Most Expensive Albany Neighborhoods
Albany is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 19,488 people and six constituent neighborhoods, Albany is the 321st largest community in California. Albany has a large stock of pre-World War II architecture, making it one of the older and more historic cities in the country.
Albany home prices are not only among the most expensive in California, but Albany real estate also consistently ranks among the most expensive in America.
Albany is a decidedly white-collar city, with fully 92.51% of the workforce employed in white-collar jobs, well above the national average. Overall, Albany is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Albany who work in teaching (14.32%), management occupations (11.13%) and the sciences (10.38%).
And if you like science, one thing you'll find is that Albany has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.
Of important note, Albany is also a city of artists. Albany has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Albany’s character.
Also of interest is that Albany has more people living here who work in computers and math than 95% of the places in the US.
Albany, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
Albany is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Albany is that it can take a long time to commute to work. In Albany, the average commute to work is 30.79 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly city. Many of Albany’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
Even though Albany is a smaller city, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you like to read, write and learn? If you move to Albany, you'll likely find that many of your neighbors like to as well. Albany is one of the more educated communities in America, with a full 72.22% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Albany in 2010 was $40,426, which is wealthy relative to California and the nation. This equates to an annual income of $161,704 for a family of four. However, Albany contains both very wealthy and poor people as well.
Albany is an extremely ethnically-diverse city. The people who call Albany home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Albany residents report their race to be White, followed by Asian. Albany also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.56% of the city’s residents. Important ancestries of people in Albany include German, Irish, English, European, Italian and French.
In addition, Albany has a lot of people living here who were born outside of the US (32.20%).
The languages spoken by people in Albany are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Albany is English. Other important languages spoken here include Chinese, Spanish, Korean and Indic languages.
|NUMBER OF HOMES AND APARTMENTS||7,292|
|ALBANY HOME OWNERSHIP|
|% OWNER OCCUPIED||46.00%|
|% RENTER OCCUPIED||54.00%|
|TYPE OF ALBANY HOMES|
|SINGLE FAMILY DETACHED||51.41%|
|ROWHOUSES AND ATTACHED HOMES||3.38%|
|SMALL APARTMENT BUILDINGS||10.26%|
|COMPLEXES OR HIGH RISE APARTMENTS||34.89%|
|SIZE OF ALBANY HOMES|
|5 OR MORE BEDROOMS||2.90%|
|AGE OF ALBANY HOMES|
|NEWER HOMES (2000 OR LATER)||16.90%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||18.66%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||24.55%|
|HISTORIC (1939 OR BEFORE)||39.89%|
|ALBANY REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$963,665|
|MEDIAN RENTAL PRICE||$2,189|
|HOME VALUE RANGE|
|$0 - $77,000||1.25%|
|$77,001 - $155,000||1.55%|
|$155,001 - $310,000||2.20%|
|$310,001 - $465,000||4.37%|
|$465,001 - $620,000||7.91%|
|$620,001 - $775,000||9.90%|
|$775,001 - $1,162,000||40.90%|
|$1,162,001 - $1,550,000||24.79%|
|PEOPLE OF ALBANY||DETAILS|
|UNDER 5 YEARS||8.07%|
|5 TO 17||18.62%|
|18 TO 24||6.34%|
|25 TO 34||16.39%|
|35 TO 54||29.44%|
|55 TO 64||11.46%|
|65 YEARS AND OVER||9.68%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||96.49%|
|MEDIAN HOUSEHOLD INCOME||$78,769|
|PER CAPITA INCOME||$40,426|
|INDIVIDUALS BELOW POVERTY LEVEL||10.67%|
|INDUSTRIES PEOPLE WORK IN||Education (20.57%)
Professional, scientific, and technical services (15.07%)
Public Service (4.53%)
Information Technology (4.05%)
|BLACK OR AFRICAN AMERICAN||5.38%|
|AMERICAN INDIAN AND ALASKA NATIVE||1.12%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.77%|
|SOME OTHER RACE ALONE||2.83%|
|TWO OR MORE RACES||8.04%|
|HISPANIC OR LATINO (OF ANY RACE)||11.56%|
|ETHNICITIES PRESENT||German (9.02%)
|LANGUAGES SPOKEN||English (60.65%)
Indic languages (2.06%)
Other Asian languages (1.57%)
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