Albany city, Kentucky Demographics & Population 2026
As of 2026, Albany city, Kentucky has a total population of 1,972, the 177th largest city in Kentucky, with a median household income of $40,301, which is 35% lower than the state average. The poverty rate is 23.2%.
Key Takeaways
- Household income is 35% below the state average, indicating significant economic challenges.
Albany city Quick Facts
How Albany city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 60
Education
Educational Attainment (Adults 25+)
Albany city Rankings in Kentucky
Explore Kentucky Rankings
Cities Similar to Albany city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Owingsville city | 1,977 | $40,150 | $92,700 | 13.4% | 20.3% |
| Hickman city | 2,033 | N/A | $68,700 | 13.9% | 39.8% |
| Sturgis city | 1,827 | $43,938 | $83,400 | 11.6% | 18.3% |
| Dawson Springs city | 1,973 | $31,607 | $73,500 | 5.0% | 26.9% |
| Coal Run Village city | 1,888 | $47,212 | $120,700 | 22.7% | 27.8% |
Population Overview
Albany city is a small community located in Kentucky. The total population is 1,972. It ranks as the 177th most populous out of 552 cities and towns in Kentucky.
Age Demographics
The median age in Albany city is 46.2 years. This is 18% higher than the state median of 39.1 years.
Economy, Income & Housing
The median household income in Albany city is $40,301. This is 35% lower than the state median of $62,417. Compared to the national median of $78,538, household income here is 49% lower. The poverty rate stands at 23.2%. This is 43% higher than the state poverty rate of 16.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.2%. This is 14% lower than the state rate of 4.8%. The median home value is $102,500. Housing costs are 47% lower than the state median of $192,300. With a home-value-to-income ratio of just 2.5x, Albany city is one of the most affordable housing markets in the area. 41.4% of occupied housing units are owner-occupied. This homeownership rate is 39% lower than the state average of 68.3%.
Race & Ethnicity
Albany city has a predominantly White (non-Hispanic) population, comprising 91.3% of all residents. Hispanic or Latino residents account for 4.6%. The Asian population (0.3%) is well below the state average of 1.5%.
Education
16.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 27.0%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 73.1%.
Data Sources & Methodology
All demographic data for Albany city, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Albany city, Kentucky?
Albany city, Kentucky has a population of 1,972 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Albany city, KY?
The median household income in Albany city is $40,301, which is 49% lower the national median of $78,538.
What is the poverty rate in Albany city, KY?
The poverty rate in Albany city is 23.2%. This means approximately 434 residents live below the federal poverty line.
What is the racial makeup of Albany city, Kentucky?
Albany city's population is 91.3% White, 0.0% Black, 4.6% Hispanic/Latino, and 0.3% Asian.
What is the median home value in Albany city, KY?
The median home value in Albany city is $102,500. The home-value-to-income ratio is 2.5x.
How educated is Albany city, Kentucky?
16.9% of adults (25+) in Albany city hold a bachelor's degree or higher, and 7.7% hold a graduate or professional degree.