Albany, MN Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Albany is 3% higher than the national average
The median household income in Albany is 17% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Albany is 89% 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

$43,329 $65,000 $130,000

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.

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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	158	$97,000	75.3%
Rockville, MN	2,571	$88,438	59.9%
Lake Henry, MN	86	$88,269	59.6%
Avon, MN	1,547	$85,463	54.5%
St. Stephen, MN	851	$82,273	48.7%
Albany, MN	2,735	$65,000	17.5%

Cities with similar population

City	Population	Household Income	National Avg.
Williamson, WV	2,735	$25,707	53.5%
Saint-Gilles, QC	2,735	n/a
Hawthorne, NV	2,734	$33,697	39.1%
French River / Rivière des Français, ON	2,734	n/a
Wendell, ID	2,736	$39,485	28.6%
Albany, MN	2,735	$65,000	17.5%

Source: The Albany, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Albany	Minnesota	National
Income per capita	$30,745	$33,225	$29,829
Median household income	$65,000	$63,217	$55,322
Median income owner occupied	$82,917	$77,618	$70,586
Median income renter occupied	$15,750	$34,348	$35,192
Median earnings male	$55,313	$40,933	$36,919
Median earnings female	$31,417	$29,114	$26,250
Unemployment rate	0.5%	3.4%	4.7%
Poverty level	5.6%	10.8%	15.1%