United States › Minnesota › Albany CITY
Albany Minnesota · 2,873 residents (2025 est.) · 2.18 sq mi
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The short version
Albany is a city of 2,821 people in Minnesota. The population has risen by half since 2000, adding 1,025 people. Four-year degrees are less common here than nationally, at 21% of adults. This skews young, with a median age of 34.0. 3% of residents were born outside the United States. Renters pay $642 a month at the median.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 34.0
US median: 38.9
Less educated
21% hold a bachelor's degree
US average: 36%
Less affordable
home values up 51%, inflation adjusted
US median home: $376,019
Section 01
Population & growth from 1,796 in 2000
2,873 in 2025 (Census Bureau estimate)
1,296 / sq mi
+3%since 2009
from 1,264 / sq mi in 2009
US average: 281
from 35.8 in 2000
US average: 38.9
Population, 1990 – 2024
1K 2K 2K 3K 3K 1990 2000 2010 2020 2024 Albany Age distribution, 2024
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02
Income & economy $69,167
+20%inflation adjusted, since 2000
from $31,577 in 2000
US average: $82,259
from $16,383 in 2000
US average: $44,673
Households earning $100K+
from 24.8% in 2009
US average: 53.3%
from 10.3% in 2000
US average: 12.5%
from 0.340 in 2010
US average: 0.476
Workforce by industry, 2024
Transportation & warehousing 5.6%
Professional, scientific, technical 5.5%
Agriculture, forestry, fishing 4%
Arts, entertainment, food 1%
Education & health services 0.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
$238,500
+51%inflation adjusted, since 2000
from $86,700 in 2000
US average: $376,019
$642
−7%inflation adjusted, since 2000
from $377 in 2000
US average: $1,442
from 70.1% in 2000
33.2% rent
from 4.1% in 2009
US average: 10.0%
2.37 people
−14%since 2009
from 2.77 people in 2009
US average: 2.54
from 21.5% in 2009
US average: 22.9%
from 30.4% in 2009
US average: 47.4%
from 3.3 in 2009
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
Section 04
Race & ethnicity 2000
White, non-Hispanic 98.7%(1,773)
2024
White, non-Hispanic 92.4%(2,606)
Hispanic / Latino 1.5%(42)
from 14 in 2009
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 6 more ancestry groups with data from 15.9% in 2000
US average: 35.6%
High school or higher
from 72.0% in 2000
US average: 89.6%
from 5.5% in 2000
US average: 14.0%
Section 06
Commute & transportation from 13.1 min in 2000
US average: 26.5
from 84.0% in 2009
US average: 68.9%
from 12.4% in 2009
US average: 8.5%
from 0.0% in 2009
US average: 3.2%
from 2.1% in 2009
US average: 15.0%
from 1.2% in 2009
US average: 2.4%
from 0.0% in 2009
US average: 0.4%
from 3.3% in 2009
US average: 8.3%
Section 07
Work & employment from 4.2% in 2011
US average: 5.2%
from 69.1% in 2011
US average: 63.5%
Women 20-64 in the labor force
from 88.7% in 2020
US average: 74.6%
from 13.8% in 2009
US average: 13.1%
from 31.9% in 2009
US average: 42.5%
Section 08
People & community from 0.3% in 2009
US average: 14.1%
from 11.9% in 2009
US average: 6.2%
from 9.5% in 2012
US average: 13.3%
from 3.6% in 2013
US average: 8.4%
from 68.5% in 2017
US average: 91.0%
Computer in household
from 86.7% in 2020
US average: 95.5%
from 87.9% in 2020
US average: 87.7%
from 95.5% in 2016
US average: 77.7%
from 1.4% in 2016
US average: 13.6%
Marital status
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 3.6% in 2013
US average: 8.4%
from 64.2% in 2020
US average: 54.8%
Direct-purchase
from 17.9% in 2020
US average: 13.8%
from 17.9% in 2020
US average: 18.4%
from 13.7% in 2020
US average: 20.9%
VA health care
from 3.5% in 2020
US average: 2.2%
Any private
from 82.1% in 2020
US average: 67.1%
Any public
from 31.8% in 2020
US average: 36.7%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2024
Gulf War (2001 or later) 44.8%(65)
Gulf War (1990s) 45.5%(66)
Share of the 145 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Frequently asked
How many people live in Albany, Minnesota? Albany, Minnesota has about 2,821 residents according to the 2024 American Community Survey.
What is the median household income in Albany, Minnesota? The typical household in Albany, Minnesota earns about $69,167 a year. Half of households make more than that, and half make less.
Is Albany, Minnesota expensive? In Albany, Minnesota, the median home is worth about $238,500, and the typical rent is about $642 a month.
How educated are people in Albany, Minnesota? About 20.5% of adults age 25 and over in Albany, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Albany, Minnesota? About 10.8% of people in Albany, Minnesota live below the federal poverty line.
Has Albany, Minnesota grown since 1990? Yes, Albany, Minnesota has grown since 1990. The population has added about 1,273 residents, a change of about 82 percent over that period.
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