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Albany, New York Demographics & Population 2026

During the 2020–2024 ACS period, Albany, New York had a total population of 100,492, the 6th largest city in New York, with a median household income of $61,986, which is 28% lower than the state average. The poverty rate is 22.9%.

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

Albany Quick Facts

Population 100,492
Median Household Income $61,986
Median Home Value $234,700
Poverty Rate 22.9%
Unemployment Rate 7.8%
Median Age 32.0 years
Homeownership Rate 38.2%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 45.3%
High School Graduation Rate 91.3%
Diversity Index 67/100
Population 100,492 6th of 1,289
Median Income $61,986 bottom 30%
Poverty Rate 22.9% 84% higher than national
Median Home Value $234,700 average

How Albany 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
Population100,081100,492+0.4%
Median household income$59,485$61,986+4.2%
Median home value$223,000$234,700+5.2%

How Albany Compares

Economy & Housing

Household Income Distribution

Under $25K 24.6%
$25K-$50K 16.2%
$50K-$100K 28.9%
$100K+ 30.3%
Detailed income brackets
Under $10K
9.7%
$10K-$15K
6.1%
$15K-$20K
4.4%
$20K-$25K
4.4%
$25K-$30K
2.5%
$30K-$35K
3.3%
$35K-$40K
3.6%
$40K-$45K
3.5%
$45K-$50K
3.2%
$50K-$60K
7.7%
$60K-$75K
9.7%
$75K-$100K
11.6%
$100K-$125K
8.8%
$125K-$150K
6.5%
$150K-$200K
8.1%
$200K+
6.9%

Employment

7.8% Unemployment Rate State: 6.4%|National: 5.2%
63.4% Labor Force Participation

Housing Overview

Owner 38.2%
Renter 61.8%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $1,216/mo 23.5% of median household income annually

People & Demographics

Diversity Index

67out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 61

Education

Albany Rankings in New York

#6 Population of 1,289
#920 Median Income of 1,219
#419 Education of 1,288
#634 Home Value of 1,232

Other Cities in Albany County

CityPopulationMedian IncomePovertyHome Value
Cohoes 18,159 $61,145 25.9% $223,400
Latham 13,802 $104,899 9.0% $326,900
Roessleville 10,968 $96,058 6.7% $264,500
Loudonville 10,527 $142,829 3.3% $391,200
Watervliet 10,287 $57,919 18.4% $179,700
Westmere 8,334 $88,378 7.2% $313,400
Colonie 7,702 $103,983 7.4% $285,400
Menands 4,505 $80,583 5.4% $271,300
Ravena 3,243 $77,217 5.8% $209,100
Green Island 2,970 $59,406 20.6% $138,300

Cities Similar to Albany

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cheektowaga76,056$68,613$185,50029.6%10.7%
Schenectady68,847$58,399$168,80025.4%23.8%
Mount Vernon72,427$78,779$484,00035.9%14.8%
New Rochelle82,769$109,167$702,50051.6%10.1%
Syracuse146,384$47,819$138,40031.3%28.8%

Population Overview

Albany is a major urban center located in New York, within Albany County. The total population is 100,492. It ranks as the 6th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Albany is 32.0 years. This is 20% lower than the state median of 39.8 years. Only 13.9% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Albany is $61,986. This is 28% lower than the state median of $85,974. It is also 23% lower than the national median of $80,734. The poverty rate stands at 22.9%. This is 64% higher than the state poverty rate of 14.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 7.8%. This is 22% higher than the state rate of 6.4%. The median home value is $234,700. Housing costs are 45% lower than the state median of $423,800. The home-value-to-income ratio is 3.8x. 38.2% of occupied housing units are owner-occupied. This homeownership rate is 30% lower than the state average of 54.4%.

Race & Ethnicity

The largest racial or ethnic group in Albany is White (non-Hispanic), making up 50.1% of the population. Black or African American residents account for 24.6%. The Black or African American population is significantly higher than the state average (24.6% vs 13.4%).

Education

45.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% higher than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.3%. Notably, 21.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Albany, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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, New York?

Albany, New York has a population of 100,492 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Albany, NY?

The median household income in Albany is $61,986, which is 23% lower than the national median of $80,734.

What is the poverty rate in Albany, NY?

The poverty rate in Albany is 22.9%. This means approximately 20,772 residents live below the federal poverty line.

What is the racial makeup of Albany, New York?

Albany's population is 50.1% White, 24.6% Black, 11.0% Hispanic/Latino, and 7.7% Asian.

What is the median home value in Albany, NY?

The median home value in Albany is $234,700. The home-value-to-income ratio is 3.8x.

How educated is Albany, New York?

45.3% of adults (25+) in Albany hold a bachelor's degree or higher, and 21.2% hold a graduate or professional degree.