Albany, IN Population

Overview

2,866

Total Population

46.4

Median age

53.35%

Female population %

87.4:100

Gender ratio (M:F)

55-59 years

Largest age group

74.5

Total dependency ratio

White

Largest racial group

91

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Albany's population is old compared to the rest of the country:

The median age in Albany is 46.4, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Albany's population under 18 was 20.45%, compared to the 22.51% nationwide.
Albany's elderly or the senior population (over 65 age) was 25.12% as compared to 16.04% nationwide.
Of the total population in Albany, 17.59% were under the age of 15, 15.32% aged 15 to 29, 41.97% aged 30 to 64, 22.96% aged 65 to 84, and 2.16% were 85 years of age and older.

There are 192 more females than males in Albany:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 53.35% females and 46.65% males in Albany, IN.
The Albany, IN gender ratio is 87.4:100 i.e. 87.4 men to 100 women (0.874).
For male population, the largest age group is 75-79 years with a population of 134.
For the female population, the largest age group is 70-74 years with a population of 192.

Albany's population has become increasingly diverse:

Racial distribution of Albany population: 94.63% are White, 0.49% are Black or African American, 0.63% are Asian, 0.03% are Native Hawaiian and other Pacific Islander, 1.29% are some other race and 2.93% are multiracial.
Albany's racial breakdown clearly shows that there is an absolute majority of White population in the town.
By ethnicity, 91 is Hispanic or Latino (of any race), and 2,775 (96.82% of the total population) is Non-Hispanic.
The largest racial group in Albany is White with a population of 2,712 (94.63% of the total population).

Albany's population has already reached its peak and is showing a trend of decline:

The peak population was 2,372 in the year 2002
From 2000 to 2010, Albany's population decreased by 89 (3.78%), as compared to the national growth of 9.63%.
From 2010 to 2020, Albany's population increased by 28 (1.24%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Albany's population was lowest in year 2019 at 2,143.