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The total population of Albany is estimated to be 1,859 with 868 males (46.69%) and 991 females (53.31%). There are 123 more females than males in Albany.
The median household income in Albany was $46,676 in 2021, which marked an an increase of 35(0.08%) from $46,641 in 2020. This income is 62.56% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Albany sees its highest median household income among householders in the age group of 25 to 44 years old, at $53,972. Overall, the median household income for the city of Albany stands at $46,676.
In Albany, the median income for all workers aged 15 years and older, regardless of work hours, was $34,610 for males and $24,536 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,106 for males and $37,619 for females.
In Albany, population is primarily represented by White households, reporting a median income of $45,740.
In 2022, the population of Albany was 1,698, a 1.07% increase year-by-year from 2021. Previously, in 2021, Albany's population was 1,680, an increase of 0.60% compared to a population of 1,670 in 2020.
The median age in Albany, MO is 41.2, as per 2021 ACS 5-Year Estimates. Of the total population, 19.14% were under the age of 15, 17.87% aged 15 to 29, 41.36% aged 30 to 64, 17.97% aged 65 to 84, and 3.66% were 85 years of age and older.
Racial distribution of Albany population: 96.13% are White, 0.95% are Black or African American, 0.74% are Asian, 1.01% are some other race and 1.17% are multiracial.