Albany, MN 56307 has a population of approximately 5,340 and experiences a population change rate of 30.82%. The population density is 49.8 / sq mi .
Albany, MN 56307 has a population of approximately 5,340 and experiences a population change rate of 30.82%. The population density is 49.8 / sq mi .
The median household income for Albany, MN 56307 is $80,859, with 1,912 households and an average household size of 2.76.
The median value of a home in Albany, MN 56307 is $302,800 with an appreciation rate of 13.60%. 79.01% of housing in the state is owned while 15.88% is rented.
The cost of living in Albany, MN 56307 is 97.6 %.
The unemployment rate in Albany, MN 56307 is 2.90%, and recent job growth is at 0.72%. Future job growth is projected at 27.73%.
The sales tax rate in Albany, MN 56307 is 7.63%, while the income tax rate is 6.80% .
School expenditures in Albany, MN 56307 are $15,893, and the school ratio is 15.3:1.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 1.5 degrees. The average rainfall is approximately 29.1 inches per year, with 46.3 inches of snow per year.