Living in Albany, Georgia
Cost of living, income, home prices, rent and demographics of Albany · Census data 2020–2024
Albany has 67,224 residents with a median age of 34.9. The median household income is $47,240 (39% lower than the Georgia median), the median home value is $124,300, the median rent is $931/month.
Albany at a glance
- Population
- 67,224
- Median age
- 34.9State: 37.6
- Median household income
- $47,240State: $77,353
- Median home value
- $124,300State: $303,300
- Median rent
- $931/moState: $1,393
- Homeowners
- 37.7%
- Bachelor's degree or higher
- 21.4%
- Average commute
- 20 min
Is Albany a good place to live?
Pros: Home values 59% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 39% lower than the Georgia median; unemployment of 11.2%; a poverty rate of 27.5%.
The weather is best in March–April and October–November.
Cost of living in Albany
Housing is the biggest part of the cost of living. In Albany the median home value is $124,300, 63% lower than the U.S. median. Renters pay a median of $931 per month, which is 29.7% of household income. Homeowners with a mortgage pay $1,314 a month in housing costs.
Albany median household income
The median household income in Albany is $47,240 and the income per person is $25,040. 27.5% of residents live below the poverty line (Georgia: 13.4%).
Housing in Albany: homes for sale and rent
- Housing units
- 32,959
- Owner-occupied
- 37.7%
- Renter-occupied
- 62.3%
- Vacant
- 16.4%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.29
Albany demographics
- Population
- 67,224
- Median age
- 34.9
- Under 18
- 24.8%
- 65 and older
- 16.3%
- Households
- 27,538
- Foreign-born
- 2%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Albany ›
Education in Albany
21.4% of adults 25 and older in Albany have a bachelor's degree or higher (Georgia: 34.9%), and 10.1% have a graduate or professional degree.
Jobs and commute in Albany
- Unemployment rate
- 11.2%State: 5.1%
- Average commute
- 20 minState: 28 min
- Work from home
- 9.2%
- Drive alone
- 75.7%
- Public transit
- 0.8%
- Walk to work
- 1.3%
- Homes with broadband
- 80.5%
Albany vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Albany | 67,224 | $47,240 | $124,300 | $931 |
| Putney | 3,150 | $68,627 | $134,600 | $1,049 |
| Leesburg | 3,542 | $79,460 | $199,200 | $1,055 |
| Baconton | 790 | $56,667 | $87,900 | $731 |
| Sasser | 327 | $29,290 | $108,200 | $617 |
| Sylvester | 5,489 | $58,417 | $115,900 | $896 |
| Newton | 479 | $28,594 | $87,700 | $602 |
| Dawson | 4,247 | $28,533 | $106,200 | $745 |
| Bronwood | 338 | $45,625 | $76,000 | $708 |
More for people moving to Albany
Albany ZIP code ›Weather and climate ›Living in Albany: FAQ
What is the median household income in Albany, GA?
The median household income in Albany is $47,240, 39% lower than the Georgia median of $77,353 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Albany?
The median home value in Albany is $124,300, compared with $303,300 in Georgia.
How much is rent in Albany?
The median gross rent in Albany is $931 per month, about 29.7% of household income.
Is Albany, GA a good place to live?
Pluses: home values 59% lower than the state median; an average commute of 20 minutes. Minuses: median household income 39% lower than the Georgia median; unemployment of 11.2%; a poverty rate of 27.5%.
What is the median age in Albany?
The median age in Albany is 34.9 years (Georgia: 37.6).
How long is the commute in Albany?
The average commute to work in Albany is 20 minutes; 9.2% of workers work from home.
What is the unemployment rate in Albany?
The unemployment rate in Albany is 11.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Albany?
21.4% of adults in Albany have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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