Albany
Albany city, Oregon
Albany, Oregon, offers a refreshing alternative to the frenetic pace and soaring costs of many US cities. Nestled in the heart of the Willamette Valley, this charming city of just over 56,000 residents strikes a perfect balance between small-town tranquility and convenient access to big-city amenities. Imagine a life where a median home value of around $321,600—significantly below the national average—allows you to own a comfortable home without breaking the bank. With a median household income hovering around $69,777, families and individuals find that their dollars stretch further, affording a higher quality of life. Albany's slower pace, coupled with its natural beauty and friendly atmosphere, fosters a strong sense of community, making it an ideal place to raise a family or simply enjoy a more relaxed lifestyle.
From an investment perspective, Albany presents a compelling case. The housing market is stable, and the city’s steady growth suggests continued appreciation. While specific unemployment rates are not available, the local economy benefits from a mix of industries, including agriculture, manufacturing, and technology. The city boasts a low crime rate, contributing to a secure environment for residents. Albany is particularly well-suited for first-time homebuyers, young families, and those seeking a more affordable and less stressful lifestyle without sacrificing access to modern conveniences. With its proximity to larger cities like Portland and Salem, Albany offers the best of both worlds: a peaceful retreat with easy access to urban excitement.
Albany, Oregon at a Glance
Albany is a city in Albany city, Oregon with a population of approximately 56,348. The median home value is $321,600 and the median household income is $69,777.. The violent crime rate is 0.1 per 1,000 residents, which is 97% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $719 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$321,600
Median Income
$69,777
Population
56,348
Walk Score
N/A
Air Quality
AQI 39
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 56,348
- Median Age
- N/A
- Median Household Income
- $69,777
6% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 11.9%
4% below nat'l avg
- Median Home Value
- $321,600
14% above nat'l avg
- Median Rent
- $719
38% below nat'l avg
- Homeownership Rate
- 80.0%
21% above nat'l avg
- Affordability Index
- 89
11% below nat'l avg
- Violent Crime Rate
- 0.1 per 1K
97% below nat'l avg
- Property Crime Rate
- 0.2 per 1K
99% below nat'l avg
- AQI
- 39
7% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 60.39
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 8.9¢/kWh
46% below nat'l avg
- Est. Monthly Electric
- $80
42% below nat'l avg
- Unemployment Rate
- 6.7%
81% above nat'l avg
- Poverty Rate
- 11.9%
4% below nat'l avg
Weather & Climate in Albany
Avg High
55°F
Avg Low
36°F
Annual Rainfall
73.6"
Avg Humidity
74%
Political Landscape
→ Politically stable
Based on Linn County county-level presidential election data
Culture & Things to Do in Albany
River Rhythms Concert Series
Free summer concert series held in Albany's Riverfront Park.
North Albany Village Fair
Annual community festival with crafts, food, and entertainment.
Christmas Storybook Land
Holiday event featuring animated displays and festive activities.
Summer in the City
A series of free events and activities throughout the summer months.
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