City profile · Illinois · Census ACS 2023

Albany, IL

Population, income, housing, safety, climate and schools for Albany - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

783
Residents
$68,750
Median income
$147,800
Median home
$916
Median rent (state)

Albany - the verdict

Measured against every US city with at least 1,000 residents, Albany lands in the 48th percentile for household income. Source: Census ACS.

48th
percentile, household income
26th
percentile, home value
5th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Albany, IL

Illinois's Albany is a small town, with 783 residents per the latest Census Bureau ACS figures. Albany households earn a median of $68,750 annually, below the median for U.S. cities on this measure, with a poverty rate of 1.0%. Home values in Albany run a median of $147,800, and the median resident age is 37.9 years. Educational attainment runs 13.9% of adults with a bachelor's degree or higher. Separately, 53.8% of working-age residents are in the labor force.

In 2024, 0 residential building permits were authorized in Albany (No Permits), down 100% from five years earlier, per Census BPS data.

Illinois tracks close to the national cost-of-living baseline: the state registers 100.0 on a 100-equals-national-average index (Near Average) per BEA Regional Price Parities 2024. A typical two-bedroom carries a HUD Fair Market Rent of $916 per month statewide. Monthly utility costs average around $240 across Illinois, per EIA 2023 residential energy estimates. Natural-hazard exposure scores 65.8 out of 100 on FEMA's National Risk Index (Moderate).

Population

783 residents

Census ACS 2023 - Illinois

Median Household Income

$68,750 /yr

Poverty 1.0%

Cost of Living Index (state)

100.0 (US=100)

Near Average - BEA RPP 2024, Illinois average

How does Albany compare to other US cities?

Albany measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 48% higher than other cities
Home value 26% pricier than other cities
Median rent 5% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Albany's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Illinois, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

48thIncome percentile

48th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Albany's home value compares nationally

Median home value vs. every US city (population 1,000+)

$147,800 Among the most affordable more affordable than 74% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). This entry sits in this band. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Albany $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Albany, IL Albany, IL's reported median household income shown against the U.S. national quintile-share pattern (not Albany, IL-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Albany, IL median $68,750/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Albany, IL's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Albany, IL. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 13.9%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 1.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 53.8%

Census ACS S2301, share of working-age residents in the labor force

Population
783
Median Income
$68,750
Median Home Value
$147,800
Median Age
37.9
Poverty Rate
1.0%
Labor force participation
53.8%
Bachelor's Degree+
13.9%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
830 residents840 residents850 residents860 residents 202020212022202320242025 856 residents 838 residents ▼ -2.1%
Albany's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

Total Permits (2024)
0
housing units authorized
Single-Family
0
detached homes
Multifamily
0
apartments & condos

5-Year Permit Trend (2019–2024)

Year Total
2019 1
2020 0
2021 1
2022 1
2023 0
2024 0

Permit volume decreased 100% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
86.6%
Carpool
10.5%
Public Transit
0.0%
Walk
0.0%
Work from Home
2.9%

Based on 306 workers 16 and over.

Monthly Utility Costs

State-average estimates for Illinois - EIA 2023 residential energy data

Electricity
$100
avg/month
Natural Gas
$90
avg/month
Water & Sewer
$50
avg/month
Total Utilities
$240
estimated/month

Estimates reflect Illinois state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Illinois state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Albany sits in

Cost of Living Index
100.0
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$916/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
65.8 / 100
Moderate
FEMA NRI composite score (county)

Similar Cities in Illinois

Wataga
782 people
Elkville
781 people
Evansville
781 people
Glasford
785 people
Ogden
785 people
Pleasant Plains
785 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Albany's 783 residents (Census ACS 5-Year 2023).

Butte Creek Canyon, CA
783 people
Silver Cliff, CO
783 people
Grandview, IN
783 people
Calhoun, KY
783 people
Gibsland, LA
783 people
Wood Heights, MO
783 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Albany's $68,750 (Census ACS 5-Year 2023, table B19013).

Buffalo Soapstone, AK
$68,750 median income
Friendship, AR
$68,750 median income
Garner, AR
$68,750 median income
Poyen, AR
$68,750 median income
Colusa, CA
$68,750 median income
Yampa, CO
$68,750 median income

Race & Ethnicity Composition

Race and ethnicity - Albany, IL Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Albany, IL - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 94.0% ETHNICITY, Hispanic or Latino (any race) 4.1% White 94.0% Black or African American 1.9% Asian 0.0% American Indian 0.3% Native Hawaiian 0.0% Some other race 0.0% Two or more races 3.8% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Albany compares to nearby Illinois cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Albany (this city) 783 $68,750
Wataga 782 $57,500
Elkville 781 $46,600
Evansville 781 $63,125
Census ACS 5-year FIPS IL Census BPS 2024 OMB Bulletin 23-01

What do people ask about Albany, IL?

What is the population of Albany, IL? +

783 people live in Albany, IL according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Albany, IL? +

The median household income in Albany is $68,750 per year, based on Census ACS 2023 data.

What is the cost of living in Albany? +

BEA does not publish a city-level cost-of-living figure for Albany; the closest available measure is the Illinois state average, a cost of living index of 100.0 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Illinois vary by metro area.

What is the median home value in Albany, IL? +

A typical home in Albany is worth $147,800, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.