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Albany, MN

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Albany is a very small city located in the state of Minnesota. With a population of 2,832 people and just one neighborhood, Albany is the 255th largest community in Minnesota. Albany has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Albany, where the median household income is $78,977.00.

Occupations and Workforce

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Albany is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Albany is a city of sales and office workers, professionals, and construction workers and builders. There are especially a lot of people living in Albany who work in office and administrative support (12.38%), healthcare (10.79%), and sales jobs (9.96%).

Also of interest is that Albany has more people living here who work in computers and math than 95% of the places in the US.

Setting & Lifestyle

The overall crime rate in Albany is one of the lowest in the US. This makes it one of the safer places to live in the country in terms of crime.

As is often the case in a small city, Albany doesn't have a public transportation system that people use for their commute.

Demographics

In terms of college education, Albany is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 26.36% of adults 25 and older in the city have at least a bachelor's degree.

The per capita income in Albany in 2022 was $39,964, which is upper middle income relative to Minnesota and the nation. This equates to an annual income of $159,856 for a family of four. However, Albany contains both very wealthy and poor people as well.

The people who call Albany home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Albany residents report their race to be White, followed by Asian. Important ancestries of people in Albany include German, Norwegian, Irish, Polish, and Dutch.

The most common language spoken in Albany is English. Other important languages spoken here include Polish and Korean.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

With a nice mix of college students, safety from crime, and decent walkability, the neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.7% of the neighborhoods in MN. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the neighborhood has more German and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 61.1% of this neighborhood's residents have German ancestry and 8.9% have Norwegian ancestry.

is also pretty special linguistically. Significantly, 7.4% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 96.5% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Albany are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.3% of the neighborhoods in America. In addition, 3.6% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 69.2% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the neighborhood, 35.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 31.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.3%), and 15.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 96.8% of households. Some people also speak Polish (7.4%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the neighborhood in Albany, MN, residents most commonly identify their ethnicity or ancestry as German (61.1%). There are also a number of people of Norwegian ancestry (8.9%), and residents who report Polish roots (7.1%), and some of the residents are also of Irish ancestry (5.8%), along with some Swedish ancestry residents (3.2%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (29.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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