Indiana · Census place 00802
Albany town, IN
Quick answer
Albany town has 2,984 residents, ranking #179 of 976 places in Indiana. Median household income is $56,356, the median home is worth $103,600 and median gross rent runs $669 a month.
- Population
- 2,984Albany town residents
- Median household income
- $56,356Past 12 months, inflation adjusted
- Median home value
- $103,600Owner-occupied units
- Median gross rent
- $669Rent plus utilities, monthly
- Median age
- 50.5 yrsAll residents
- Homeownership rate
- 81.9%Owner-occupied households
What the numbers mean in Albany town
Housing cost measured against local earnings.
A household earning the Albany town median would spend about 14.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.7% of residents and 81.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Shorewood Forest CDP 3,030
- New Palestine town 3,027
- Brownstown town 3,020
- Delphi city 2,913
- Heritage Lake CDP 2,913
- Grissom AFB CDP 2,882
- Bicknell city 2,879
Keep going
More Indiana coverage.