Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Located in the state of Minnesota, Albany is a small-sized city with a population of 2,735 people. If we look at the most recent Census, Albany is known to have a predominantly White population. The next two most common races are Black and Asian. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Albany, your commute time will align closely with the national average, spanning a one-way duration of approximately 23 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Albany could be a positive experience compared to other cities in Minnesota if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Albany and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes commute, education, employment, housing and other important metrics.
The livability score in Albany is 73/100 and the city is ranked in the 86th percentile of all cities across America. If we consider each of the categories on their own, we see that Albany ranks well for crime (A+), cost of living (B-), education (A-), employment (B+) and housing (A). There are some categories that Albany ranks poorly for, including: amenities (F). It might be worth taking a closer look to determine why.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Albany shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 106 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Albany has an unemployment rate of 0.52% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Parents and families often rely on school test scores when making decisions about local public schools. Test score data serves as a crucial metric for comparing and assessing various educational institutions. In Albany, the average school test scores reached an impressive 70%, significantly higher than the national average. This remarkable performance underscores the commitment of the educational system to equip students with the knowledge and resources necessary for success. It allows your children to receive the support and skills that are essential for thriving academically, making Albany an excellent choice for families seeking a high-quality education.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Albany market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Albany. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Albany are affordable. The median home price for Albany homes is $161,500, which is 15.7% lower than the Minnesota 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 2.5, which is 16.7% lower than the Minnesota average.
| Statistic | Albany | Minnesota | National |
| Average one way commute | 23min | 23min | 26min |
| Workers who drive to work | 83.2% | 78.0% | 76.4% |
| Workers who carpool | 5.0% | 8.7% | 9.3% |
| Workers who take public transit | 0.0% | 3.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 8.1% | 2.8% | 2.8% |
| Working from home | 3.7% | 5.3% | 4.6% |
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