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CITY · 2020 ACS

Albany

Illinois · 864 residents · 1.071 sq mi
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The short version

Albany has roughly average household income, with a median household income of $72,857. Population has declined 3% since 2000. 17% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $112,700. Poverty is rare here, at 5.0% of residents.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 42.4
US median: 38.8
Less educated
17% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

864
−3%since 2000
from 895 in 2000
1990 – 2025
807 / sq mi
−3%since 2000
from 836 / sq mi in 2000
US average: 280
42.4
+12%since 2000
from 37.8 in 2000
US average: 38.8
Population, 19902024
6557628699761K1990201020202024Albany
2024776
1990201020202024
Section 02

Income & economy

$72,857
+4%inflation adjusted, since 2000
from $46,719 in 2000
US average: $66,278
1990 – 2024
$33,747
+80%since 2000
from $18,780 in 2000
US average: $35,364
Households earning $100K+
48.3%
+8.1 ptssince 2009
from 40.2% in 2009
US average: 43.9%
5.0%
−0.2 ptssince 2000
from 5.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade30.8%
US avg: 10%
Information13.6%
US avg: 11.1%
Finance & insurance10.9%
US avg: 5.5%
Professional, scientific, technical7.4%
US avg: 4.7%
Wholesale trade3.8%
US avg: 6.7%
Education & health services3.6%
US avg: 0.8%
Agriculture, forestry, fishing3%
US avg: 1.7%
Other services2.4%
US avg: 6.6%
Public administration2.4%
US avg: 4.7%
Construction2.1%
US avg: 1.2%
Transportation & warehousing1.8%
US avg: 2.5%
Manufacturing0.9%
US avg: 0.5%
Arts, entertainment, food0.6%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$112,700
−4%inflation adjusted, since 2000
from $77,800 in 2000
US average: $265,253
1990 – 2024
$678
+11%inflation adjusted, since 2000
from $408 in 2000
US average: $1,124
87.6%
−0.9 ptssince 2000
from 88.5% in 2000
12.4% rent
1.5
−7%since 2000
from 1.7 in 2000
1990 – 2024
RELATED:See current rent listings in Albany on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.4%(881)
Black0.7%(6)
Hispanic / Latino0.6%(5)
Asian0%(0)
Other0%
Diversity Score3.1%(27)
2020
White, non-Hispanic95.7%(827)
Black0.1%(1)
Hispanic / Latino2%(17)
Asian0.2%(2)
Other0.5%(4)
Diversity Score7%(60)
7
+128%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

16.6%
+3.8 ptssince 2000
from 12.8% in 2000
US average: 32.9%
High school or higher
96.0%
+9.7 ptssince 2000
from 86.3% in 2000
US average: 88.5%
7.5%
+5.2 ptssince 2000
from 2.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

21.9 min
+43%since 2000
from 15.3 min in 2000
US average: 26.9
91.4%
+9.5 ptssince 2009
from 81.9% in 2009
US average: 75.1%
2.3%
+1.0 ptssince 2009
from 1.3% in 2009
US average: 8.4%
Section 07

Work & employment

2.9%
+2.1 ptssince 2011
from 0.8% in 2011
US average: 5.4%
55.2%
−3.9 ptssince 2011
from 59.1% in 2011
US average: 63.4%
21.6%
−40.5 ptssince 2009
from 62.1% in 2009
US average: 39.3%
Section 08

People & community

47.2%
−2.0 ptssince 2009
from 49.1% in 2009
52.8%
+2.0 ptssince 2009
from 50.9% in 2009
1.0%
−3.2 ptssince 2009
from 4.2% in 2009
US average: 13.5%
5.3%
−84.7 ptssince 2013
from 90.0% in 2013
US average: 8.8%
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Frequently asked

How many people live in Albany, Illinois?

Albany, Illinois has about 864 residents according to the 2020 American Community Survey.

What is the median household income in Albany, Illinois?

The typical household in Albany, Illinois earns about $72,857 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 $112,700, and the typical rent is about $678 a month.

How educated are people in Albany, Illinois?

About 16.6% 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 5.0% of people in Albany, Illinois live below the federal poverty line.

Has Albany, Illinois grown since 1990?

Yes, Albany, Illinois has grown since 1990. The population has added about 22 residents, a change of about 3 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →