Living in Albany, Oklahoma

Cost of living, income, home prices, rent and demographics of Albany · Census data 2020–2024

Albany has 169 residents with a median age of 49.8. The median household income is $46,607 (28% lower than the Oklahoma median), the median home value is $85,000.

Albany is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Albany at a glance

Population
169
Median age
49.8State: 37
Median household income
$46,607State: $65,039
Median home value
$85,000State: $199,800
Homeowners
78.7%
Bachelor's degree or higher
5.4%

Is Albany a good place to live?

Pros: Home values 57% lower than the state median; a poverty rate of 5.3%.

Cons: Median household income 28% lower than the Oklahoma median.

The weather is best in April–May and September–October.

Cost of living in Albany

Housing is the biggest part of the cost of living. In Albany the median home value is $85,000, 74% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,236 a month in housing costs.

Median home value

Albany$85,000
Oklahoma$199,800
United States$332,700

Median monthly rent

Oklahoma$1,014
United States$1,413

Albany median household income

The median household income in Albany is $46,607 and the income per person is $24,911. 5.3% of residents live below the poverty line (Oklahoma: 15.3%).

Median household income

Albany$46,607
Oklahoma$65,039
United States$80,734

Housing in Albany: homes for sale and rent

Housing units
75
Owner-occupied
78.7%
Renter-occupied
21.3%
Vacant
0%Includes seasonal homes
Median year built
1986
Average household size
2.25

Albany demographics

Population
169
Median age
49.8
Under 18
12.4%
65 and older
18.3%
Households
75
Foreign-born
0%
Veterans
11.5%Adults 18+

Race and ethnicity

White84%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Albany ›

Education in Albany

5.4% of adults 25 and older in Albany have a bachelor's degree or higher (Oklahoma: 28.3%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Albany5.4%
Oklahoma28.3%
United States35.7%

Jobs and commute in Albany

Unemployment rate
0%State: 5%
Average commute
—State: 22 min
Work from home
0%
Drive alone
100%
Public transit
0%
Walk to work
0%
Homes with broadband
42.7%

Albany vs nearby towns

TownPopulationMedian incomeHome valueRent
Albany169$46,607$85,000—
Bokchito536$41,250$97,700$755
Bennington329$25,250$70,900$850
Kemp179$38,929$116,700—
Achille394$48,125$76,900$943
Ravenna272$67,500$132,800—
Durant19,746$46,812$163,200$953
Calera3,007$64,449$157,600$1,089
Armstrong101$41,875$75,000$388

More for people moving to Albany

Albany ZIP code ›Weather and climate ›

Living in Albany: FAQ

What is the median household income in Albany, OK?

The median household income in Albany is $46,607, 28% lower than the Oklahoma median of $65,039 (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 $85,000, compared with $199,800 in Oklahoma.

Is Albany, OK a good place to live?

Pluses: home values 57% lower than the state median; a poverty rate of 5.3%. Minuses: median household income 28% lower than the Oklahoma median.

What is the median age in Albany?

The median age in Albany is 49.8 years (Oklahoma: 37).

What is the unemployment rate in Albany?

The unemployment rate in Albany is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Albany?

5.4% 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.

Last updated: