Albany, MN Employment - Median Household Income, Unemployment Rate

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A-

1%

Income/capita NAT. AVG.

21%

Household income NAT. AVG.

90%

Unemployment NAT. AVG.

Index	Albany	Minnesota	National
Income per capita	$45,386	$49,588	$44,883
Median household income	$98,715	$92,370	$81,333
Median income owner occupied	$126,019	$117,544	$106,172
Median income renter occupied	$23,067	$52,026	$52,080
Median earnings male	$81,975	$60,747	$54,343
Median earnings female	$46,644	$42,223	$38,439
Unemployment rate	0.5%	3.6%	4.9%
Poverty level	5.6%	10.8%	15.1%

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520 8th St

Albany, MN

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Albany, MN

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Albany, MN

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Albany, MN

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Key findings

The income per capita in Albany is 1% higher than the national average
The median household income in Albany is 21% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Albany is 90% lower than the national average
The poverty level in Albany is 63% lower than the national average

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am i middle class

$65,803 $98,715 $197,430

City

$61,573 $92,370 $184,740

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	19.1%	19.1%
Manufacturing sector	18.5%	18.5%
Financial & insurance services	5.1%	5.1%
Wholesale & retail services	14.3%	14.3%
Public administration	2.7%	2.7%
Transportation, warehousing & utilities	5.2%	5.2%
Education, health & social services	14.0%	14.0%
Other	21.2%	21.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Elmdale, MN	163	$146,673	80.3%
Rockville, MN	2,668	$131,610	61.8%
Lake Henry, MN	89	$130,640	60.6%
Avon, MN	1,599	$126,595	55.7%
St. Stephen, MN	882	$121,560	49.5%
Albany, MN	2,803	$98,715	21.4%

Cities with similar population

City	Population	Household Income	National Avg.
Aberdeen Proving Ground, MD	2,803	$177,081	117.7%
Stanley, ND	2,803	$137,483	69.0%
Oak Trail Shores, TX	2,803	$43,736	46.2%
Biscoe, NC	2,802	$67,138	17.5%
Clinton, NJ	2,802	$172,556	112.2%
Albany, MN	2,803	$98,715	21.4%

Source: The Albany, MN 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.