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Albany city, Minnesota

City

Population: 2,800 (2023 estimate)

Located in Minnesota , Minnesota

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.

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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 $75,417 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Albany city?
The poverty rate in Albany city is 2.3% (U.S. Census Bureau ACS 2023).
What is the median home value in Albany city?
$226,000 (U.S. Census Bureau ACS 2023).
What is the average rent in Albany city?
The median gross rent in Albany city is $579 per month (U.S. Census Bureau ACS 2023).
What percentage of Albany city residents have a college degree?
22.4% of adults in Albany city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,800
Median Income
$75,417
Median Home Value
$226,000
Poverty Rate
2.3%
Unemployment (ACS 2023)
0.0%
Median Age
38.0 yrs
Since 2019 Median Income: +$12,738 (+20.3%) Home Value: +$70,100 (+45%) Poverty Rate: -3.0 pp (-56.6%) Bachelor's+: +1.1 pp (+5.2%) Unemployment: -0.6 pp (-100%)

Demographics

Total Population 2,800
Median Age 38.0
Female 55.8%
Race & Ethnicity
Hispanic or Latino 1.8% White (non-Hisp.) 92.7% Black 0.3% Asian 1.4% Two or More 5.5% Other 0.3%
Asian Subgroups (% of total pop.)
Korean
1.2%
Indian
0.2%

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

Income & Poverty

Median Household Income $75,417 ±$18,474
-$12,139 vs. state
Per Capita Income $105,402
Median Family Income $111,208
Poverty Rate 2.3%
-3.2 pp vs. state
Child Poverty Rate 4.1%
Working-Age Poverty Rate
SNAP Recipients 6.2%
Social Security Income
Retirement Income 25.4%
Household Income Distribution
< $10k
2.8%
$10–15k
1.7%
$15–25k
11.7%
$25–35k
10.3%
$35–50k
13.5%
$50–75k
9.9%
$75–100k
7.8%
$100–150k
32.1%
$150–200k
6.5%
$200k+
3.6%

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

Housing

Total Housing Units 1,202
Owner-Occupied 70.1%
Renter-Occupied 29.9%
Vacancy Rate 4.4%
Median Home Value $226,000
-$79,500 vs. state
Median Gross Rent $579
Owner Cost Burden (30%+) 6.5%
Renter Cost Burden (30%+) 11.7%
Home Value Distribution
< $50k
3.7%
$50–100k
2.2%
$100–200k
6.8%
$200–300k
47.5%
$300–500k
20.2%
$1M+
1.1%
Gross Rent Distribution
< $500
27.2%
$500–1k
62.5%
$1–1.5k
8.7%
$2–2.5k
1.5%
Vehicle Availability
No vehicle
6.5%
1 vehicle
35.2%
2 vehicles
33.4%
3+
24.8%
Housing Type
Single-fam. det.
65.4%
Single-fam. att.
3.7%
2–4 units
1.2%
5–19 units
7.0%
20+ units
11.1%
Mobile home
2.8%
Housing Age
Pre-1940
15.0%
1940–1969
3.9%
1970–1999
12.2%
2000–2009
29.5%
2010+
8.7%

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

Education

High School or Higher 94.1%
Bachelor's or Higher 22.4%
-16.4 pp vs. state
Graduate Degree 5.3%
Some College / Associate 20.3%
Less Than High School 1.9%
Enrolled in School

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

Employment

Labor Force Participation 65.9%
Unemployment Rate 0.0%
-3.9 pp vs. state
Work from Home 6.5%
Self-Employed 3.7%
Government Workers 9.2%
Private For-Profit 87.2%
Industry
Edu/Health
22.1%
Construction
13.9%
Retail
10.1%
Manufacturing
9.4%
Finance
8.9%
Arts/Entmt.
7.5%
Prof. Services
7.2%
Transportation
6.9%
Agriculture
4.9%
Wholesale
4.0%
Public Admin
1.9%
Information
0.7%
Occupation
Management
35.2%
Sales
21.0%
Construction
17.1%
Food Prep
13.5%
Production
13.2%

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

Commute

Median Travel Time 26.5 min
Drove Alone 83.1%
Carpool 5.3%
Public Transit 0.0%
Work from Home 6.5%
Walked 5.1%
Bicycle

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

Households & Families

Total Households 1,149
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 43.2%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 22.5%
Multigenerational

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

Age Distribution

Under 5
6.3%
5–9
8.7%
10–14
10.3%
15–19
5.2%
20–24
4.8%
25–34
10.9%
35–44
14.3%
45–54
9.8%
55–64
6.1%
65–74
3.2%
75–84
8.0%
85+
9.5%
Under 18: 28.6% Working age (18–64): 71.4% 65 and over: 20.5%

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

Social Characteristics

Immigration

Foreign Born 2.8%
Naturalized Citizen 100.0%
Speaks English Less Than Very Well 1.4%
Foreign-Born Origin
Latin America
51.9%
Asia
48.1%

Veterans & Disability

Veteran 7.4%
With a Disability 13.7%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 97.6%
Uninsured 2.4%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 86.2%
Has a Computer 86.9%
Same House 1 Year Ago 92.0%
Moved from Abroad 0.0%

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

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