Albany, NY
Population 100,081 · New York
About Albany, NY
Albany is a major city in New York with a population of 100,081 residents. The median household income is $59,485 per year, which is near the national average. The median age in Albany is 31.9 years.
Housing in Albany has a median home value of $223,000 and median monthly rent of $1,178. Of the 50,709 total housing units, renting is more common than owning, with 16,585 owner-occupied and 27,160 renter-occupied units.
The unemployment rate in Albany is 8.3% and the poverty rate is 23.4%. 44.8% of residents hold a bachelor's degree or higher. The average commute time is 19.5 minutes.
How Albany Ranks in New York
Cost of Living in Albany, NY
Compared to national averages, Albany has a median household income of $59,485 (21% below the national median of $75,149). Home values average $223,000, which is 9% below the national median. Monthly rent at $1,178 is 1% above the US average of $1,163. Within New York, Albany's income is 39% below the state average of $96,987, and home values are 42% below the state median of $387,181.
Why Live in Albany, NY?
Albany offers affordable housing with a median home value of $223,000, below the US average of $244,900, and a well-educated community where 44.8% of residents hold a bachelor’s degree or higher, and short commute times averaging just 19.5 minutes.
Potential considerations include median household income ($59,485) that falls below the national average. However, as a major city, Albany provides access to a wide range of amenities and services.
Albany has a population of 100,081 with a median age of 31.9 years. Compare Albany with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Albany
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Rochelle | 81,591 | $103,813 | $667,300 | Compare |
| Cheektowaga | 76,251 | $66,293 | $169,200 | Compare |
| Mount Vernon | 72,528 | $77,171 | $449,600 | Compare |
| Schenectady | 68,521 | $56,398 | $152,000 | Compare |
| Utica | 64,440 | $51,513 | $133,400 | Compare |
| White Plains | 59,818 | $115,586 | $624,100 | Compare |
| Hempstead | 58,569 | $82,454 | $442,100 | Compare |
| Tonawanda Town | 56,973 | $76,644 | $199,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
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, NY?
The population of Albany, NY is 100,081 according to the latest Census data.
What is the median household income in Albany?
The median household income in Albany, NY is $59,485 per year.
What is the median home value in Albany?
The median home value in Albany, NY is $223,000.
What is the average rent in Albany?
The median monthly rent in Albany, NY is $1,178.
What is the unemployment rate in Albany?
The unemployment rate in Albany, NY is 8.3%.