Population 7,012 · Census ACS 2020–24
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Population and households in Albany
Household size in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 2.42 | 2.51 | 2.68 |
| 2010–14 | 2.56 | 2.53 | 2.73 |
| 2015–19 | 2.50 | 2.52 | 2.71 |
| 2020–24 | 2.38 | 2.51 | 2.65 |
| Change | −0.04 | −0.00 | −0.03 |
Albany is a place of small households, averaging 2.38 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has edged down from 2.42 in 2006–10, in line with the national trend. The biggest households, usually families with children, are concentrated in the northeast.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 41.2 | 38.5 | 37.7 |
| 2010–14 | 40.9 | 39.3 | 38.6 |
| 2015–19 | 42.4 | 40.0 | 39.6 |
| 2020–24 | 40.3 | 39.9 | 40.1 |
| Change | −1.0 | +1.5 | +2.3 |
Half of the people in Albany are younger than 40.3 and half are older, close to the national median of 40.1. Since 2006–10, the median age has dropped from 41.2, even as the national median rose. The youngest areas are in the northeast, the oldest in the southeast.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 14.8% | 11.7% | 12.3% |
| 2010–14 | 14.5% | 11.9% | 12.3% |
| 2015–19 | 10.2% | 11.8% | 11.6% |
| 2020–24 | 9.6% | 11.9% | 11.6% |
| Change | −5.2 pts | +0.2 pts | −0.6 pts |
Single parents head about one in ten households in Albany (9.6%), below the national share of 11.6%. Since 2006–10, the single-parent share has fallen 5.2 points, a much bigger shift than nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Albany
Renters in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 27.8% | 30.1% | 33.3% |
| 2010–14 | 26.7% | 32.3% | 35.6% |
| 2015–19 | 33.0% | 32.8% | 36.0% |
| 2020–24 | 31.5% | 31.7% | 34.8% |
| Change | +3.7 pts | +1.5 pts | +1.5 pts |
Most households in Albany own their homes; 31.5% rent, a little below the national share of 34.8%. Among homeowners, 61.8% have no mortgage at all, well above the national share of 39.8%. Renting is most common in the west and least common in the northeast. Since 2006–10, the renter share has risen 3.7 points, as it has nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 21.4% | 12.2% | 11.4% |
| 2010–14 | 25.3% | 11.9% | 11.4% |
| 2015–19 | 25.1% | 12.3% | 11.1% |
| 2020–24 | 20.0% | 10.6% | 9.6% |
| Change | −1.4 pts | −1.6 pts | −1.8 pts |
Vacancy is high in Albany: 20.0% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Of the 146 Kentucky cities with 5,000+ people, only four have a higher vacancy rate.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 1972 | 1977 | 1974 |
| 2010–14 | 1975 | 1979 | 1975 |
| 2015–19 | 1985 | 1980 | 1977 |
| 2020–24 | 1984 | 1982 | 1980 |
| Change | +11 | +5 | +6 |
The typical home in Albany was built around 1984, about the same vintage as the country's housing overall (1980). The median year built has moved up from 1972 in 2006–10, a sign of steady new building. Newer construction is concentrated in the northeast, while the southeast has the oldest housing.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | $374 | $657 | $965 |
| 2010–14 | $572 | $728 | $1,040 |
| 2015–19 | $464 | $814 | $1,213 |
| 2020–24 | $655 | $1,024 | $1,571 |
| Change | +$281 | +$367 | +$606 |
Rent in Albany runs $655 a month at the median, utilities included, well below the U.S. median of $1,571. Rent has climbed $281 a month since 2006–10, up 75%, faster than rents rose nationally. Rent takes 30.6% of the typical renter's income, just over the 30% mark often used to define affordable rent. The priciest rents are in the southwest; the most affordable are in the center.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Albany
Bachelor's degrees in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 4.6% | 21.3% | 28.4% |
| 2010–14 | 9.6% | 22.5% | 29.6% |
| 2015–19 | 9.3% | 24.5% | 32.1% |
| 2020–24 | 16.5% | 27.6% | 35.6% |
| Change | +11.9 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Albany: 16.5% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. The share with a degree is up 11.9 points from 2006–10, mirroring the country.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 57.8% | 81.7% | 84.9% |
| 2010–14 | 67.2% | 83.9% | 86.1% |
| 2015–19 | 72.5% | 86.4% | 87.7% |
| 2020–24 | 78.3% | 88.8% | 89.3% |
| Change | +20.5 pts | +7.2 pts | +4.3 pts |
More than one in five adults in Albany never finished high school, well above the national share: only 78.3% have a diploma or equivalent, against 89.3% nationally. The share with a diploma is up 20.5 points from 2006–10, a much bigger shift than nationally. Of the 146 Kentucky cities with 5,000+ people, only six have a lower share of high school graduates.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Albany
| Period | Albany | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 10.0% | 8.4% | 8.1% |
| 2010–14 | 10.1% | 9.5% | 9.4% |
| 2015–19 | 6.2% | 5.8% | 5.6% |
| 2020–24 | 4.8% | 5.1% | 5.4% |
| Change | −5.2 pts | −3.3 pts | −2.7 pts |
Unemployment in Albany is close to the national rate: 4.8% of the labor force, against 5.4%. Unemployment is down 5.2 points from 2006–10, as it has nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Albany compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Albany | 2.38 | 40.3 | 9.6% | 31.5% | 20.0% | 1984 | $655 | 16.5% | 78.3% | 4.8% |
| Bug | 2.46 | 44.5 | 9.6% | 35.2% | 20.5% | 1978 | $777 | 11.4% | 70.4% | 5.6% |
| Highway | 2.26 | 42.3 | 9.7% | 9.1% | 30.1% | 1995 | $883 | 14.8% | 84.0% | 4.3% |
| Seventy Six | 2.53 | 39.5 | 5.4% | 13.1% | 3.1% | 1991 | $791 | 21.7% | 82.4% | 2.9% |
| Savage | 2.29 | 51.5 | 10.7% | 24.0% | 16.8% | 1967 | $500 | 17.0% | 67.8% | 7.3% |
| Aaron | 1.92 | 51.1 | 5.4% | 16.3% | 26.6% | 1989 | $708 | 38.6% | 87.5% | 6.2% |
| Hobart | 2.05 | 48.7 | 12.1% | 11.3% | 33.3% | 1995 | $611 | 23.2% | 89.5% | 3.0% |
| Green Grove | 1.84 | 54.4 | 12.4% | 9.4% | 33.4% | 1997 | $523 | 25.2% | 85.4% | 1.7% |
| Alpha | 2.62 | 31.9 | 13.5% | 22.4% | 12.9% | 1993 | $641 | 15.1% | 78.3% | 7.8% |
| Windy | 2.53 | 39.7 | 18.3% | 19.3% | 22.1% | 1973 | $761 | 6.6% | 71.6% | 1.5% |
| Watauga | 2.64 | 29.8 | 15.6% | 15.6% | 15.2% | 1993 | $671 | 18.1% | 80.8% | 9.5% |
All figures 2020–24.
Cities with similar populations: Willcox, AZ · Oneida, TN · Pocomoke City, MD · Port Isabel, TX · Port Matilda, PA · Montpelier, VA · Eureka, IL · Prescott, WI · Wilton, CA · Grant, AL
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Albany. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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