Albert City, IA
Population 680 · Iowa
About Albert City, IA
Albert City is a small community located in Iowa with a population of 680 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,094 per year, which is 1% above the national median of $75,149. The median age of 45.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Albert City features a median home value of $92,500, which is 62% below the national median of $244,900. This makes Albert City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $778, 33% below the national average of $1,163/month. Of the 298 total housing units, 80% are owner-occupied (208 units) and 20% are renter-occupied (53 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Albert City shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Albert City have an average one-way commute time of 28.4 minutes.
Education & Demographics
16.9% of Albert City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 9.9% White, 4.7% Hispanic or Latino, 0.7% Black or African American, and 4.1% Asian residents, with 8.1% of the population being foreign-born.
Cost of Living in Albert City, IA
Compared to national averages, Albert City has a median household income of $76,094 (1% above the national median of $75,149). Home values average $92,500, which is 62% below the national median. Monthly rent at $778 is 33% below the US average of $1,163. Within Iowa, Albert City's income is 12% above the state average of $67,947, and home values are 30% below the state median of $132,237.
Why Live in Albert City, IA?
Albert City offers a strong local economy with a median household income of $76,094, well above the national average, and affordable housing with a median home value of $92,500, below the US average of $244,900, and rent that’s lower than the national average at $778/month.
Albert City has a population of 680 with a median age of 45.5 years. Compare Albert City with other cities to see how it stacks up, or explore all cities in Iowa.
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Economy & Education
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Albert City
What is the population of Albert City, IA?
The population of Albert City, IA is 680 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Albert City?
The median household income in Albert City, IA is $76,094 per year, which is 1% above the national median of $75,149.
What is the median home value in Albert City?
The median home value in Albert City, IA is $92,500, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Albert City?
The median monthly rent in Albert City, IA is $778, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Albert City?
The unemployment rate in Albert City, IA is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Albert City, IA a good place to live?
Albert City offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 680 and a median age of 45.5, the city appeals to established professionals and retirees.
How educated is Albert City, IA?
16.9% of residents in Albert City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Albert City?
Key cost-of-living indicators for Albert City, IA: median home value is $92,500 (62% below national), median rent is $778/month, and median household income is $76,094. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Albert City?
The poverty rate in Albert City, IA is 13.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Albert City, IA?
Albert City's population is 9.9% White, 4.7% Hispanic or Latino, 0.7% Black or African American, 4.1% Asian, and 0.4% two or more races. 8.1% of residents are foreign-born.