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Albert Lea, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Albert Lea, Minnesota had a total population of 18,330, the 65th largest city in Minnesota, with a median household income of $64,603, which is 27% lower than the state average. The poverty rate is 12.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Albert Lea Quick Facts

Population 18,330
Median Household Income $64,603
Median Home Value $157,500
Poverty Rate 12.8%
Unemployment Rate 5.7%
Median Age 44.3 years
Homeownership Rate 74.1%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 17.4%
High School Graduation Rate 89.4%
Diversity Index 40/100
Population 18,330 65th of 914
Median Income $64,603 average
Poverty Rate 12.8% 3% higher than national
Median Home Value $157,500 average

How Albert Lea Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population18,37918,330-0.3%
Median household income$62,522$64,603+3.3%
Median home value$150,400$157,500+4.7%

How Albert Lea Compares

Economy & Housing

Household Income Distribution

Under $25K 17.3%
$25K-$50K 22.9%
$50K-$100K 30.9%
$100K+ 28.9%
Detailed income brackets
Under $10K
5.6%
$10K-$15K
3.5%
$15K-$20K
3.9%
$20K-$25K
4.3%
$25K-$30K
5.8%
$30K-$35K
4.8%
$35K-$40K
4.1%
$40K-$45K
4.3%
$45K-$50K
3.8%
$50K-$60K
6.7%
$60K-$75K
11.7%
$75K-$100K
12.6%
$100K-$125K
9.9%
$125K-$150K
7.4%
$150K-$200K
5.6%
$200K+
6.0%

Employment

5.7% Unemployment Rate State: 4.1%|National: 5.2%
57.4% Labor Force Participation

Housing Overview

Owner 74.1%
Renter 25.9%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $857/mo 15.9% of median household income annually

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Albert Lea Rankings in Minnesota

#65 Population of 914
#515 Median Income of 887
#555 Education of 914
#515 Home Value of 870

Other Cities in Freeborn County

CityPopulationMedian IncomePovertyHome Value
Clarks Grove 636 $73,750 13.5% $123,400
Alden 629 $73,250 4.5% $128,400
Glenville 572 $56,563 9.0% $123,300
Hartland 422 $86,250 6.4% $166,900
Geneva 387 $61,500 10.3% $182,500
Emmons 363 $57,969 20.1% $106,700
Freeborn 348 $50,000 30.1% $88,800
Hollandale 340 $64,375 13.3% $151,500
Hayward 231 $61,250 12.6% $114,000
Twin Lakes 158 $55,089 21.5% N/A

Cities Similar to Albert Lea

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Anoka17,970$75,948$308,70026.6%8.3%
Hopkins18,819$75,234$375,60045.6%12.1%
Red Wing16,758$67,192$237,30025.3%13.8%
Willmar21,378$62,280$198,40025.3%13.1%
West St. Paul21,382$68,464$301,30035.5%8.8%

Population Overview

Albert Lea is a small city located in Minnesota, within Freeborn County. The total population is 18,330. It ranks as the 65th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Albert Lea is 44.3 years. This is 14% higher than the state median of 38.8 years. 12.8% 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 Albert Lea is $64,603. This is 27% lower than the state median of $89,062. It is also 20% lower than the national median of $80,734. The poverty rate stands at 12.8%. This is 37% higher than the state poverty rate of 9.3%. The unemployment rate is 5.7%. This is 41% higher than the state rate of 4.1%. The median home value is $157,500. Housing costs are 52% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.4x, Albert Lea is one of the most affordable housing markets in the area. 74.1% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Albert Lea is White (non-Hispanic), making up 76.0% of the population. Hispanic or Latino residents account for 14.7%. The Black or African American population (2.3%) is well below the state average of 7.0%. The Hispanic or Latino population is significantly higher than the state average (14.7% vs 6.4%).

Education

17.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.4%.

Data Sources & Methodology

All demographic data for Albert Lea, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. 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 Albert Lea, Minnesota?

Albert Lea, Minnesota has a population of 18,330 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Albert Lea, MN?

The median household income in Albert Lea is $64,603, which is 20% lower than the national median of $80,734.

What is the poverty rate in Albert Lea, MN?

The poverty rate in Albert Lea is 12.8%. This means approximately 2,278 residents live below the federal poverty line.

What is the racial makeup of Albert Lea, Minnesota?

Albert Lea's population is 76.0% White, 2.3% Black, 14.7% Hispanic/Latino, and 4.9% Asian.

What is the median home value in Albert Lea, MN?

The median home value in Albert Lea is $157,500. The home-value-to-income ratio is 2.4x.

How educated is Albert Lea, Minnesota?

17.4% of adults (25+) in Albert Lea hold a bachelor's degree or higher, and 6.1% hold a graduate or professional degree.