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CITY

Albany

Kentucky · 1,729 residents (2025 est.) · 2.274 sq mi
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The short version

Albany has notably lower household income than the US average, with a median household income of $44,007. Population has declined 15% since 2000. 14% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has roughly tripled since 2000, reaching $111,100. With a median age of 46.4, the population is older than the US median of 38.9. Households here earn about 31% less than the Kentucky median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 46.4
US median: 38.9
Less educated
14% hold a bachelor's degree
US average: 36%
Less affordable
home values up 60%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,896
−15%since 2000
from 2,220 in 2000
1990 – 2025
Population density
834 / sq mi
−15%since 2000
from 976 / sq mi in 2000
US average: 281
Median age
46.4
+16%since 2000
from 39.9 in 2000
US average: 38.9

PEP 2025 EST:1,729 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
2K2K2K2K2K1990201020202024Albany
20242K
1990201020202024
Section 02

Income & economy

Median household income
$44,007
+66%inflation adjusted, since 2000
from $14,558 in 2000
US average: $82,259
1990 – 2024
Per capita income
$28,070
+117%since 2000
from $12,919 in 2000
US average: $44,673
Households earning $100K+
31.2%
+22.8 ptssince 2009
from 8.4% in 2009
US average: 53.3%
Poverty rate
13.6%
−22.3 ptssince 2000
from 35.9% in 2000
US average: 12.5%
Income inequality (Gini)
0.447
−9%since 2010
from 0.493 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade15.2%
US avg: 9.9%
Information14.8%
US avg: 10.8%
Transportation & warehousing7.1%
US avg: 2.2%
Finance & insurance4.7%
US avg: 5.9%
Education & health services3%
US avg: 0.9%
Professional, scientific, technical1.7%
US avg: 5.1%
Other services1.3%
US avg: 6.7%
Wholesale trade1.2%
US avg: 6.9%
Agriculture, forestry, fishing1.1%
US avg: 1.6%
Public administration0.9%
US avg: 4.8%
Manufacturing0.8%
US avg: 0.4%
Construction0.3%
US avg: 1.2%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$111,100
+60%inflation adjusted, since 2000
from $38,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$480
+3%inflation adjusted, since 2000
from $257 in 2000
US average: $1,442
Owner-occupied
40.8%
−13.7 ptssince 2000
from 54.5% in 2000
59.2% rent
Vacancy rate
19.5%
−3.2 ptssince 2009
from 22.7% in 2009
US average: 10.0%
Owner cost-burdened
4.7%
−24.6 ptssince 2009
from 29.3% in 2009
US average: 22.9%
Renter cost-burdened
33.5%
−4.3 ptssince 2009
from 37.7% in 2009
US average: 47.4%
Afford Score
2.5
−4%since 2000
from 2.6 in 2000
1990 – 2024
Gentrification Score
81
RELATED:See current rent listings in Albany on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.1%(2,133)
Black0%(1)
Hispanic / Latino3.1%(69)
Asian0%(1)
Other0%
Diversity Score7.8%(173)
2024
White, non-Hispanic91.1%(1,728)
Black0%(0)
Hispanic / Latino4.5%(86)
Asian1%(19)
Other3.3%(63)
Diversity Score20.8%(394)
Diversity Score
21
+166%since 2000
from 8 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
14.4%
+7.5 ptssince 2000
from 6.9% in 2000
US average: 35.6%
High school or higher
73.9%
+21.1 ptssince 2000
from 52.9% in 2000
US average: 89.6%
Graduate degree
6.2%
+2.4 ptssince 2000
from 3.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
17.1 min
+44%since 2000
from 11.9 min in 2000
US average: 26.5
Drive alone to work
87.5%
+5.8 ptssince 2009
from 81.7% in 2009
US average: 68.9%
Carpooled to work
9.2%
−2.8 ptssince 2009
from 11.9% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
2.7%
−2.0 ptssince 2009
from 4.7% in 2009
US average: 15.0%
Walked to work
0.1%
−1.5 ptssince 2009
from 1.6% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
6.6%
−9.5 ptssince 2009
from 16.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.3%
−0.9 ptssince 2011
from 4.2% in 2011
US average: 5.2%
Labor force participation
56.8%
+12.9 ptssince 2011
from 43.9% in 2011
US average: 63.5%
Self-employed
9.1%
+0.5 ptssince 2009
from 8.6% in 2009
US average: 13.1%
Management & professional
32.1%
−26.1 ptssince 2009
from 58.1% in 2009
US average: 42.5%
Section 08

People & community

Male
43.6%
−1.0 ptssince 2009
from 44.5% in 2009
Female
56.4%
+1.0 ptssince 2009
from 55.5% in 2009
Foreign born
4.2%
−0.8 ptssince 2009
from 5.0% in 2009
US average: 14.1%
Veterans
5.8%
−35.5 ptssince 2009
from 41.3% in 2009
US average: 6.2%
With a disability
24.5%
+4.8 ptssince 2012
from 19.7% in 2012
US average: 13.3%
Uninsured
5.8%
−80.9 ptssince 2013
from 86.7% in 2013
US average: 8.4%
Broadband at home
77.4%
+37.2 ptssince 2017
from 40.2% in 2017
US average: 91.0%
English only at home
94.1%
−2.7 ptssince 2016
from 96.8% in 2016
US average: 77.7%
Spanish at home
5.9%
+3.2 ptssince 2016
from 2.7% in 2016
US average: 13.6%
Drill deeper

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Compare Albany to nearby cities

ALBANY VS
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ALBANY VS
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ALBANY VS
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ALBANY VS
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Home value$173,900+57%
Population15,302+785%
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Frequently asked

How many people live in Albany, Kentucky?

Albany, Kentucky has about 1,896 residents according to the 2024 American Community Survey.

What is the median household income in Albany, Kentucky?

The typical household in Albany, Kentucky earns about $44,007 a year. Half of households make more than that, and half make less.

Is Albany, Kentucky expensive?

In Albany, Kentucky, the median home is worth about $111,100, and the typical rent is about $480 a month.

How educated are people in Albany, Kentucky?

About 14.4% of adults age 25 and over in Albany, Kentucky hold a bachelor's degree or higher.

What is the poverty rate in Albany, Kentucky?

About 13.6% of people in Albany, Kentucky live below the federal poverty line.

Has Albany, Kentucky grown since 1990?

Yes, Albany, Kentucky has shrunk since 1990. The population has lost about 166 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

How we source and harmonize this data →