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The total population of Albany is estimated to be 1,644 with 820 males (49.88%) and 824 females (50.12%). There are 4 more females than males in Albany.
The median household income in Albany was $51,433 in 2021, which marked an an increase of 2,191(4.45%) from $49,242 in 2020. This income is 68.94% 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 $79,423. Overall, the median household income for the city of Albany stands at $51,433.
In Albany, the median income for all workers aged 15 years and older, regardless of work hours, was $40,873 for males and $15,733 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,234 for males and $39,054 for females.
In Albany, there are just two different racial groups among households. Among these, White households report a median household income of $52,154, while Two or More Races households have a median household income of $38,861.
In 2022, the population of Albany was 1,900, a 0.21% increase year-by-year from 2021. Previously, in 2021, Albany's population was 1,896, an increase of 2.27% compared to a population of 1,854 in 2020.
The median age in Albany, TX is 44.3, as per 2021 ACS 5-Year Estimates. Of the total population, 17.38% were under the age of 15, 22.99% aged 15 to 29, 37.90% aged 30 to 64, 18.17% aged 65 to 84, and 3.56% were 85 years of age and older.
Racial distribution of Albany population: 90.22% are White, 0.18% are Black or African American, 4.10% are some other race and 5.49% are multiracial.