Albany, IL Employment - Median Household Income, Unemployment Rate

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A

13%

Income/capita NAT. AVG.

31%

Household income NAT. AVG.

65%

Unemployment NAT. AVG.

Index	Albany	Illinois	National
Income per capita	$50,750	$47,397	$44,883
Median household income	$106,809	$88,967	$81,333
Median income owner occupied	$112,205	$111,557	$106,172
Median income renter occupied	$0	$52,117	$52,080
Median earnings male	$60,095	$60,185	$54,343
Median earnings female	$47,944	$40,368	$38,439
Unemployment rate	1.7%	6.6%	4.9%
Poverty level	5.0%	14.0%	15.1%

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Homes For Sale In Albany, IL

207 3rd Ave N

Albany, IL

105 S Bluff St

Albany, IL

Lot 130 & Lot 131 Chippewa TRL

Albany, IL

507 S Church St

Albany, IL

Key findings

The income per capita in Albany is 13% higher than the national average
The median household income in Albany is 31% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Albany is 65% lower than the national average
The poverty level in Albany is 67% lower than the national average

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am i middle class

$71,198 $106,809 $213,618

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Albany median earnings by income bracket

Albany employment by industry

Labour Type	Male	Female
Construction industry	6.7%	6.7%
Manufacturing sector	37.8%	37.8%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	14.5%	14.5%
Public administration	2.1%	2.1%
Transportation, warehousing & utilities	11.4%	11.4%
Education, health & social services	1.0%	1.0%
Other	25.4%	25.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Erie, IL	1,927	$130,267	60.2%
Rapids City, IL	1,031	$123,536	51.9%
Port Byron, IL	2,071	$122,539	50.7%
McCausland, IA	388	$120,239	47.8%
Goose Lake, IA	304	$117,141	44.0%
Albany, IL	829	$106,809	31.3%

Cities with similar population

City	Population	Household Income	National Avg.
Wadley, AL	829	$30,479	62.5%
Teec Nos Pos, AZ	829	$52,078	36.0%
Brimfield, IL	829	$82,051	0.9%
Castine, ME	829	$207,988	155.7%
Belmont, NY	829	$80,450	1.1%
Albany, IL	829	$106,809	31.3%

Source: The Albany, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.