Albany vs Paynesville

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

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

Albany has the higher population (2,800 vs 2,476 in Paynesville). Albany has the higher median household income ($75,417 vs $72,105 in Paynesville). Albany has the higher median home value ($226,000 vs $168,800 in Paynesville).

Population, income & housing

	Albany	Paynesville
Population	2,800	2,476
Median age	38.7 yrs	40.6 yrs
Median household income	$75,417	$72,105
Median home value	$226,000	$168,800
Median gross rent	$579	$791
Housing units	1,202	1,236
Homeownership rate	70.1%	69.2%
Bachelor's degree or higher	22.4%	27.9%
Unemployment rate	0.0%	2.3%

Trends (ACS 5-year, 2019–2023)

	Albany	Paynesville
Population	2,729 → 2,800 (+2.6%)	2,503 → 2,476 (-1.1%)
Median household income	$62,679 → $75,417 (+20.3%)	$51,208 → $72,105 (+40.8%)
Median home value	$155,900 → $226,000 (+45.0%)	$129,400 → $168,800 (+30.4%)
Median gross rent	$493 → $579 (+17.4%)	$642 → $791 (+23.2%)

Albany

Population

2,7292,800

Median household income

$62,679$75,417

Median home value

$155,900$226,000

Median gross rent

$493$579

Paynesville

Population

2,5032,476

Median household income

$51,208$72,105

Median home value

$129,400$168,800

Median gross rent

$642$791

Age & race/ethnicity

Age distribution (share)

	Albany	Paynesville
Under 5	6.3%	6.6%
5 to 17	22.4%	12.3%
18 to 24	6.6%	12.0%
25 to 34	10.9%	14.8%
35 to 44	14.3%	8.4%
45 to 54	9.8%	8.2%
55 to 64	9.4%	9.9%
65 to 74	8.0%	12.4%
75 and over	12.4%	15.5%

Race & ethnicity (share)

	Albany	Paynesville
White (non-Hispanic)	92.7%	88.1%
Black or African American	0.3%	0.4%
American Indian & Alaska Native	0.0%	0.4%
Asian	1.4%	0.8%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	3.9%	4.7%
Hispanic or Latino	1.8%	5.5%

Educational attainment (age 25+)

Share of adults 25+

	Albany	Paynesville
No high school diploma	5.9%	6.9%
High school graduate	32.6%	33.9%
Some college or associate's	39.1%	31.3%
Bachelor's degree	17.0%	19.7%
Graduate or professional degree	5.3%	8.2%

Commute to work

How workers get to work (share)

	Albany	Paynesville
Drove alone	83.1%	83.1%
Carpooled	5.3%	3.3%
Public transit	0.0%	0.1%
Walked	5.1%	5.6%
Bicycle	0.0%	0.0%
Worked from home	6.5%	7.8%
Other means	0.0%	0.2%

Housing

Units in structure (share)

	Albany	Paynesville
1-unit, detached	65.4%	66.1%
1-unit, attached	3.7%	6.9%
2 to 4 units	4.5%	1.9%
5 to 19 units	12.6%	14.6%
20 or more units	11.1%	10.2%
Mobile home & other	2.8%	0.2%

Poverty & households

	Albany	Paynesville
Poverty rate	3.6%	5.5%
Average household size	2.38	2.18
Mean commute (minutes)	26	22
Median year structure built	1987	1970