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CENSUS TRACT

Census Tract 3.01

New York · Albany County · 2,543 residents · 0.255 sq mi
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12.013.024.036151719.02202123137.06140.01140.02515516.013.01
TRACT SHAPE · Albany County, NY
The short version

Census Tract 3.01 has notably lower household income than the US average, with a median household income of $42,912. Population has fallen 16% since 2020, a loss of 473 residents. 19% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $97,700. At a median age of 28.1, residents skew younger than the country as a whole. Households here earn about 50% less than the Albany County median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 28.1
US median: 38.9
Less educated
19% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,543
−16%since 2020
from 3,016 in 2020
2020 – 2024
Population density
9,973 / sq mi
−16%since 2020
from 11,827 / sq mi in 2020
US average: 281
Median age
28.1
−21%since 2020
from 35.6 in 2020
US average: 38.9
Population, 20202024
2K3K3K3K3K20202024Census Tract 3.01
20243K
20202024
Section 02

Income & economy

Median household income
$42,912
−4%inflation adjusted, since 2020
from $36,964 in 2020
US average: $82,259
2020 – 2024
Per capita income
$21,174
+12%since 2020
from $18,922 in 2020
US average: $44,673
Households earning $100K+
18.5%
+5.8 ptssince 2020
from 12.7% in 2020
US average: 53.3%
Poverty rate
36.5%
−1.2 ptssince 2020
from 37.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.455
+4%since 2020
from 0.436 in 2020
US average: 0.476
Workforce by industry, 2024
Finance & insurance21.9%
US avg: 5.9%
Professional, scientific, technical21.9%
US avg: 5.1%
Wholesale trade7.8%
US avg: 6.9%
Retail trade6.8%
US avg: 9.9%
Information5.1%
US avg: 10.8%
Other services3.5%
US avg: 6.7%
Public administration3.5%
US avg: 4.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$97,700
+6%inflation adjusted, since 2020
from $76,100 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,196
−9%inflation adjusted, since 2020
from $1,080 in 2020
US average: $1,442
Owner-occupied
31.4%
+4.0 ptssince 2020
from 27.4% in 2020
68.6% rent
Vacancy rate
29.6%
+5.2 ptssince 2020
from 24.5% in 2020
US average: 10.0%
Owner cost-burdened
17.0%
−36.0 ptssince 2020
from 53.1% in 2020
US average: 22.9%
Renter cost-burdened
60.7%
+11.5 ptssince 2020
from 49.3% in 2020
US average: 47.4%
Afford Score
2.3
+11%since 2020
from 2.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 3.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic14.3%(431)
Black36.3%(1,095)
Hispanic / Latino32.4%(978)
Asian13%(393)
Other3.9%(119)
Diversity Score90.5%(2,730)
2024
White, non-Hispanic30.8%(784)
Black44.2%(1,125)
Hispanic / Latino10.1%(256)
Asian3.3%(85)
Other11.5%(293)
Diversity Score85.6%(2,177)
Diversity Score
86
−5%since 2020
from 91 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
19.3%
+10.7 ptssince 2020
from 8.6% in 2020
US average: 35.6%
High school or higher
85.9%
+5.4 ptssince 2020
from 80.5% in 2020
US average: 89.6%
Graduate degree
8.3%
+2.1 ptssince 2020
from 6.2% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
26.2 min
+13%since 2020
from 23.2 min in 2020
US average: 26.5
Drive alone to work
48.3%
+14.4 ptssince 2020
from 33.9% in 2020
US average: 68.9%
Carpooled to work
6.6%
−18.0 ptssince 2020
from 24.6% in 2020
US average: 8.5%
Public transit
26.8%
−14.7 ptssince 2020
from 41.5% in 2020
US average: 3.2%
Worked from home
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 15.0%
Walked to work
5.3%
+5.3 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
35.2%
−15.6 ptssince 2020
from 50.7% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.7%
−1.9 ptssince 2020
from 9.6% in 2020
US average: 5.2%
Labor force participation
54.4%
−11.9 ptssince 2020
from 66.3% in 2020
US average: 63.5%
Self-employed
10.3%
−10.8 ptssince 2020
from 21.1% in 2020
US average: 13.1%
Management & professional
31.2%
+5.1 ptssince 2020
from 26.1% in 2020
US average: 42.5%
Section 08

People & community

Male
58.1%
+13.4 ptssince 2020
from 44.7% in 2020
Female
41.9%
−13.4 ptssince 2020
from 55.3% in 2020
Foreign born
13.3%
−12.0 ptssince 2020
from 25.3% in 2020
US average: 14.1%
Veterans
2.4%
+0.9 ptssince 2020
from 1.5% in 2020
US average: 6.2%
With a disability
16.2%
−9.0 ptssince 2020
from 25.2% in 2020
US average: 13.3%
Uninsured
9.5%
+6.6 ptssince 2020
from 2.9% in 2020
US average: 8.4%
Broadband at home
88.5%
+1.5 ptssince 2020
from 87.0% in 2020
US average: 91.0%
English only at home
81.6%
+12.4 ptssince 2020
from 69.3% in 2020
US average: 77.7%
Spanish at home
14.5%
−0.1 ptssince 2020
from 14.6% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 2,543 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $42,912 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $97,700, and the typical rent is about $1,196 a month.

How educated are people in this census tract?

About 19.3% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 36.5% of people in this census tract live below the federal poverty line.

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

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