Albany

Population: 2,984
Median household income: $56,356
Median home value: $103,600

Albany is a community in Delaware County, Indiana, home to 2,984 residents. At $56,356, its median household income sits in line with Delaware County's $56,932.

From 2019 to 2023, Albany's population grew 42.5% from 2,094 to 2,984, while its median home value rose 45.1% from $71,400 to $103,600.

The typical home was built around 1968. 7.7% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 2,984
Median age: 50.5 yrs
Median household income: $56,356
Median home value: $103,600
Median gross rent: $669
Housing units: 1,446
Homeownership rate: 81.9%
Bachelor's degree or higher: 12.2%
Unemployment rate: 3.6%

Trends

ACS 5-year · 2019–2023

Population

2,0942,984

Median household income

$50,032$56,356

Median home value

$71,400$103,600

Median gross rent

$653$669

Year	Population	Median household income	Median home value	Median gross rent
2019	2,094	$50,032	$71,400	$653
2020	2,365	$48,483	$83,000	$576
2021	2,866	$50,096	$87,400	$675
2022	2,854	$53,246	$95,000	$761
2023	2,984	$56,356	$103,600	$669

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.0%

5 to 1714.2%

18 to 246.5%

25 to 3410.3%

35 to 448.3%

45 to 5412.4%

55 to 6417.2%

65 to 7415.9%

75 and over12.1%

	Count	Share
Under 5	91	3.0%
5 to 17	424	14.2%
18 to 24	195	6.5%
25 to 34	308	10.3%
35 to 44	248	8.3%
45 to 54	369	12.4%
55 to 64	513	17.2%
65 to 74	474	15.9%
75 and over	362	12.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,853	95.6%
Black or African American	6	0.2%
American Indian & Alaska Native	0	0.0%
Asian	19	0.6%
Native Hawaiian & Pacific Islander	1	0.0%
Some other race	0	0.0%
Two or more races	35	1.2%
Hispanic or Latino (any race)	70	2.3%

Educational attainment (age 25+)

No high school diploma8.2%

High school graduate49.8%

Some college or associate's29.8%

Bachelor's degree9.5%

Graduate or professional degree2.7%

	Count	Share
No high school diploma	187	8.2%
High school graduate	1,132	49.8%
Some college or associate's	678	29.8%
Bachelor's degree	216	9.5%
Graduate or professional degree	61	2.7%

Commute to work

Mean travel time to work: 30 min

Drove alone81.4%

Carpooled6.8%

Public transit0.0%

Walked0.0%

Bicycle1.7%

Worked from home9.1%

Other means1.0%

How workers get to work

	Count	Share
Drove alone	988	81.4%
Carpooled	83	6.8%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	21	1.7%
Worked from home	110	9.1%
Other means	12	1.0%

Travel time

	Count	Share
Under 15 min	172	15.6%
15 to 29 min	518	46.9%
30 to 44 min	266	24.1%
45 to 59 min	47	4.3%
60+ min	101	9.1%

Households

Average household size: 2.23
Poverty rate: 7.7% (223 of 2,890)

	Count	Share
Family households	882	68.1%
Nonfamily households	414	31.9%

Housing

Median year structure built: 1968

Occupancy

	Count	Share
Occupied	1,296	89.6%
Vacant	150	10.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,062	81.9%
Renter-occupied	234	18.1%

1-unit, detached83.9%

1-unit, attached0.6%

2 to 4 units5.3%

5 to 19 units3.0%

20 or more units1.5%

Mobile home & other5.8%

Units in structure

	Count	Share
1-unit, detached	1,213	83.9%
1-unit, attached	8	0.6%
2 to 4 units	76	5.3%
5 to 19 units	44	3.0%
20 or more units	21	1.5%
Mobile home & other	84	5.8%

Geography

Place GEOID: 1800802
Type (LSAD): 43
Land area: 1.98 sq mi
Water area: 0.01 sq mi
Center point: 40.3060, -85.2322