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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 Rate2.4%
Poverty Rate6.3%
Gini Coefficient0.448
Cost of Living Index98.6

Commute

Mean Commute19 minutes
Drive Alone79.6%
Public Transit0.0%
Work From Home7.6%

Businesses

Total Establishments832
Restaurants73
Healthcare66
Retail131
Manufacturing47

Tax

IRS Avg AGI$64,740
Avg Property Tax$4,279