Albany employment information

IndexAlbanyMinnesotaNational
Income per capita$26,303$33,225$29,829
Median household income$53,902$63,217$55,322
Median income owner occupied$69,063$77,618$70,586
Median income renter occupied$20,833$34,348$35,192
Median earnings male$41,568$40,933$36,919
Median earnings female$30,735$29,114$26,250
Unemployment rate1.1%3.4%4.7%
Poverty level12.1%10.8%15.1%
The Albany, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Albany is $26,303, which is 21% lower than than the Minnesota average and 12% lower than than the national average. The median household income is $53,902, which is 15% lower than than the Minnesota average and 3% lower than than the national average. The unemployment rate in Albany is 1%, which is 77% lower than than the national average. The poverty rate in Albany is 12% which is 20% lower than than the national average.

am i middle class

$Input your household income
$35,931$53,902$107,804
City
$42,140$63,217$126,434
State
$36,877$55,322$110,644
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.

Did you know?

  • The income per capita in Albany is 12% lower than the national average.
  • The median household income in Albany is 3% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Albany is 77% lower than the national average.
  • The poverty level in Albany is 20% lower than the national average.

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Compare Albany, MN Employment To Other Cities

Employment status

Hours worked per week

Albany median earnings by income bracket

Albany employment by industry

Labour TypeMaleFemale
Construction industry18.3%0.9%
Manufacturing sector24.6%1.2%
Financial & insurance services1.6%9.2%
Wholesale & retail services13.2%8.5%
Public administration4.7%3.5%
Transportation, warehousing & utilities5.6%0.0%
Education, health & social services14.7%45.7%
Other16.6%19.0%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
St. Rosa, MN69$76,25038%
St. Stephen, MN887$75,54737%
Rockville, MN2,511$70,35227%
Avon, MN1,669$68,03623%
Freeport, MN751$64,00016%
Albany, MN2,645$53,9023%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Nixon, TX2,645$35,97635%
New Richmond, OH2,645$47,24515%
McCormick, SC2,645$26,56352%
Croom, MD2,645$113,021104%
St. Henry, OH2,646$75,31336%
Albany, MN2,645$53,9023%
Source: The Albany, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).