Albany is a medium-sized city located in the state of Georgia. The city has a population of 75,657 inhabitants. With a total of 72%, the Black or African American racial group makes up the majority of the population in Albany. The next most represented races are 24% White and 1% Asian. Albany tends to attract a younger crowd, as the median age of 33 is far below the national average. Single men and women might be happy to hear that in CityName, only Albany% of the population is married.
Living in Albany can be a great experience for anyone relocating to the city. Having said that, in the state of Georgia, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Albany and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Georgia and national averages.
Using data and statistics Albany has received a livability score of 56 out of 100. This score is ranked in the 25th percentile when compared to all other cities. This is a poor rating when compared to the average of other places in the country. If we consider each of the categories individually, we see that Albany ranks well for cost of living (A+) and housing (B+). Regrettably for Albany, there are some categories for which it does not score well, this includes: amenities (F), crime (F), education (F) and employment (F).
Finding affordable real estate and apartments for rent in Albany can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Albany meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Albany. Everything else becomes a lot less important if it turns out that home prices in Albany are simply unattainable. The median home price for Albany homes is $99,600, which is 34.6% lower than the Georgia average. If we take a closer look at the affordability of homes in Albany, we’ll see that the home price to income ratio is 3.2, which is 6.7% higher than the Georgia average.
|Average one way commute||18min||28min||26min|
|Workers who drive to work||76.2%||79.6%||76.4%|
|Workers who carpool||13.3%||10.1%||9.3%|
|Workers who take public transit||2.1%||2.1%||5.1%|
|Workers who bicycle||0.0%||0.2%||0.6%|
|Workers who walk||3.4%||1.6%||2.8%|
|Working from home||4.1%||5.1%||4.6%|