Albany city, Minnesota Demographics & Population 2026
As of 2026, Albany city, Minnesota has a total population of 2,800, the 216th largest city in Minnesota, with a median household income of $75,417, which is 14% lower than the state average. The poverty rate is 3.6%.
Key Takeaways
- An exceptionally low poverty rate of 3.6% — among the lowest in Minnesota.
- Near full employment with an unemployment rate of just 0.0%.
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: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Albany city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Stearns County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| St. Cloud city | 69,926 | $61,112 | 18.5% | $212,800 |
| Sartell city | 19,620 | $77,465 | 8.1% | $278,000 |
| St. Anthony city (Hennepin and Ramsey Counties) | 9,516 | $97,784 | 3.5% | $365,700 |
| Waite Park city | 8,341 | $56,884 | 24.1% | $217,000 |
| St. Joseph city | 7,024 | $75,217 | 21.6% | $240,300 |
| Sauk Centre city | 4,589 | $65,763 | 15.4% | $196,000 |
| Cold Spring city | 4,201 | $72,022 | 9.9% | $242,000 |
| Melrose city | 3,608 | $58,107 | 8.6% | $198,300 |
| St. Augusta city | 3,576 | $116,384 | 4.2% | $323,400 |
| Rockville city | 2,521 | $101,447 | 5.0% | $327,400 |
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 |
|---|---|---|---|---|---|
| Dodge Center city | 2,864 | $77,552 | $175,900 | 15.7% | 5.0% |
| Cokato city | 2,780 | $71,090 | $216,100 | 14.5% | 12.5% |
| Caledonia city | 2,825 | $69,792 | $148,500 | 17.7% | 9.2% |
| Mountain Iron city | 2,865 | $81,607 | $180,700 | 22.9% | 9.3% |
| Barnesville city | 2,757 | $83,333 | $218,300 | 30.5% | 6.4% |
Population Overview
Albany city is a small community located in Minnesota, within Stearns County. The total population is 2,800. It ranks as the 216th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Albany city is 38.7 years. This is about average than the state median of 38.6 years. With 28.6% of the population under 18, Albany city has a notably young demographic profile, suggesting a family-oriented community. 12.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Albany city is $75,417. This is 14% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 4% lower. The poverty rate stands at 3.6%. This is 61% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.9%. The median home value is $226,000. Housing costs are 26% lower than the state median of $305,500. The home-value-to-income ratio is 3.0x. 70.1% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 72.4%.
Race & Ethnicity
Albany city has a predominantly White (non-Hispanic) population, comprising 92.7% of all residents. Hispanic or Latino residents account for 1.8%. The Black or African American population (0.3%) is well below the state average of 6.7%. The Hispanic or Latino population (1.8%) is well below the state average of 6.2%. The Asian population (1.4%) is well below the state average of 5.0%.
Education
22.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.1%.
Data Sources & Methodology
All demographic data for Albany city, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Albany city, Minnesota?
Albany city, Minnesota has a population of 2,800 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Albany city, MN?
The median household income in Albany city is $75,417, which is 4% lower the national median of $78,538.
What is the poverty rate in Albany city, MN?
The poverty rate in Albany city is 3.6%. This means approximately 98 residents live below the federal poverty line.
What is the racial makeup of Albany city, Minnesota?
Albany city's population is 92.7% White, 0.3% Black, 1.8% Hispanic/Latino, and 1.4% Asian.
What is the median home value in Albany city, MN?
The median home value in Albany city is $226,000. The home-value-to-income ratio is 3.0x.
How educated is Albany city, Minnesota?
22.4% of adults (25+) in Albany city hold a bachelor's degree or higher, and 5.3% hold a graduate or professional degree.