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Economy, jobs and prices in Albany, Oregon: official figures

The median household income in Albany was $78,114 a year in the 2020-2024 American Community Survey (in 2024 dollars), 384th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Oregon median $83,011.

Median household income
$78,114
2020-2024
Unemployment rate (ACS)
5.8%
2020-2024
Mean travel time to work
21.0 min
2020-2024
Median gross rent (monthly)
$1,372
2020-2024
Median home value (owner-occupied)
$389,200
2020-2024
Homes occupied by their owners
58.9%
2020-2024
Households with a broadband subscription
92.3%
2020-2024

What is the per capita income in Albany?

Income per resident (per capita income) in Albany averaged $37,281 a year in 2020-2024, 313th lowest of 823 US cities of 50,000 or more (US: $44,673; Oregon: $45,612).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Albany?

Albany's Gini index of household income inequality was 0.421 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 209th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Albany, Oregon?

5.8% of the civilian labor force in Albany was unemployed on average over 2020-2024 (1,603 people), 306th highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Oregon's 5.4%.

Source: U.S. Census Bureau · saved copy

What share of people in Albany are working?

62.4% of Albany's 44,465 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 211th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Albany have jobs?

26,129 residents of Albany held civilian jobs, 58.8% of those aged 16 and over (US: 59.7%); the survey counted no residents in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Albany?

The largest industry group for working residents of Albany was education, health care and social assistance (26.1% of employed residents), followed by retail trade (12.9%) and professional, scientific, management and administrative services (9.8%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Albany work in manufacturing?

Manufacturing employed 9.7% of working residents of Albany, 349th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 9.8% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Albany, Oregon?

Commuters in Albany took 21.0 minutes on average to get to work in 2020-2024, 201st shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.8% travelled an hour or more and 42.0% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Albany get to work?

14.2% of workers living in Albany worked from home in 2020-2024, 380th highest of 823 US cities of 50,000 or more (US: 15.1%). 72.3% drove to work alone, 8.4% carpooled, 0.5% used public transport and 2.4% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Albany, Oregon?

The median gross rent (rent plus utilities) in Albany was $1,372 a month in 2020-2024, 299th lowest of 823 US cities of 50,000 or more (US: $1,413; Oregon: $1,525).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Albany?

Owner-occupied homes in Albany had a median value of $389,200 in 2020-2024 as estimated by their owners, 411th highest of 823 US cities of 50,000 or more (US: $332,700; Oregon: $477,600).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Albany?

The median home value in Albany was 5.0 times the median household income, 365th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Albany, Oregon own their home?

58.9% of the 21,933 occupied homes in Albany were lived in by their owners in 2020-2024 and 9,006 were rented, 386th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Oregon: 63.3%).

Source: U.S. Census Bureau · saved copy

What share of homes in Albany have broadband?

92.3% of households in Albany had a broadband internet subscription of some type in 2020-2024, 392nd lowest of 823 US cities of 50,000 or more (US: 91.0%; Oregon: 92.4%).

Source: U.S. Census Bureau · saved copy

How many households in Albany have no internet?

4.7% of households in Albany (1,021) had no internet access at home in 2020-2024, 396th lowest of 823 US cities of 50,000 or more (US: 6.5%); 10.5% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Albany compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Albany ranks 440 of 823, highest first.

RankCityMedian household income (2024 dollars)
437Berwyn$78,408
438Watsonville$78,393
439Bismarck$78,387
440Albany$78,114
441Cape Coral$78,104
442Madison$78,050
443Mableton$77,980
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Albany ranks 511 of 823, highest first.

RankCityPer capita income (2024 dollars)
508Davenport$37,521
509Prescott Valley$37,400
510Winston-Salem$37,345
511Albany$37,281
512Worcester$37,221
513Chino$37,217
514Providence$37,138
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Albany ranks 615 of 823, highest first.

RankCityGini index of household income inequality
612Cheyenne0.421
613South Gate0.421
614Westminster0.421
615Albany0.421
616Enid0.421
617Santa Maria0.421
618Chandler0.421
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Albany ranks 306 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
303Downey5.8%
304Fairfield5.8%
305Woodland5.8%
306Albany5.8%
307Brentwood5.8%
308Newport News5.8%
309Rock Hill5.8%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Albany ranks 613 of 823, highest first.

RankCityLabor force participation rate (16 and over)
610New Bedford62.4%
611Whittier62.4%
612Great Falls62.4%
613Albany62.4%
614Palo Alto62.3%
615Texas City62.3%
616Lynwood62.3%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Albany ranks 623 of 823, highest first.

RankCityMean travel time to work (minutes)
620Pharr21.1
621Decatur21.1
622West Allis21.0
623Albany21.0
624Bloomington21.0
625Santa Fe21.0
626Palm Desert21.0
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Albany ranks 380 of 823, highest first.

RankCityWorkers who worked from home
377Providence14.3%
378St. George14.2%
379Menifee14.2%
380Albany14.2%
381Winston-Salem14.1%
382Coconut Creek14.1%
383Deltona14.1%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Albany ranks 593 of 823, highest first.

RankCityWorkers commuting by public transportation
590Medford0.5%
591Pasco0.5%
592Palm Bay0.5%
593Albany0.5%
594Rock Hill0.5%
595Boise City0.5%
596Kyle0.5%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Albany ranks 349 of 823, highest first.

RankCityEmployed residents working in manufacturing
346Johnson City9.7%
347Lynchburg9.7%
348Plainfield9.7%
349Albany9.7%
350Milford9.7%
351Utica9.7%
352Lake Elsinore9.7%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Albany ranks 183 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
180North Little Rock26.1%
181Elk Grove26.1%
182Fayetteville26.1%
183Albany26.1%
184Macon-Bibb County26.1%
185San Luis Obispo26.1%
186Mission26.1%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Albany ranks 525 of 823, highest first.

RankCityMedian gross rent per month
522Medford$1,376
523Cranston$1,375
524Richmond$1,372
525Albany$1,372
526Minneapolis$1,371
527Warwick$1,363
528Houston$1,361
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Albany ranks 411 of 823, highest first.

RankCityMedian value of owner-occupied homes
408Fishers$391,000
409Mooresville$390,900
410Grand Junction$389,800
411Albany$389,200
412Glendale$387,500
413Skokie$387,200
414Wylie$387,000
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Albany ranks 362 of 820, highest first.

RankCityMedian home value as a multiple of median household income
359Nampa5.0x
360Evanston5.0x
361Centennial5.0x
362Albany5.0x
363Weston5.0x
364Tuscaloosa5.0x
365Hoboken5.0x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Albany ranks 386 of 823, highest first.

RankCityOccupied homes lived in by their owners
383Pharr59.1%
384Topeka59.0%
385South San Francisco59.0%
386Albany58.9%
387Hollywood58.9%
388Wichita58.9%
389Modesto58.9%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Albany ranks 432 of 823, highest first.

RankCityHouseholds with a broadband subscription
429Casper92.4%
430Salem92.3%
431Grand Junction92.3%
432Albany92.3%
433Avondale92.3%
434Glendale92.3%
435Gallatin92.3%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Albany ranks 428 of 823, highest first.

RankCityHouseholds with no internet access
425Cape Coral4.7%
426Pasadena4.7%
427El Cajon4.7%
428Albany4.7%
429Rialto4.7%
430Tacoma4.6%
431Daly City4.6%
Source: U.S. Census Bureau · saved copy

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Sources

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