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ZipNumbers

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

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