Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.0 yrs |
|---|---|
| Avg HH Size | 2.67 |
| Below Poverty | 4.3% ▼ 57% below avg |
| College Grads | 40.0% ≈ Avg |
| Unemployment | 4.1% ▼ 16% below avg |
| No HS Diploma | 12 (0.4%) |
| HS Graduate | 1,199 (38.4%) |
| Some College | 219 (7%) |
| Associates | 443 (14.2%) |
| Bachelors | 584 (18.7%) |
| Graduate Degree | 664 (21.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $89,563 ▲ 17% above avg |
|---|---|
| Median Home Value | $268,600 ≈ Avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $596/mo |
| Total Housing Units | 2,058 |
| Vacant Units | 122 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Albany is a city in Minnesota, located in Stearns County. The city spans 1 ZIP code and is home to approximately 5,227 residents. It is a middle-aged city, with a median age of 39 years.
Economically, Albany is a middle-income community. The median household income of $89,563 is above the national average. Approximately 4.3% of residents live below the poverty line. The unemployment rate is 4.1%, below the national average.
The real estate market in Albany is a mid-range housing market. Median home values stand at $268,600, which is near the national average. Renters typically pay around $596 per month. Homeownership is high at 78.6%, typical of suburban and family-oriented communities.
The population of Albany is moderately educated. 40.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.43%).
Albany, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56307 | 5,227 | $89,563 | $268,600 | $596 | 4.1% | 40.0% | 78.6% |