Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Albany, MN

Comprehensive demographics, housing data, local amenities, and economic statistics for Albany.

← Back to Albany Hub

Community Insights

High Incomes
$85k/year
top 30% nationally
Leading Industries
Wholesale Trade · Transportation · Manufacturing
16% wholesale trade
Home Value Growth⬆⬆⬆
+26.6% over 2 years
Family-Friendly
26% of residents
above average nationally
Homeowners
74% of occupied units

People & Demographics

Total Population2,794
Households—
Under 18
26.0%
Age 18–34
27.0%
Age 35–64
31.0%
Age 65+
16.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$265,600
Median Gross Rent$642/mo
Owner Occupied
73.7%
Renter Occupied
26.3%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$85,208
Poverty Rate—

Key Industries

Healthcare6.0%
Professional Services1.0%
Manufacturing1.0%
Retail15.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities59 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
17.0%
Master's or Higher
4.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Albany?›

The total population of Albany is approximately 2,794. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Albany walkable and transit-friendly?›

Based on local geographic data, Albany has an amenity and walkability score of 59/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Albany?›

The housing market in Albany is predominantly driven by homeowners, with 74% of housing units being owner-occupied and 26% being renter-occupied.

What is the education level of residents in Albany?›

In Albany, approximately 17% of adult residents hold a bachelor's degree or higher. Additionally, 4% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.