Cities / Kentucky / Albany

Albany, KY

2,264 people

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Population & People

Population

2,264

Median age

46.4

Median household income

$44,007

Poverty rate

13.6%

Unemployment rate

3.3%

Bachelor's degree+

14.4%

Avg. commute

17 min

Hispanic or Latino

4.5%

Source: U.S. Census Bureau, American Community Survey.

Housing & Rent

Median home value

$111,100

Median gross rent

$480/mo

Homeownership rate

40.82%

HUD FMR — 2 bedroom

$984

HUD Fair Market Rent (Kentucky statewide average across 120 areas — not specific to Albany), 2026. Efficiency $719, 1BR $794, 2BR $984, 3BR $1277, 4BR $1442. This is a different official figure from Census median gross rent above.

Energy

Kentucky commercial electricity

11.88¢/kWh

Kentucky industrial electricity

6.96¢/kWh

Kentucky residential electricity

13.24¢/kWh

Economy

Gross Domestic Product: All Industry Total

306897.4

Real Gross Domestic Product: All Industry Total

233243.1

All-Transactions House Price Index for Kentucky

588.4

Unemployment Rate

4.7%

Source: FRED, Kentucky-specific series.

Nearby Airports

Sources & Data: National Weather Service (weather, alerts), EPA AirNow (air quality), U.S. Census Bureau (population, housing), HUD (Fair Market Rent), U.S. Energy Information Administration (Kentucky energy prices), Federal Reserve Bank of St. Louis (Kentucky economic indicators), OurAirports (airport directory).