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
Compare with nearby places
Places of similar size in Kentucky.
- Hurstbourne Acres city 1,984
- Owingsville city 1,977
- Dawson Springs city 1,973
- Beattyville city 1,948
- Jeffersonville city 1,937
- Pineville city 1,906
- Salyersville city 1,891
Keep going
More Kentucky coverage.