Living in Albertville, Minnesota
Cost of living, income, home prices, rent and demographics of Albertville · Census data 2020–2024
Albertville has 8,207 residents with a median age of 37.3. The median household income is $132,734 (49% higher than the Minnesota median), the median home value is $343,700, the median rent is $1,348/month.
Albertville at a glance
- Population
- 8,207
- Median age
- 37.3State: 38.8
- Median household income
- $132,734State: $89,062
- Median home value
- $343,700State: $329,300
- Median rent
- $1,348/moState: $1,280
- Homeowners
- 88.2%
- Bachelor's degree or higher
- 44.7%
- Average commute
- 32 min
Is Albertville a good place to live?
Pros: Median household income 49% higher than the Minnesota median; unemployment of 0.2%; a poverty rate of 1.1%.
Cons: Home values 4% higher than the state median; an average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Albertville
Housing is the biggest part of the cost of living. In Albertville the median home value is $343,700, 3% higher than the U.S. median. Renters pay a median of $1,348 per month, which is 23.9% of household income. Homeowners with a mortgage pay $2,076 a month in housing costs.
Albertville median household income
The median household income in Albertville is $132,734 and the income per person is $53,701. 1.1% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Albertville: homes for sale and rent
- Housing units
- 3,118
- Owner-occupied
- 88.2%
- Renter-occupied
- 11.8%
- Vacant
- 4.3%Includes seasonal homes
- Median year built
- 1999
- Average household size
- 2.75
Albertville demographics
- Population
- 8,207
- Median age
- 37.3
- Under 18
- 26%
- 65 and older
- 8.4%
- Households
- 2,983
- Foreign-born
- 3%
- Veterans
- 3.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Albertville ›
Education in Albertville
44.7% of adults 25 and older in Albertville have a bachelor's degree or higher (Minnesota: 39.4%), and 11.1% have a graduate or professional degree.
Jobs and commute in Albertville
- Unemployment rate
- 0.2%State: 4.1%
- Average commute
- 32 minState: 23 min
- Work from home
- 20.5%
- Drive alone
- 70.3%
- Public transit
- 0.1%
- Walk to work
- 0%
- Homes with broadband
- 96.3%
Albertville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Albertville | 8,207 | $132,734 | $343,700 | $1,348 |
| Otsego | 22,245 | $119,927 | $396,700 | $1,765 |
| St. Michael | 20,010 | $131,274 | $390,100 | $1,483 |
| Hanover | 3,626 | $156,536 | $447,900 | $1,853 |
| Rogers | 13,685 | $158,750 | $459,700 | $1,789 |
| Monticello | 14,858 | $79,534 | $323,700 | $1,405 |
| Elk River | 26,793 | $108,741 | $370,100 | $1,283 |
| Big Lake | 12,367 | $120,549 | $330,200 | $1,340 |
| Corcoran | 7,302 | $133,423 | $569,400 | — |
More for people moving to Albertville
Albertville ZIP code ›Weather and climate ›Living in Albertville: FAQ
What is the median household income in Albertville, MN?
The median household income in Albertville is $132,734, 49% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Albertville?
The median home value in Albertville is $343,700, compared with $329,300 in Minnesota.
How much is rent in Albertville?
The median gross rent in Albertville is $1,348 per month, about 23.9% of household income.
Is Albertville, MN a good place to live?
Pluses: median household income 49% higher than the Minnesota median; unemployment of 0.2%; a poverty rate of 1.1%. Minuses: home values 4% higher than the state median; an average commute of 32 minutes.
What is the median age in Albertville?
The median age in Albertville is 37.3 years (Minnesota: 38.8).
How long is the commute in Albertville?
The average commute to work in Albertville is 32 minutes; 20.5% of workers work from home.
What is the unemployment rate in Albertville?
The unemployment rate in Albertville is 0.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Albertville?
44.7% of adults in Albertville 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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