Albany is a small city in NY with a population of 98,452 residents. With a median home price of $375,315 (7% above the national median) and median household income of $80,175, Albany is considered moderately affordable with a price-to-income ratio of 4.7x.
The real estate market in Albany features a median home price of $375,315, which is 7% higher than the U.S. national median of $350,000. Monthly rent averages $1,564, 4% above the national average. Over the past decade, rent has increased by 53%.
Albany has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Albany offers a median household income of $80,175, which is 15% higher than the national median of $70,000. Residents spend approximately 23% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Albany is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Albany compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Albany is $375,315, with average monthly rent of $1,564. The median household income is $80,175, giving the city a price-to-income ratio of 4.7x.
Albany has moderate affordability with a price-to-income ratio of 4.7x, close to the national average.
Albany has a population of 98,452 residents, making it the #246 largest city in the United States.
Albany has a violent crime rate of 308 per 100,000 residents, which is below the national average. The property crime rate is 1048 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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