Living in Albany, New Hampshire
Cost of living, income, home prices, rent and demographics of Albany · Census data 2020–2024
Albany has 790 residents with a median age of 46.5. The median household income is $67,639 (32% lower than the New Hampshire median), the median home value is $248,300, the median rent is $1,194/month.
Albany is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Albany at a glance
- Population
- 790
- Median age
- 46.5State: 43.3
- Median household income
- $67,639State: $99,031
- Median home value
- $248,300State: $402,500
- Median rent
- $1,194/moState: $1,491
- Homeowners
- 69.3%
- Bachelor's degree or higher
- 37.7%
- Average commute
- 22 min
Is Albany a good place to live?
Pros: Home values 38% lower than the state median; an average commute of 22 minutes; unemployment of 2%.
Cons: Median household income 32% lower than the New Hampshire median; a poverty rate of 14.3%.
The weather is best in June to September.
Cost of living in Albany
Housing is the biggest part of the cost of living. In Albany the median home value is $248,300, 25% lower than the U.S. median. Renters pay a median of $1,194 per month, which is 28.9% of household income. Homeowners with a mortgage pay $1,665 a month in housing costs.
Albany median household income
The median household income in Albany is $67,639 and the income per person is $35,273. 14.3% of residents live below the poverty line (New Hampshire: 7.2%).
Housing in Albany: homes for sale and rent
- Housing units
- 530
- Owner-occupied
- 69.3%
- Renter-occupied
- 30.7%
- Vacant
- 33.6%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.24
33.6% of homes are vacant most of the year, a sign that Albany has many vacation and second homes.
Albany demographics
- Population
- 790
- Median age
- 46.5
- Under 18
- 11.3%
- 65 and older
- 13.8%
- Households
- 352
- Foreign-born
- 0.6%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Albany ›
Education in Albany
37.7% of adults 25 and older in Albany have a bachelor's degree or higher (New Hampshire: 40.6%), and 12.4% have a graduate or professional degree.
Jobs and commute in Albany
- Unemployment rate
- 2%State: 3.3%
- Average commute
- 22 minState: 27 min
- Work from home
- 16.2%
- Drive alone
- 75.7%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 87.2%
Albany vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Albany | 790 | $67,639 | $248,300 | $1,194 |
| Tamworth | 2,884 | $68,036 | $366,800 | $1,110 |
| Madison | 2,680 | $102,697 | $388,700 | $1,556 |
| Bartlett | 3,281 | $59,754 | $371,400 | $1,676 |
| Waterville Valley | 290 | $105,625 | $562,500 | $1,150 |
| North Conway | 2,041 | $71,198 | $435,000 | $966 |
| Conway | 10,141 | $64,385 | $314,000 | $1,095 |
| Sandwich | 1,757 | $140,694 | $437,700 | $1,679 |
| Eaton | 501 | $79,063 | $377,300 | — |
More for people moving to Albany
Albany ZIP code ›Weather and climate ›Living in Albany: FAQ
What is the median household income in Albany, NH?
The median household income in Albany is $67,639, 32% lower than the New Hampshire median of $99,031 (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 $248,300, compared with $402,500 in New Hampshire.
How much is rent in Albany?
The median gross rent in Albany is $1,194 per month, about 28.9% of household income.
Is Albany, NH a good place to live?
Pluses: home values 38% lower than the state median; an average commute of 22 minutes; unemployment of 2%. Minuses: median household income 32% lower than the New Hampshire median; a poverty rate of 14.3%.
What is the median age in Albany?
The median age in Albany is 46.5 years (New Hampshire: 43.3).
How long is the commute in Albany?
The average commute to work in Albany is 22 minutes; 16.2% of workers work from home.
What is the unemployment rate in Albany?
The unemployment rate in Albany is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Albany?
37.7% 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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