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ZipNumbers

Kentucky · Census place 00694

Albany city, KY

Quick answer

Albany city has 1,972 residents, ranking #177 of 554 places in Kentucky. Median household income is $40,301, the median home is worth $102,500 and median gross rent runs $610 a month.

Population
1,972Albany city residents
Median household income
$40,301Past 12 months, inflation adjusted
Median home value
$102,500Owner-occupied units
Median gross rent
$610Rent plus utilities, monthly
Median age
46.2 yrsAll residents
Homeownership rate
41.4%Owner-occupied households

What the numbers mean in Albany city

Housing cost measured against local earnings.

A household earning the Albany city median would spend about 18.2% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.2% of residents and 41.4% 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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