Albany, LA Profile: Facts & Data

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Albany, Louisiana - Basic Facts

The Village of Albany had a population of 1,237 as of July 1, 2020. Albany ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Louisiana. See peer rankings below.

The primary coordinate point for Albany is located at latitude 30.5044 and longitude -90.5823 in Livingston Parish. The formal boundaries for the Village of Albany encompass a land area of 1.12 sq. miles and a water area of 0 sq. miles. Livingston Parish is in the Central time zone (GMT -6). The elevation is 39 feet.

The Village of Albany (GNIS ID: 2407407) 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 Village of Albany is located within Parish Governing Authority District 9, a minor civil division (MCD) of Livingston Parish.


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Albany, LA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 1,237 (100%)
Population in Households 1,202 (97.2%)
Population in Families 993 (80.3%)
Population in Group Quarters1 35 ( 2.8%)
Population Density 958
Diversity Index2 30
 
 

INCOME

Median Household Income $59,777
Average Household Income $95,220
% of Income for Mortgage4 10%
Per Capita Income $35,050
Wealth Index5 104
 

HOUSING

Total HU (Housing Units) 572 (100%)
Owner Occupied HU 380 (66.4%)
Renter Occupied HU 142 (24.8%)
Vacant Housing Units 50 ( 8.7%)
Median Home Value $142,434
Average Home Value $156,069
Housing Affordability Index3 279
 

HOUSEHOLDS

Total Households 522
Average Household Size 2.3
Family Households 358
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 1.21% 1.26%
Households 1.37% 1.34%
Families 2.5% 1.2%
Median Household Income   1.56%
Per Capita Income   1.59%
Owner Occupied HU   1.38%

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Albany, LA - Peer Comparisons by Rank and Percentile

The table below compares Albany to the other 474 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2020 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 # 257 46th
Population Density # 157 67th
Median Household Income # 70 85th
Housing Affordability Index # 392 83rd
Per Capita Income # 31 94th
Diversity Index # 374 21st

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

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