|Year||Population||Rank in US||Growth Rate|
Based on the latest 2022 data from the US census, the current population of Albany is 2,282. Albany, Indiana is the 7,122nd largest city in the US.
The peak population of Albany was in 1990, when its population was 2,415. In 1990, Albany was the 6,228th largest city in the US; now its fallen to the 7,122nd largest city in the US. Albany is currently 5.5% smaller than it was in 1990.
Albany has shrunk 3.9% since the year 2000. Albany, Indiana's growth is about average. 57% of similarly sized cities are growing faster since 2000.
|7116||St. Ignace, Michigan||2,288||-14.2%|
|7119||New Concord, Ohio||2,285||-14.0%|
|7120||North Pole, Alaska||2,285||45.7%|
|7123||De Leon, Texas||2,282||-5.9%|
|7126||New Boston, Ohio||2,282||-2.2%|
The total voting age population of Albany, Indiana, meaning US citizens 18 or older, is 1,693. The voting age population is 45.8% male and 54.2% female.
According to the latest census statistics, 21.9% of the residents of Albany are 65 or older.
The racial demographics of Albany are 95.3% White, 4.2% Two or more races and 0.5% Black. Additionally, 2.0% of the population identifies as Hispanic.
In Albany, 8.9% of residents have an income below the poverty line, and the child poverty rate is 10.9%. On a per-household basis, 5.3% of families are below the poverty line in Albany.
Among those aged 16 and older, 58.1% of Albany residents are in the labor force.
Among the adult population 25 years old and over, 91.4% of Albany residents have at least a high school degree or equivalent, 16.8% have a bachelor's degree and 4.2% have a graduate or professional degree.
Among Albany residents aged 5 and older, 0.0% of them speak a non-English language at home. Broken down by language: 0.0% of residents speak Spanish at home, 0.0% speak an Indo-European language, and 0.0% speak an Asian language.
The unemployment rate in Albany is 8.8%, which is calculated among residents aged 16 or older who are in the labor force.
In Albany, 8.6% of the residents in the non-military labor force are employed by the local, state and federal government.
The median household income in Albany is $50,032.
In Albany, 64.3% of housing units are occupied by their owners.
Renters occupy 35.7% of housing units in Albany.
Of all the housing units in Albany, 36.4% of them were build before 1940.
In Albany, 11.4% of the total housing units were built after the year 2000, which is approximately 120 units.
The median gross monthly rent payment for renters in Albany is $653.
In Albany, 78.5% of households have an active broadband internet connection.