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The total population of Albany township is estimated to be 1,051 with 492 males (46.81%) and 559 females (53.19%). There are 67 more females than males in Albany township.
The median household income in Albany township was $58,639 in 2021, which marked an a decrease of 3,941(6.30%) from $62,580 in 2020. This income is 78.60% 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 township sees its highest median household income among householders in the age group of 25 to 44 years old, at $78,173. Overall, the median household income for the township of Albany township stands at $58,639.
In Albany township, the median income for all workers aged 15 years and older, regardless of work hours, was $41,158 for males and $22,308 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,711 for males and $41,885 for females.
In Albany township, population is primarily represented by White households, reporting a median income of $58,504.
In 2022, the population of Albany township was 866, a 0.12% decrease year-by-year from 2021. Previously, in 2021, Albany township's population was 867, an increase of 0.93% compared to a population of 859 in 2020.
The median age in Albany township, Bradford County, Pennsylvania is 55.6, as per 2021 ACS 5-Year Estimates. Of the total population, 7.19% were under the age of 15, 12.27% aged 15 to 29, 50.14% aged 30 to 64, 22.05% aged 65 to 84, and 8.34% were 85 years of age and older.
Racial distribution of Albany township population: 98.95% are White and 1.05% are multiracial.