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Albany Apartment Features
Apartments Near Albany
Living In Albany, OR
Albany, Oregon is a town with slightly less than 52,000 residents. With an average age of just over 38, the city's residents skew younger than most cities in Oregon. Most residents own their homes in Albany, and 41% of residents rent. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $926/month. Over the course of a year, renters in Albany will save around $1,800 compared to the state average.
Albany has an average commute time of about 22 minutes. Driving a car or truck is the most common means of commuting to work, opted for by 40% of workers, while public transit is not used much. Walking isn't a common means of commuting to work.
Albany has a relatively high percentage of residents older than 25 who have earned an Associate's degree (7%) compared to the national average (5%). Additionally, 18% have a Bachelor's, Master's, Professional, or Doctoral degree. There are three primary industries in Albany: healthcare, retail, and manufacturing. Together, these industries account for 21% of the labor force in the city. Meanwhile, looking at job function, 6% of the city's population works in sales, making it the top career path in the city. With an average annual income of about $66,000, Albany workers earn a bit less than the average Oregon resident. Albany's average income also trails the national average ($73,345).
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