Albany, Minnesota Population 2020

2,742

Albany is a city located in Minnesota. With a 2020 population of 2,742, it is the 218th largest city in Minnesota and the 6521st largest city in the United States. Albany is currently growing at a rate of 0.15% annually and its population has increased by 7.07% since the most recent census, which recorded a population of 2,561 in 2010. Spanning over 2 miles, Albany has a population density of 1,262 people per square mile.

The average household income in Albany is $72,146 with a poverty rate of 11.16%. The median rental costs in recent years comes to $554 per month, and the median house value is $147,900. The median age in Albany is 35.1 years, 32.8 years for males, and 39.5 years for females. For every 100 females there are 91.7 males.

Albany Demographics

According to the most recent ACS, the racial composition of Albany was:

  • White: 94.17%
  • Black or African American: 3.72%
  • Two or more races: 1.86%
  • Asian: 0.26%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
The current population of Albany, Minnesota is 2,742, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 2,734.The last official US Census in 2010 recorded the population at 2,561.

Albany, Minnesota Population 2020

Population by Race

Race Population Percentage
White2,53494.17%
Black or African American1003.72%
Two or More Races501.86%
Asian70.26%

Albany Population Pyramid 2020

Albany Median Age

35.1


Total

32.8


Male

39.5


Female

Albany Adults

There are 1,958 adults, (593 of whom are seniors) in Albany.

Albany Age Dependency

97.1

Age Dependency Ratio

43.4

Old Age Dependency Ratio

53.7

Child Dependency Ratio

Albany Sex Ratio

Female

1,404

52.17%

Male

1,287

47.83%

Albany Households and Families

Albany Renter vs Owner Occupied by Household Type

Albany Household Types

Type Owner Renter
Married86.3%13.7%
Male76%24%
Female75%25%
All74.2%25.8%
Non Family59.2%40.8%

74.2%

Rate of Home Ownership

Type Count Average Size Owned
All1,0012.6174.2
Married4683.3586.3
Non Family3901.5859.2
Male753.1376
Female682.8275

3.16

Average Family Size

2.61

Average Household Size

8.2%

Unmarried (Opposite Sex)

0%

Unmarried (Same Sex)

Albany Education

Education Attained Count Percentage
Less Than 9th Grade1518.47%
9th to 12th Grade20211.34%
High School Graduate58532.83%
Some College19611.00%
Associates Degree29016.27%
Bachelors Degree26815.04%
Graduate Degree905.05%

Albany Educational Attainment by Race

Name Total High School Bachelors
White1,6661,337347
Black4948
Multiple Races36364
Hispanic241
Asian777

The highest rate of high school graduation is among asian people with a rate of 100.00%.

The highest rate of bachelors degrees is among asian people with a rate of 100.00%.

Name Average Male Female
Overall$40,668$49,573$29,757
Less Than High School$26,705$26,705$
High School Grad$30,766$47,813$25,833
Some College$41,198$50,250$27,250
Bachelors Degree$42,647$42,393$42,865
Graduate Degree$70,000$73,438$63,295

$40,668

Average Earnings

$49,573

Average Male

$29,757

Average Female

Albany Language

Albany Language by Age

Albany Language

97.35% of Albany residents speak only English, while 2.65% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.39% of the population.

Albany Poverty

Albany Poverty by Race

Name Total In Poverty Poverty Rate
White2,40627011.22%
Hispanic481225.00%
Black9955.05%
Multiple5048.00%

11.16%

Overall Poverty Rate

7.51%

Male Poverty Rate

14.53%

Female Poverty Rate

Poverty in Albany

The race most likely to be in poverty in Albany is Hispanic, with 25.00% below the poverty level.

The race least likely to be in poverty in Albany is Black, with 5.05% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.81%. Among those working part-time, it was 6.84%, and for those that did not work, the poverty rate was 29.34%.

Name Poverty
Less Than High School29.14%
High School17.62%
Bachelors or Greater2.54%
Some College1.03%
Name Poverty
Female Employed4.32%
Male Employed1.35%
Female Unemployed0.00%
Male Unemployed0.00%

Albany Income

Albany Income by Household Type

Name Median Mean
Households$55,391$72,146
Families$75,188$91,971
Married Families$90,000-
Non Families$25,769$36,650

Albany Marital Status

Albany Marital Status

Marriage Rates

46.9%

Overall Marriage Rate

52.0%

Male Marriage Rate

42.7%

Female Marriage Rate

Albany Married by Age and Sex

Albany Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 20-34.

Albany Marital Status by Race

Albany Veterans

170

Number of Veterans

161

Male Veterans

9

Female Veterans

War Veterans
First Gulf War37
Vietnam34
Second Gulf War32
World War II23
Korea6
Age Group Veterans
35 to 5456
75+51
65 to 7422
55 to 6421
18 to 3420

$Albany Veterans by Education

5.70%

Veteran Poverty Rate

20.25%

Veteran Disability Rate

Albany Employment Status

63%

Labor Force Participation

62.1%

Employment Rate

1.4%

Unemployment Rate

Albany Place of Birth

Origin of Non-Citizens

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

87.85%

Born in Minnesota

98.18%

Native Born

1.82%

Foreign Born

1.56%

Non Citizen

Place of Birth

98.18% of Albany residents were born in the United States, with 87.85% having been born in Minnesota. 1.56% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Year Population Growth Annual Growth Rate
20202,74240.15%
20192,73840.15%
20182,734301.11%
20172,70440.15%
20162,70080.30%
20152,692341.28%
20142,658170.64%
20132,641240.92%
20122,61740.15%
20112,613210.81%
20102,5920.00%