Albany, IN Profile: Facts, Map & Data

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Albany, Indiana - Basic Facts

The Town of Albany had a population of 2,121 as of July 1, 2016. Albany ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Albany is located at latitude 40.306 and longitude -85.2322 in Delaware County. The formal boundaries for the Town of Albany (see map below) encompass a land area of 1.75 sq. miles and a water area of 0.01 sq. miles. Delaware County is in the Eastern time zone (GMT -5). The elevation is 938 feet.

While the primary coordinates for Town of Albany are located in Delaware County, it should be noted that the formal boundaries for this community also extend into and Randolph County.

The Town of Albany (GNIS ID: 2397422) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Albany is located within Township of Delaware, a minor civil division (MCD) of Delaware County.

Beneath the boundary map are tables with Albany population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

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Town of Albany, IN Boundary Map



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Boundary Maps: Township of Delaware | Delaware County | Indiana Counties

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Albany, IN Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 2,121
Population in Households 2,105
Population in Familes 1,734
Population in Group Qrtrs 16
Population Density1 1,210
Diversity Index2 7
 

HOUSEHOLDS

Total Households 911
Average Household Size 2.31
Family Households 617
Average Family Size 3

HOUSING

Total Housing Units 1,060 (100%)
Owner Occupied HU 660 (62.3%)
Renter Occupied HU 251 (23.7%)
Vacant Housing Units 149 (14.1%)
Median Home Value $86,381
Average Home Value $106,818
 

INCOME

Median Household Income $41,418
Average Household Income $56,069
Per Capita Income $23,727
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -0.33% -0.18%
Households -0.23% -0.18%
Families 0.39% -0.23%
Median Household Income   1.76%
Per Capita Income   1.75%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Albany, IN - Peer Comparisons by Rank and Percentile

The table below compares Albany to the other 680 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 217 68th
Population Density1 # 379 44th
Diversity Index2 # 554 20th
Median Household Income # 504 26th
Per Capita Income # 296 57th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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