Albertville, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Albertville, Minnesota had a total population of 8,207, the 118th largest city in Minnesota, with a median household income of $132,734, which is 49% higher than the state average. The poverty rate is 1.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 49% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 1.1% — among the lowest in Minnesota.
- 44.7% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
- Near full employment with an unemployment rate of just 0.2%.
Albertville Quick Facts
How Albertville 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 | 8,066 | 8,207 | +1.7% |
| Median household income | $126,307 | $132,734 | +5.1% |
| Median home value | $326,400 | $343,700 | +5.3% |
How Albertville 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: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Albertville Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Wright County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Otsego | 22,245 | $119,927 | 3.5% | $396,700 |
| St. Michael | 20,010 | $131,274 | 3.2% | $390,100 |
| Buffalo | 16,499 | $88,820 | 8.9% | $314,400 |
| Monticello | 14,858 | $79,534 | 6.8% | $323,700 |
| Delano | 6,942 | $109,946 | 4.0% | $375,200 |
| Montrose | 3,888 | $102,625 | 5.3% | $275,700 |
| Annandale | 3,399 | $65,583 | 8.9% | $251,800 |
| Cokato | 2,782 | $70,288 | 14.4% | $223,300 |
| Waverly | 2,285 | $112,222 | 10.6% | $323,100 |
| Maple Lake | 2,042 | $93,750 | 4.4% | $246,800 |
Cities Similar to Albertville
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mahtomedi | 8,133 | $123,319 | $476,000 | 64.7% | 3.8% |
| St. Francis | 8,372 | $111,198 | $327,600 | 17.4% | 7.1% |
| Corcoran | 7,302 | $133,423 | $569,400 | 54.6% | 3.5% |
| Wyoming | 8,087 | $107,565 | $365,700 | 37.3% | 3.7% |
| Orono | 8,195 | $173,527 | $1,004,500 | 72.0% | 6.2% |
Population Overview
Albertville is a small city located in Minnesota, within Wright County. The total population is 8,207. It ranks as the 118th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Albertville is 37.3 years. This is 4% lower than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Albertville is $132,734. This is 49% higher than the state median of $89,062. It is also 64% higher than the national median of $80,734. The poverty rate stands at 1.1%. This is 88% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.2%. This is 95% lower than the state rate of 4.1%. The median home value is $343,700. Housing costs are 4% higher than the state median of $329,300. With a home-value-to-income ratio of just 2.6x, Albertville is one of the most affordable housing markets in the area. 88.2% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 72.2%.
Race & Ethnicity
Albertville has a predominantly White (non-Hispanic) population, comprising 87.7% of all residents. Black or African American residents account for 2.5%. The Black or African American population (2.5%) is well below the state average of 7.0%. The Hispanic or Latino population (2.0%) is well below the state average of 6.4%. The Asian population (1.0%) is well below the state average of 5.1%.
Education
44.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Albertville in the top 10% of all cities in the state for educational attainment. This is 13% higher 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 97.0%.
Data Sources & Methodology
All demographic data for Albertville, 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 Albertville, Minnesota?
Albertville, Minnesota has a population of 8,207 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Albertville, MN?
The median household income in Albertville is $132,734, which is 64% higher than the national median of $80,734.
What is the poverty rate in Albertville, MN?
The poverty rate in Albertville is 1.1%. This means approximately 90 residents live below the federal poverty line.
What is the racial makeup of Albertville, Minnesota?
Albertville's population is 87.7% White, 2.5% Black, 2.0% Hispanic/Latino, and 1.0% Asian.
What is the median home value in Albertville, MN?
The median home value in Albertville is $343,700. The home-value-to-income ratio is 2.6x.
How educated is Albertville, Minnesota?
44.7% of adults (25+) in Albertville hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.