Census Bureau data for Albany city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Albany city
- What is the median household income in Albany city?
- The median household income in Albany city is $135,927 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Albany city?
- The poverty rate in Albany city is 6.1% (U.S. Census Bureau ACS 2023).
- What is the median home value in Albany city?
- $1,188,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in Albany city?
- The median gross rent in Albany city is $2,389 per month (U.S. Census Bureau ACS 2023).
- What percentage of Albany city residents have a college degree?
- 76.4% of adults in Albany city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
19,768
Median Income
$135,927
Median Home Value
$1,188,600
Poverty Rate
6.1%
Unemployment (ACS 2023)
3.4%
Median Age
37.0 yrs
Since 2019
Median Income:
+$40,527 (+42.5%)
Home Value:
+$306,100 (+34.7%)
Poverty Rate:
-0.6 pp (-9%)
Bachelor's+:
+3.5 pp (+4.8%)
Unemployment:
-0.1 pp (-2.9%)
Demographics
Total Population
19,768
Median Age
37.0
Female
53.7%
Race & Ethnicity
Hispanic or Latino 13.0%
White (non-Hisp.) 43.9%
Black 3.7%
Asian 29.2%
Two or More 14.9%
Other 4.9%
Asian Subgroups (% of total pop.)
Chinese
16.0%
Indian
3.4%
Japanese
3.1%
Korean
2.4%
Filipino
1.2%
Vietnamese
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
6.6%
Puerto Rican
1.0%
Cuban
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$135,927
±$14,290
+$39,593 vs. state
Per Capita Income
$184,286
Median Family Income
$163,417
Poverty Rate
6.1%
-2.3 pp vs. state
Child Poverty Rate
8.7%
Working-Age Poverty Rate
—
SNAP Recipients
3.9%
Social Security Income
—
Retirement Income
21.5%
Household Income Distribution
< $10k
3.4%
$10–15k
1.4%
$15–25k
3.5%
$25–35k
2.6%
$35–50k
5.4%
$50–75k
10.4%
$75–100k
10.0%
$100–150k
16.8%
$150–200k
12.4%
$200k+
34.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
8,000
Owner-Occupied
53.6%
Renter-Occupied
46.4%
Vacancy Rate
4.1%
Median Home Value
$1,188,600
+$493,200 vs. state
Median Gross Rent
$2,389
Owner Cost Burden (30%+)
28.1%
Renter Cost Burden (30%+)
39.4%
Home Value Distribution
< $50k
1.9%
$100–200k
0.3%
$300–500k
5.2%
$500k–$1M
25.6%
$1M+
66.7%
Gross Rent Distribution
< $500
0.2%
$500–1k
0.7%
$1–1.5k
4.8%
$1.5–2k
16.4%
$2–2.5k
35.9%
$2.5–3.5k
23.8%
$3.5k+
18.2%
Vehicle Availability
No vehicle
8.8%
1 vehicle
45.6%
2 vehicles
36.3%
3+
9.3%
Housing Type
Single-fam. det.
50.1%
Single-fam. att.
4.3%
2–4 units
3.9%
5–19 units
7.4%
20+ units
17.9%
Mobile home
0.1%
Housing Age
Pre-1940
39.1%
1940–1969
9.9%
1970–1999
11.7%
2000–2009
6.7%
2010+
4.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.4%
Bachelor's or Higher
76.4%
+39.9 pp vs. state
Graduate Degree
42.1%
Some College / Associate
8.4%
Less Than High School
1.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
68.1%
Unemployment Rate
3.4%
-3.0 pp vs. state
Work from Home
33.5%
Self-Employed
9.6%
Government Workers
24.2%
Private For-Profit
65.9%
Industry
Edu/Health
32.6%
Prof. Services
23.6%
Manufacturing
6.9%
Arts/Entmt.
6.9%
Finance
5.9%
Public Admin
4.1%
Retail
3.8%
Transportation
3.5%
Information
3.4%
Construction
2.5%
Wholesale
1.9%
Agriculture
0.4%
Occupation
Management
71.7%
Sales
13.7%
Food Prep
9.1%
Production
3.4%
Construction
2.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.7 min
Drove Alone
37.4%
Carpool
3.6%
Public Transit
16.3%
Work from Home
33.5%
Walked
4.8%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
7,673
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
53.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
28.5%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.8%
5–9
5.9%
10–14
6.6%
15–19
7.0%
20–24
4.4%
25–34
13.9%
35–44
16.3%
45–54
13.3%
55–64
7.2%
65–74
4.8%
75–84
9.0%
85+
3.5%
Under 18: 23.1%
Working age (18–64): 76.9%
65 and over: 14.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
26.1%
Naturalized Citizen
54.4%
Speaks English Less Than Very Well
10.6%
Foreign-Born Origin
Asia
70.4%
Latin America
12.9%
Europe
11.2%
Africa
3.2%
Veterans & Disability
Veteran
2.4%
With a Disability
6.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.2%
Uninsured
2.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
87.9%
Has a Computer
97.7%
Same House 1 Year Ago
84.4%
Moved from Abroad
2.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023