Albany city, Missouri Demographics & Population 2026
As of 2026, Albany city, Missouri has a total population of 1,855, the 282nd largest city in Missouri, with a median household income of $46,905, which is 32% lower than the state average. The poverty rate is 17.9%.
Key Takeaways
- Household income is 32% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 2.1x.
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: 39 | National average: 60
Education
Educational Attainment (Adults 25+)
Albany city Rankings in Missouri
Explore Missouri 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 |
|---|---|---|---|---|---|
| Memphis city | 1,860 | $49,598 | $117,200 | 17.1% | 12.7% |
| Bernie city | 1,772 | $45,223 | $90,800 | 14.9% | 26.3% |
| Milan city | 1,883 | $52,647 | $89,700 | 15.0% | 12.5% |
| Seneca city | 1,938 | $49,821 | $112,300 | 10.1% | 19.1% |
| Huntsville city | 1,806 | $52,266 | $101,500 | 11.5% | 16.5% |
Population Overview
Albany city is a small community located in Missouri. The total population is 1,855. It ranks as the 282nd most populous out of 1,062 cities and towns in Missouri.
Age Demographics
The median age in Albany city is 40.7 years. This is 5% higher than the state median of 38.9 years. 10.6% 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 $46,905. This is 32% lower than the state median of $68,920. Compared to the national median of $78,538, household income here is 40% lower. The poverty rate stands at 17.9%. This is 42% higher than the state poverty rate of 12.6%. The unemployment rate is 2.9%. This is 29% lower than the state rate of 4.1%. The median home value is $96,700. Housing costs are 55% lower than the state median of $215,600. With a home-value-to-income ratio of just 2.1x, Albany city is one of the most affordable housing markets in the area. 68.9% of occupied housing units are owner-occupied. This homeownership rate is 1% higher than the state average of 67.9%.
Race & Ethnicity
Albany city has a predominantly White (non-Hispanic) population, comprising 93.6% of all residents. Hispanic or Latino residents account for 4.0%. The Black or African American population (0.5%) is well below the state average of 11.0%.
Education
22.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 31.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.3%.
Data Sources & Methodology
All demographic data for Albany city, Missouri 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 Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Albany city, Missouri?
Albany city, Missouri has a population of 1,855 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Albany city, MO?
The median household income in Albany city is $46,905, which is 40% lower the national median of $78,538.
What is the poverty rate in Albany city, MO?
The poverty rate in Albany city is 17.9%. This means approximately 325 residents live below the federal poverty line.
What is the racial makeup of Albany city, Missouri?
Albany city's population is 93.6% White, 0.5% Black, 4.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Albany city, MO?
The median home value in Albany city is $96,700. The home-value-to-income ratio is 2.1x.
How educated is Albany city, Missouri?
22.7% of adults (25+) in Albany city hold a bachelor's degree or higher, and 10.8% hold a graduate or professional degree.