Albany

Population: 2,800
Median household income: $75,417
Median home value: $226,000

Located in Stearns County, Minnesota, Albany is a community with a population of 2,800. At $75,417, its median household income sits in line with Stearns County's $76,447.

From 2019 to 2023, Albany's population grew 2.6% from 2,729 to 2,800, while its median home value rose 45.0% from $155,900 to $226,000.

22.4% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 70.1% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 2,800
Median age: 38.7 yrs
Median household income: $75,417
Median home value: $226,000
Median gross rent: $579
Housing units: 1,202
Homeownership rate: 70.1%
Bachelor's degree or higher: 22.4%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

2,7292,800

Median household income

$62,679$75,417

Median home value

$155,900$226,000

Median gross rent

$493$579

Year	Population	Median household income	Median home value	Median gross rent
2019	2,729	$62,679	$155,900	$493
2020	2,735	$65,000	$161,500	$494
2021	2,769	$70,000	$175,700	$522
2022	2,795	$78,977	$207,500	$550
2023	2,800	$75,417	$226,000	$579

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

Age distribution

Under 56.3%

5 to 1722.4%

18 to 246.6%

25 to 3410.9%

35 to 4414.3%

45 to 549.8%

55 to 649.4%

65 to 748.0%

75 and over12.4%

	Count	Share
Under 5	175	6.3%
5 to 17	626	22.4%
18 to 24	185	6.6%
25 to 34	305	10.9%
35 to 44	401	14.3%
45 to 54	273	9.8%
55 to 64	262	9.4%
65 to 74	225	8.0%
75 and over	348	12.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	2,595	92.7%
Black or African American	7	0.3%
American Indian & Alaska Native	0	0.0%
Asian	38	1.4%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	109	3.9%
Hispanic or Latino (any race)	51	1.8%

Educational attainment (age 25+)

No high school diploma5.9%

High school graduate32.6%

Some college or associate's39.1%

Bachelor's degree17.0%

Graduate or professional degree5.3%

	Count	Share
No high school diploma	107	5.9%
High school graduate	592	32.6%
Some college or associate's	709	39.1%
Bachelor's degree	309	17.0%
Graduate or professional degree	97	5.3%

Commute to work

Mean travel time to work: 26 min

Drove alone83.1%

Carpooled5.3%

Public transit0.0%

Walked5.1%

Bicycle0.0%

Worked from home6.5%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,106	83.1%
Carpooled	70	5.3%
Public transit	0	0.0%
Walked	68	5.1%
Bicycle	0	0.0%
Worked from home	87	6.5%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	351	28.2%
15 to 29 min	351	28.2%
30 to 44 min	398	32.0%
45 to 59 min	75	6.0%
60+ min	69	5.5%

Households

Average household size: 2.38
Poverty rate: 3.6% (98 of 2,728)

	Count	Share
Family households	689	60.0%
Nonfamily households	460	40.0%

Housing

Median year structure built: 1987

Occupancy

	Count	Share
Occupied	1,149	95.6%
Vacant	53	4.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	805	70.1%
Renter-occupied	344	29.9%

1-unit, detached65.4%

1-unit, attached3.7%

2 to 4 units4.5%

5 to 19 units12.6%

20 or more units11.1%

Mobile home & other2.8%

Units in structure

	Count	Share
1-unit, detached	786	65.4%
1-unit, attached	44	3.7%
2 to 4 units	54	4.5%
5 to 19 units	151	12.6%
20 or more units	133	11.1%
Mobile home & other	34	2.8%

Geography

Place GEOID: 2700622
Type (LSAD): 25
Land area: 2.18 sq mi
Water area: 0.11 sq mi
Center point: 45.6267, -94.5632