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Albert Lea, MN 56007 has a population of approximately 21,152 and experiences a population change rate of -1.73%. The population density is 125.1 / sq mi .
The median household income for Albert Lea, MN 56007 is $55,450, with 9,011 households and an average household size of 2.34.
The median value of a home in Albert Lea, MN 56007 is $146,600 with an appreciation rate of 11.60%. 68.21% of housing in the state is owned while 22.89% is rented.
The cost of living in Albert Lea, MN 56007 is 79.9 %.
The unemployment rate in Albert Lea, MN 56007 is 2.50%, and recent job growth is at -0.42%. Future job growth is projected at 25.17%.
The sales tax rate in Albert Lea, MN 56007 is 7.88%, while the income tax rate is 6.80% .
School expenditures in Albert Lea, MN 56007 are $18,349, and the school ratio is 15:1.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 5 degrees. The average rainfall is approximately 34.3 inches per year, with 38.7 inches of snow per year.
