Albany, VT
Population 161 · Vermont
About Albany, VT
Albany is a small community located in Vermont with a population of 161 residents according to the latest US Census Bureau American Community Survey data. The median household income is $96,250 per year, which is 28% above the national median of $75,149. The median age of 42.9 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 Albany features a median home value of $187,500, which is 23% 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 $0, 100% below the national average of $1,163/month. Of the 73 total housing units, 100% are owner-occupied (58 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Albany shows an unemployment rate of 1.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Albany have an average one-way commute time of 28.1 minutes.
Education & Demographics
40.0% of Albany residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Albany Ranks in Vermont
Cost of Living in Albany, VT
Compared to national averages, Albany has a median household income of $96,250 (28% above the national median of $75,149). Home values average $187,500, which is 23% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Vermont, Albany's income is 32% above the state average of $72,974, and home values are 27% below the state median of $255,863.
Why Live in Albany, VT?
Albany offers a strong local economy with a median household income of $96,250, well above the national average, and affordable housing with a median home value of $187,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 1.2%, and a well-educated community where 40.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.1%, better than the national average.
Albany has a population of 161 with a median age of 42.9 years. Compare Albany with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near Albany
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Harmonyville | 159 | $65,795 | $258,300 | Compare |
| South Lincoln | 159 | $123,750 | $308,100 | Compare |
| Townshend | 158 | $38,295 | $245,800 | Compare |
| Concord | 165 | $65,417 | $133,100 | Compare |
| Sutton | 165 | $80,481 | $213,600 | Compare |
| West Burke | 165 | $24,444 | $220,000 | Compare |
| Danby | 166 | $62,500 | $210,000 | Compare |
| Waitsfield | 166 | $23,068 | $460,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Vermont
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Albany With Other Cities
Frequently Asked Questions about Albany
What is the population of Albany, VT?
The population of Albany, VT is 161 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Vermont.
What is the median household income in Albany?
The median household income in Albany, VT is $96,250 per year, which is 28% above the national median of $75,149.
What is the median home value in Albany?
The median home value in Albany, VT is $187,500, which is 23% 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, VT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Albany?
The unemployment rate in Albany, VT is 1.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Albany, VT a good place to live?
Albany offers above-average incomes, affordable housing, and a strong job market. With a population of 161 and a median age of 42.9, the city appeals to a broad range of residents.
How educated is Albany, VT?
40.0% of residents in Albany aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Albany?
Key cost-of-living indicators for Albany, VT: median home value is $187,500 (23% below national), median rent is $0/month, and median household income is $96,250. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Albany?
The poverty rate in Albany, VT is 3.1%, 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, VT?
Albany's population is 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.1% two or more races. 0.0% of residents are foreign-born.