Albany vs Cold Spring

A side-by-side comparison of Albany and Cold Spring: population, income, housing, and more.

Albany and Cold Spring are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Cold Spring has the higher population (4,201 vs 2,800 in Albany). Albany has the higher median household income ($75,417 vs $72,022 in Cold Spring). Cold Spring has the higher median home value ($242,000 vs $226,000 in Albany).

Population, income & housing

	Albany	Cold Spring
Population	2,800	4,201
Median age	38.7 yrs	40.9 yrs
Median household income	$75,417	$72,022
Median home value	$226,000	$242,000
Median gross rent	$579	$1,297
Housing units	1,202	1,802
Homeownership rate	70.1%	68.9%
Bachelor's degree or higher	22.4%	29.1%
Unemployment rate	0.0%	3.8%

Trends (ACS 5-year, 2019–2023)

	Albany	Cold Spring
Population	2,729 → 2,800 (+2.6%)	4,189 → 4,201 (+0.3%)
Median household income	$62,679 → $75,417 (+20.3%)	$61,548 → $72,022 (+17.0%)
Median home value	$155,900 → $226,000 (+45.0%)	$170,300 → $242,000 (+42.1%)
Median gross rent	$493 → $579 (+17.4%)	$942 → $1,297 (+37.7%)

Albany

Population

2,7292,800

Median household income

$62,679$75,417

Median home value

$155,900$226,000

Median gross rent

$493$579

Cold Spring

Population

4,1894,201

Median household income

$61,548$72,022

Median home value

$170,300$242,000

Median gross rent

$942$1,297

Age & race/ethnicity

Age distribution (share)

	Albany	Cold Spring
Under 5	6.3%	8.4%
5 to 17	22.4%	15.4%
18 to 24	6.6%	9.7%
25 to 34	10.9%	11.1%
35 to 44	14.3%	11.7%
45 to 54	9.8%	10.0%
55 to 64	9.4%	13.7%
65 to 74	8.0%	6.0%
75 and over	12.4%	13.9%

Race & ethnicity (share)

	Albany	Cold Spring
White (non-Hispanic)	92.7%	92.5%
Black or African American	0.3%	0.1%
American Indian & Alaska Native	0.0%	0.2%
Asian	1.4%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	3.9%	1.4%
Hispanic or Latino	1.8%	5.8%

Educational attainment (age 25+)

Share of adults 25+

	Albany	Cold Spring
No high school diploma	5.9%	7.7%
High school graduate	32.6%	25.6%
Some college or associate's	39.1%	37.6%
Bachelor's degree	17.0%	22.9%
Graduate or professional degree	5.3%	6.2%

Commute to work

How workers get to work (share)

	Albany	Cold Spring
Drove alone	83.1%	86.7%
Carpooled	5.3%	2.4%
Public transit	0.0%	0.4%
Walked	5.1%	3.0%
Bicycle	0.0%	0.0%
Worked from home	6.5%	6.7%
Other means	0.0%	0.9%

Housing

Units in structure (share)

	Albany	Cold Spring
1-unit, detached	65.4%	65.1%
1-unit, attached	3.7%	9.4%
2 to 4 units	4.5%	2.7%
5 to 19 units	12.6%	5.1%
20 or more units	11.1%	15.4%
Mobile home & other	2.8%	2.2%

Poverty & households

	Albany	Cold Spring
Poverty rate	3.6%	9.9%
Average household size	2.38	2.38
Mean commute (minutes)	26	22
Median year structure built	1987	1990