Albany, OR
Population 56,773 · Oregon
About Albany, OR
Albany is a mid-sized city in Oregon with a population of 56,773 residents. The median household income is $73,809 per year, which is above the national average. The median age in Albany is 37.1 years.
Housing in Albany has a median home value of $352,900 and median monthly rent of $1,311. Of the 22,552 total housing units, the majority are owner-occupied, with 12,969 owner-occupied and 8,866 renter-occupied units.
The unemployment rate in Albany is 5.9% and the poverty rate is 13.3%. 28.6% of residents hold a bachelor's degree or higher. The average commute time is 20.5 minutes.
How Albany Ranks in Oregon
Cost of Living in Albany, OR
Compared to national averages, Albany has a median household income of $73,809 (2% below the national median of $75,149). Home values average $352,900, which is 44% above the national median. Monthly rent at $1,311 is 13% above the US average of $1,163. Within Oregon, Albany's income is 3% below the state average of $76,196, and home values are 8% below the state median of $382,095.
Why Live in Albany, OR?
Albany offers short commute times averaging just 20.5 minutes.
Potential considerations include median household income ($73,809) that falls below the national average. However, as a mid-sized city, Albany provides access to a wide range of amenities and services.
Albany has a population of 56,773 with a median age of 37.1 years. Compare Albany with other cities to see how it stacks up, or explore all cities in Oregon.
Similar Cities Near Albany
Cities in Oregon with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tigard | 55,395 | $105,008 | $585,700 | Compare |
| Aloha | 53,362 | $96,754 | $465,500 | Compare |
| Corvallis | 60,424 | $63,807 | $480,600 | Compare |
| Springfield | 61,642 | $67,211 | $323,800 | Compare |
| Lake Oswego | 40,367 | $140,441 | $894,000 | Compare |
| Grants Pass | 39,183 | $56,877 | $364,200 | Compare |
| Keizer | 39,013 | $81,217 | $396,700 | Compare |
| Oregon City | 37,482 | $94,648 | $531,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oregon
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, OR?
The population of Albany, OR is 56,773 according to the latest Census data.
What is the median household income in Albany?
The median household income in Albany, OR is $73,809 per year.
What is the median home value in Albany?
The median home value in Albany, OR is $352,900.
What is the average rent in Albany?
The median monthly rent in Albany, OR is $1,311.
What is the unemployment rate in Albany?
The unemployment rate in Albany, OR is 5.9%.