Albany, IN Employment - Median Household Income, Unemployment Rate

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F

19%

Income/capita NAT. AVG.

13%

Household income NAT. AVG.

16%

Unemployment NAT. AVG.

Index	Albany	Indiana	National
Income per capita	$36,244	$39,271	$44,883
Median household income	$70,842	$75,463	$81,333
Median income owner occupied	$72,993	$93,561	$106,172
Median income renter occupied	$38,930	$44,330	$52,080
Median earnings male	$52,267	$53,211	$54,343
Median earnings female	$49,008	$34,936	$38,439
Unemployment rate	5.7%	4.6%	4.9%
Poverty level	6.7%	15.0%	15.1%

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Homes For Sale In Albany, IN

391 W Albany Ct

Albany, IN

233 S Broadway St

Albany, IN

8111 E Desoto St

Muncie, IN

335 N Parker Ave

Albany, IN

Key findings

The income per capita in Albany is 19% lower than the national average
The median household income in Albany is 13% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Albany is 16% higher than the national average
The poverty level in Albany is 56% lower than the national average

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am i middle class

$47,223 $70,842 $141,684

City

$50,303 $75,463 $150,926

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	8.6%	8.6%
Manufacturing sector	31.3%	31.3%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	21.6%	21.6%
Public administration	3.2%	3.2%
Transportation, warehousing & utilities	5.3%	5.3%
Education, health & social services	6.1%	6.1%
Other	22.9%	22.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Shamrock Lakes, IN	267	$102,419	25.9%
Yorktown, IN	11,393	$101,370	24.6%
Upland, IN	3,827	$89,969	10.6%
Winchester, IN	4,934	$78,333	3.7%
Parker City, IN	1,145	$71,931	11.6%
Albany, IN	2,426	$70,842	12.9%

Cities with similar population

City	Population	Household Income	National Avg.
Effort, PA	2,426	$121,303	49.1%
Quanah, TX	2,426	$63,901	21.4%
Sainte-Victoire-de-Sorel, QC	2,426	n/a
Leipsic, OH	2,424	$67,550	16.9%
Port McNeill, BC	2,424	n/a
Albany, IN	2,426	$70,842	12.9%

Source: The Albany, IN 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.