021
29% below US avg ($1,432)
Mean Commute Time
19 min
32% below US avg (28 min)
Work From Home
7.6%
50% below US avg (15.2%)
Drive Alone
79.6%
9% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,740M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.6%
Public Transit
0%
Work From Home
7.6%
Other
12.8%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
832
Restaurants
73
Healthcare
66
Retail
131
Manufacturing
47
Tax & Financial
IRS Avg Adjusted Gross Income
$64,740
10% below US avg ($72,000)
Avg Property Tax
$4,279
22% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,522 |
| Per Capita Income | $37,796 |
| IRS Avg Adjusted Gross Income | $64,740 |
| Avg Weekly Wage | $1,021 |
| County GDP | $1,740M |
Hardship Indicators
| Unemployment Rate | 2.4% |
| Poverty Rate | 6.3% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 79.6% |
| Public Transit | 0.0% |
| Work From Home | 7.6% |
Businesses
| Total Establishments | 832 |
| Restaurants | 73 |
| Healthcare | 66 |
| Retail | 131 |
| Manufacturing | 47 |
Tax
| IRS Avg AGI | $64,740 |
| Avg Property Tax | $4,279 |
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