What is the median home price in Albany?

The median home price in Albany, Albany city, Georgia is $111,200, which is 61% below the national average of 281,900 ($281,900).

Albany, Albany city, Georgia has a violent crime rate of 0.0 per 1,000 residents, which is 100% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 8.8 per 1,000 residents.

What is the median household income in Albany?

The median household income in Albany, Albany city, Georgia is $43,724, which is 41% below the national average of 74,580 ($74,580).

What is the average rent in Albany?

The median rent in Albany, Albany city, Georgia is $877 per month. The national average median rent is $1,163/month.

What is the air quality in Albany?

Albany, Albany city, Georgia has an Air Quality Index (AQI) of 29, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Albany?

The population of Albany, Albany city, Georgia is approximately 68,926. The homeownership rate is 91.0% (national average: 65.9%).

What are the climate risks in Albany?

Albany, Albany city, Georgia has an overall climate risk rating of "Very Low" with a risk score of 17.95. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Albany affordable?

Albany, Albany city, Georgia has an affordability index of 294, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 11.8¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Albany?

The unemployment rate in Albany, Albany city, Georgia is 10.3%. The national average unemployment rate is 3.7%. The poverty rate is 29.6% (national average: 12.4%).

Albany

Albany city, Georgia

Affordable

About Albany

Alright, let me paint you a picture of Albany, Georgia. Imagine a place where your dollar stretches further than you ever thought possible. Here, in this charming Southern city, you'll find a median home value of just $111,200 – that's a steal compared to the national average! Picture yourself settling into a community where affordability isn't just a perk, it's a way of life. Albany offers a relaxed pace, a friendly atmosphere, and a chance to truly enjoy the simple pleasures. It’s a place where neighbors still wave from their porches and the local BBQ joint is always buzzing with conversation.

From an investment perspective, Albany presents a compelling case. While the median household income sits at $43,724, the low cost of living makes this a fantastic place to build equity. The housing market is stable, and the city is ideal for those seeking an affordable lifestyle with a strong sense of community. Albany is perfect for first-time homebuyers, retirees looking to downsize, or anyone seeking a more relaxed and budget-friendly way of life. With its blend of Southern charm and financial practicality, Albany is a gem waiting to be discovered.

Albany, Georgia at a Glance

Albany is a city in Albany city, Georgia with a population of approximately 68,926. The median home value is $111,200 and the median household income is $43,724.. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very Low." Median rent is $877 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.