Albany, KY

Census Place

2024 Population

1,896

US Senator

Mitch McConnell

Republican Party

US Senator

Rand Paul

Republican Party

2024 Median Age

46.4

0.433% 1-year increase

2024 Poverty Rate

13.6%

41.4% 1-year decrease

2024 Median Household Income

$44,007

9.2% 1-year growth

2024 Median Property Value

$111,100

8.39% 1-year growth

Population & Diversity

Albany, KY is home to a population of 1.9k people, from which 95.9% are citizens.

As of 2024, 4.22% of Albany, KY residents were born outside of the country (80 people).

In 2024, there were 27.4 times more White (Non-Hispanic) residents (1.73k people) in Albany, KY than any other race or ethnicity. There were 63 White (Hispanic) and 54 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.9%

2024 Citizenship

96.6%

2023 Citizenship

As of 2024, 95.9% of Albany, KY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Albany, KY was 96.6%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Albany, KY compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Albany, KY

White (Non-Hispanic)
1.73k ± 391
White (Hispanic)
63 ± 65
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
54 ± 47

4.54%

Hispanic Population

86 people

4.54% of the people in Albany, KY are hispanic (86 people).

The following chart shows the 8 races represented in Albany, KY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Kentucky.

Most Common Origin

Mexico
34,417 ± 4,537 people
Cuba
21,613 ± 3,601 people
India
11,987 ± 2,684 people

In 2024, the most common birthplace for the foreign-born residents of Kentucky was Mexico, the natal country of 34,417 Kentucky residents, followed by Cuba with 21,613 and India with 11,987.

Foreign-Born Population

4.22%

2024 Foreign-Born Population

80 people

3.75%

2023 Foreign-Born Population

74 people

As of 2024, 4.22% of Albany, KY residents (80 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Albany, KY was 3.75%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Albany, KY compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
34 ± 40
Korea
33 ± 40
Gulf War (2001-)
4 ± 19

Albany, KY has a large population of military personnel who served in Vietnam, 1.03 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Albany, KY.

Economy

The economy of Albany, KY employs 892 people. In 2024, the largest industries in Albany, KY were Accommodation & Food Services (169 people), Manufacturing (136 people), and Retail Trade (132 people), and the highest paying industries were Transportation & Warehousing ($103,958), Transportation & Warehousing, & Utilities ($79,074), and Manufacturing ($51,857).

Employment

Occupations

892

2024 Value

± 230

7.47%

1 Year growth

± 33.7%

From 2023 to 2024, employment in Albany, KY grew at a rate of 7.47%, from 830 employees to 892 employees.

The most common job groups, by number of people living in Albany, KY, are Office & Administrative Support Occupations (124 people), Management Occupations (113 people), and Sales & Related Occupations (108 people). This chart illustrates the share breakdown of the primary jobs held by residents of Albany, KY.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Kentucky.

This chart shows weekly unemployment insurance claims in Kentucky (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

892

2024 Value

± 230

7.47%

1 Year growth

± 33.7%

From 2023 to 2024, employment in Albany, KY grew at a rate of 7.47%, from 830 employees to 892 employees.

The most common employment sectors for those who live in Albany, KY, are Accommodation & Food Services (169 people), Manufacturing (136 people), and Retail Trade (132 people). This chart shows the share breakdown of the primary industries for residents of Albany, KY, though some of these residents may live in Albany, KY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$19,871

Median earning men ± $16,453

$33,417

Median earning women ± $10,715

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($78,796), Manufacturing ($46,250), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($21,500).

The industries with the best median earnings for women in 2024 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($90,750), Retail Trade ($72,545), and Manufacturing ($52,036).

Housing & Living

The median property value in Albany, KY was $111,100 in 2024, which is 0.334 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $102,500 to $111,100, a 8.39% increase. The homeownership rate in Albany, KY is 40.8%, which is lower than the national average of 65.2%.

People in Albany, KY have an average commute time of 17.1 minutes, and they drove alone to work. Car ownership in Albany, KY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$111,100

Median Property Value 2024

±$12,379

$338

Median Property Taxes

±$115

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Albany, KY the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Albany, KY compared to it's parent and neighbor geographies.

Rent vs Own

40.8%

Homeownership

2024

69.6%

Homeowners with Mortgage

2024

In 2024, 40.8% of the housing units in Albany, KY were occupied by their owner. This percentage declined from the previous year's rate of 41.4%.

This chart shows the percentage of owner in Albany, KY compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$44,007

Median Household Income

± $7,180

828

Number of Households

± 198

In 2024, the median household income of the 828 households in Albany, KY grew to $44,007 from the previous year's value of $40,301.

The following chart displays the households in Albany, KY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Albany, KY is from Kentucky.

0.446

2024 Wage GINI in Kentucky

0.449

2023 Wage GINI in Kentucky

In 2024, the income inequality in Kentucky was 0.446 according to the GINI calculation of the wage distribution. Income inequality had a 0.585% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Kentucky was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Kentucky in comparison to the national average.

This chart shows the number of workers in Kentucky across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (87.5%)
Carpooled (9.18%)
Worked At Home (2.72%)

In 2024, 87.5% of workers in Albany, KY drove alone to work, followed by those who carpooled to work (9.18%) and those who worked at home (2.72%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

17.1 minutes

Average Travel Time

Using averages, employees in Albany, KY have a shorter commute time (17.1 minutes) than the normal US worker (26.4 minutes). Additionally, 1.05% of the workforce in Albany, KY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Albany, KY compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Albany, KY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Albany, KY have 2 cars.

Poverty

Poverty & Diversity

13.6% of the population for whom poverty status is determined in Albany, KY (246 out of 1.81k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Females 65 - 74 and then Males 65 - 74.

The most common racial or ethnic group living below the poverty line in Albany, KY is White, followed by Other and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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