What is the median home price in Albany?

The median home price in Albany, Albany city, Minnesota is $207,500, which is 26% below the national average of 281,900 ($281,900).

Albany, Albany city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the Walk Score for Albany?

Albany, Albany city, Minnesota has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 26/100.

What is the median household income in Albany?

The median household income in Albany, Albany city, Minnesota is $78,977, which is 6% above the national average of 74,580 ($74,580).

What is the average rent in Albany?

The median rent in Albany, Albany city, Minnesota is $550 per month. The national average median rent is $1,163/month.

What is the air quality in Albany?

Albany, Albany city, Minnesota has an Air Quality Index (AQI) of 38, 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, Minnesota is approximately 2,795. The homeownership rate is 75.6% (national average: 65.9%).

What are the climate risks in Albany?

Albany, Albany city, Minnesota has an overall climate risk rating of "Relatively Moderate" with a risk score of 77.17. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

What is the unemployment rate in Albany?

The unemployment rate in Albany, Albany city, Minnesota is 0.7%. The national average unemployment rate is 3.7%. The poverty rate is 3.9% (national average: 12.4%).

Albany

Albany city, Minnesota

Affordable

About Albany

As a local, I can tell you that Albany, Minnesota offers a refreshing alternative to the hustle and bustle of larger cities. Imagine a place where the median home value sits comfortably at $207,500, a significant bargain compared to the national average. This affordability, coupled with a median household income of $78,977, allows residents to enjoy a comfortable lifestyle without the financial strain often associated with urban living. The town's small population of 2,795 fosters a strong sense of community, where neighbors know each other and the pace of life allows you to savor each day.

From an investment perspective, Albany presents a compelling opportunity. The housing market is stable, and the town's commitment to safety and quality of life ensures a desirable environment for families and individuals seeking a peaceful haven. While specific employment figures are not available, the local economy supports a variety of industries, and the town's proximity to larger employment centers provides additional opportunities. Albany is ideal for those seeking a close-knit community, a low cost of living, and a slower pace—a perfect setting to put down roots and build a fulfilling life.

Albany, Minnesota at a Glance

Albany is a city in Albany city, Minnesota with a population of approximately 2,795. The median home value is $207,500 and the median household income is $78,977. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $550 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.