Located in the state of Oregon, Albany is a moderately-sized city with a population of 51,919 inhabitants. According to the most recent Census, 89% of Albany residents are White, 2% Asian and 1% Black. If you are looking for a family friendly city, Albany might be a good fit as 72% of the population over 15 years old are married, and 60% have kids who are 18 years old or younger.
Living in Albany can be a great experience for anyone relocating to the area. Having said that, in the state of Oregon, there are many amazing places to live, so choose wisely! 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 amenities, crime, education, employment and other important metrics.
The livability score in Albany is 75 out of 100 and the city is ranked in the 82nd percentile of all cities across America. This is a terrific score, as Albany ranks well in multiple categories! If we examine each of the categories individually, we see that Albany ranks well for amenities (A+), crime (B) and housing (B-). On a less positive note, Albany does not have favorable scores for the following: employment (D-). If we take a look at the data, we can find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Albany, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Brass Ring Carousel Museum, Monteith Park, and Albany Regional Museum.
Low violent crime (murder, rape, robbery, assault) is a must for most people when searching for a new area to live. At 104 crimes per 100,000 residents, Albany has a violent crime rate that is far below the national average.
Albany real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Albany. Median real estate prices in Albany come in at $179,900, which is 27.2% lower than the Oregon average. The home price to income ratio compares the median home prices to the median household income. In Albany, the home price to income ratio is 3.6, which is 21.7% lower than the Oregon average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Albany were 7%, and the 5 year appreciation rates came in at 10.1%.
|Average one way commute||20min||23min||26min|
|Workers who drive to work||79.3%||71.4%||76.4%|
|Workers who carpool||10.3%||10.3%||9.3%|
|Workers who take public transit||0.4%||4.4%||5.1%|
|Workers who bicycle||0.9%||2.4%||0.6%|
|Workers who walk||3.2%||3.9%||2.8%|
|Working from home||4.2%||6.4%||4.6%|