Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Albany city, Minnesota?
City · Census ACS 5-Year estimates
The median home value in Albany city, Minnesota is $238,500 (±$8,593), based on Census ACS 5-Year estimates (2024). The median gross rent is $642/month, and the median household income is $69,167/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Albany city, Minnesota
| Metric | Value |
|---|---|
| Median Home Value | $238,500 |
| Median Gross Rent | $642 |
| Median Household Income | $69,167 |
| Total Housing Units | 1,168 |
| Renter-Occupied Units | 388 |
| Renter-Occupied Share | 33% |
How does Albany city, Minnesota compare?
Median home value ranked against all cities in Minnesota.
Higher home value than 67% of cities in Minnesota · 287th of 870
| # | City | Value |
|---|---|---|
| 1 | Village of Minnetonka Beach city | $2,000,001 |
| 2 | Greenwood city | $1,240,400 |
| 3 | Woodland city | $1,185,300 |
| … 283 more … | ||
| 287 | Albany city(you are here) | $238,500 |
| … 580 more … | ||
| 868 | Funkley city | $22,900 |
| 869 | Landfall city | $18,900 |
| 870 | Rice Lake CDP | $18,800 |
More data for Albany city, Minnesota
Frequently asked questions
What is the median home value in Albany city, Minnesota?
The median home value in Albany city, Minnesota is $238,500, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Albany city, Minnesota?
The median gross rent in Albany city, Minnesota is $642/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Albany city, Minnesota?
The median household income in Albany city, Minnesota is $69,167/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $238,500 has a margin of error of ±$8,593. In very small areas, MOEs can be large relative to the estimate.
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