Albany
Albany has lower-than-average household income, with a median household income of $62,857. Population has declined 13% since 2000. 19% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $148,800. Poverty is rare here, at 4.0% of residents.
Population & growth
PEP 2025 EST:838 residents (Census Bureau Vintage 2025, released March 2026)
Income & economy
Housing
Race & ethnicity
Education
Commute & transportation
Work & employment
People & community
Places similar to Albany
Compare Albany to nearby cities
How many people live in Albany, Illinois?
Albany, Illinois has about 776 residents according to the 2024 American Community Survey.
What is the median household income in Albany, Illinois?
The typical household in Albany, Illinois earns about $62,857 a year. Half of households make more than that, and half make less.
Is Albany, Illinois expensive?
In Albany, Illinois, the median home is worth about $148,800, and the typical rent is about $724 a month.
How educated are people in Albany, Illinois?
About 19.0% of adults age 25 and over in Albany, Illinois hold a bachelor's degree or higher.
What is the poverty rate in Albany, Illinois?
About 4.0% of people in Albany, Illinois live below the federal poverty line.
Has Albany, Illinois grown since 1990?
Yes, Albany, Illinois has shrunk since 1990. The population has lost about 66 residents, a change of about -8 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024