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Albany town, Indiana

City

Population: 2,984 (2023 estimate)

Located in Indiana , Indiana

Census Bureau data for Albany town 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.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Albany town

What is the median household income in Albany town?
The median household income in Albany town is $56,356 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Albany town?
The poverty rate in Albany town is 2.7% (U.S. Census Bureau ACS 2023).
What is the median home value in Albany town?
$103,600 (U.S. Census Bureau ACS 2023).
What is the average rent in Albany town?
The median gross rent in Albany town is $669 per month (U.S. Census Bureau ACS 2023).
What percentage of Albany town residents have a college degree?
12.2% of adults in Albany town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,984
Median Income
$56,356
Median Home Value
$103,600
Poverty Rate
2.7%
Unemployment (ACS 2023)
3.6%
Median Age
50.0 yrs
Since 2019 Median Income: +$6,324 (+12.6%) Home Value: +$32,200 (+45.1%) Poverty Rate: -2.6 pp (-49.1%) Bachelor's+: -4.6 pp (-27.4%) Unemployment: -5.2 pp (-59.1%)

Demographics

Total Population 2,984
Median Age 50.0
Female 55.0%
Race & Ethnicity
Hispanic or Latino 2.3% White (non-Hisp.) 95.6% Black 0.2% Asian 0.6% Two or More 2.1% Other 0.5%
Asian Subgroups (% of total pop.)
Indian
0.5%
Korean
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
0.8%
Mexican
0.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $56,356 ±$2,965
-$13,695 vs. state
Per Capita Income $71,860
Median Family Income $64,487
Poverty Rate 2.7%
-5.7 pp vs. state
Child Poverty Rate 8.9%
Working-Age Poverty Rate
SNAP Recipients 10.5%
Social Security Income
Retirement Income 34.0%
Household Income Distribution
< $10k
8.0%
$10–15k
2.4%
$15–25k
7.9%
$25–35k
5.6%
$35–50k
13.3%
$50–75k
27.7%
$75–100k
19.8%
$100–150k
13.0%
$150–200k
1.3%
$200k+
1.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,446
Owner-Occupied 81.9%
Renter-Occupied 18.1%
Vacancy Rate 10.4%
Median Home Value $103,600
-$98,000 vs. state
Median Gross Rent $669
Owner Cost Burden (30%+) 7.2%
Renter Cost Burden (30%+) 36.8%
Home Value Distribution
< $50k
6.8%
$50–100k
40.2%
$100–200k
33.8%
$200–300k
5.4%
$300–500k
2.3%
$500k–$1M
0.6%
Gross Rent Distribution
< $500
28.3%
$500–1k
48.6%
$1–1.5k
23.1%
Vehicle Availability
No vehicle
3.6%
1 vehicle
31.5%
2 vehicles
44.4%
3+
20.5%
Housing Type
Single-fam. det.
83.9%
Single-fam. att.
0.6%
2–4 units
1.1%
20+ units
1.5%
Mobile home
5.8%
Housing Age
Pre-1940
20.3%
1940–1969
1.6%
1970–1999
27.5%
2000–2009
4.8%
2010+
2.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 91.8%
Bachelor's or Higher 12.2%
-16.6 pp vs. state
Graduate Degree 2.7%
Some College / Associate 21.2%
Less Than High School 1.4%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 51.8%
Unemployment Rate 3.6%
-0.7 pp vs. state
Work from Home 9.1%
Self-Employed 1.7%
Government Workers 11.0%
Private For-Profit 87.3%
Industry
Edu/Health
31.3%
Manufacturing
17.6%
Retail
13.9%
Prof. Services
10.1%
Arts/Entmt.
7.3%
Construction
4.6%
Transportation
4.6%
Public Admin
3.0%
Finance
2.3%
Wholesale
1.8%
Agriculture
1.1%
Occupation
Management
25.5%
Food Prep
25.1%
Production
21.8%
Sales
19.1%
Construction
8.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 30.3 min
Drove Alone 81.4%
Carpool 6.8%
Public Transit 0.0%
Work from Home 9.1%
Walked 0.0%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,296
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 53.1%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 11.6%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
3.0%
5–9
4.3%
10–14
7.4%
15–19
5.2%
20–24
3.9%
25–34
10.3%
35–44
8.3%
45–54
12.4%
55–64
9.9%
65–74
7.3%
75–84
15.9%
85+
9.9%
Under 18: 17.3% Working age (18–64): 82.7% 65 and over: 28.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 0.7%
Naturalized Citizen 27.3%
Speaks English Less Than Very Well 0.4%
Foreign-Born Origin
Asia
86.4%
Latin America
13.6%

Veterans & Disability

Veteran 11.9%
With a Disability 23.4%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 94.6%
Uninsured 5.4%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 86.7%
Has a Computer 94.7%
Same House 1 Year Ago 91.5%
Moved from Abroad 0.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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