Albany, LA
Population 969 · Louisiana
About Albany, LA
Albany is a small community located in Louisiana with a population of 969 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,000 per year, which is 27% below the national median of $75,149. The median age of 33.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Albany features a median home value of $207,100, which is 15% below the national median of $244,900. This positions Albany in a moderately priced market relative to the rest of the country. Median monthly rent is $756, 35% below the national average of $1,163/month. Of the 443 total housing units, 57% are owner-occupied (208 units) and 43% are renter-occupied (156 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Albany shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Albany have an average one-way commute time of 30.9 minutes.
Education & Demographics
19.1% of Albany 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 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Albany, LA
Compared to national averages, Albany has a median household income of $55,000 (27% below the national median of $75,149). Home values average $207,100, which is 15% below the national median. Monthly rent at $756 is 35% below the US average of $1,163. Within Louisiana, Albany's income is 1% above the state average of $54,685, and home values are 32% above the state median of $156,619.
Why Live in Albany, LA?
Albany offers affordable housing with a median home value of $207,100, below the US average of $244,900, and rent that’s lower than the national average at $756/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features a low poverty rate of 7.4%, better than the national average.
Potential considerations include median household income ($55,000) that falls below the national average. However, Albany’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Albany has a population of 969 with a median age of 33.4 years. Compare Albany with other cities to see how it stacks up, or explore all cities in Louisiana.
Similar Cities Near Albany
Cities in Louisiana with a similar population size.
Demographics
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Economy & Education
Housing
Other Cities in Louisiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Albany
What is the population of Albany, LA?
The population of Albany, LA is 969 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Louisiana.
What is the median household income in Albany?
The median household income in Albany, LA is $55,000 per year, which is 27% below the national median of $75,149.
What is the median home value in Albany?
The median home value in Albany, LA is $207,100, which is 15% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Albany?
The median monthly rent in Albany, LA is $756, which is 35% below the national average of $1,163/month.
What is the unemployment rate in Albany?
The unemployment rate in Albany, LA is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Albany, LA a good place to live?
Albany offers a moderate cost of living, affordable housing, and a strong job market. With a population of 969 and a median age of 33.4, the city appeals to young professionals and families.
How educated is Albany, LA?
19.1% of residents in Albany 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 Albany?
Key cost-of-living indicators for Albany, LA: median home value is $207,100 (15% below national), median rent is $756/month, and median household income is $55,000. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Albany?
The poverty rate in Albany, LA is 7.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Albany, LA?
Albany's population is 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.2% two or more races. 0.0% of residents are foreign-born.