Albany, Kentucky Demographics & Population 2026
During the 2020–2024 ACS period, Albany, Kentucky had a total population of 1,896, the 176th largest city in Kentucky, with a median household income of $44,007, which is 31% lower than the state average. The poverty rate is 13.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 31% below the state average, indicating significant economic challenges.
Albany Quick Facts
How Albany Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,972 | 1,896 | -3.9% |
| Median household income | $40,301 | $44,007 | +9.2% |
| Median home value | $102,500 | $111,100 | +8.4% |
How Albany Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 33 | National average: 61
Education
Educational Attainment (Adults 25+)
Albany Rankings in Kentucky
Explore Kentucky Rankings
Cities Similar to Albany
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Elkton | 1,924 | $48,777 | $125,000 | 16.7% | 18.2% |
| Sturgis | 1,864 | $36,780 | $84,500 | 14.4% | 16.4% |
| Munfordville | 1,893 | $32,621 | $119,000 | 10.4% | 33.3% |
| Auburn | 1,794 | $53,897 | $122,900 | 16.2% | 19.9% |
| Greensburg | 2,106 | $39,419 | $140,400 | 14.1% | 21.4% |
Population Overview
Albany is a small community located in Kentucky, within Clinton County. The total population is 1,896. It ranks as the 176th most populous out of 552 Census-designated places in Kentucky.
Age Demographics
The median age in Albany is 46.4 years. This is 19% higher than the state median of 39.1 years. Only 14.8% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Albany is $44,007. This is 31% lower than the state median of $63,726. It is also 45% lower than the national median of $80,734. The poverty rate stands at 13.6%. This is 16% lower than the state poverty rate of 16.1%. The unemployment rate is 3.3%. This is 33% lower than the state rate of 4.9%. The median home value is $111,100. Housing costs are 46% lower than the state median of $205,600. With a home-value-to-income ratio of just 2.5x, Albany is one of the most affordable housing markets in the area. 40.8% of occupied housing units are owner-occupied. This homeownership rate is 40% lower than the state average of 68.3%.
Race & Ethnicity
Albany has a predominantly White (non-Hispanic) population, comprising 91.1% of all residents. Hispanic or Latino residents account for 4.5%.
Education
14.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 73.9%.
Data Sources & Methodology
All demographic data for Albany, Kentucky is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Albany, Kentucky?
Albany, Kentucky has a population of 1,896 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Albany, KY?
The median household income in Albany is $44,007, which is 45% lower than the national median of $80,734.
What is the poverty rate in Albany, KY?
The poverty rate in Albany is 13.6%. This means approximately 246 residents live below the federal poverty line.
What is the racial makeup of Albany, Kentucky?
Albany's population is 91.1% White, 0.0% Black, 4.5% Hispanic/Latino, and 1.0% Asian.
What is the median home value in Albany, KY?
The median home value in Albany is $111,100. The home-value-to-income ratio is 2.5x.
How educated is Albany, Kentucky?
14.4% of adults (25+) in Albany hold a bachelor's degree or higher, and 6.2% hold a graduate or professional degree.