HomeMinnesotaStearns CountyAlbany
Albany, Minnesota: commercial real estate data.
Albany is a Census city of 2,821 people across 2.18 square miles of land, in Stearns County. Median household income is $69,167, 66.8 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $5.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Albany
What Albany is
- Census place typecity
- Land area2.18 sq mi
- Water area0.11 sq mi
- Population per square mile of land1,296
- County holding the largest share of its areaStearns County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
How many people live in Albany
- Population2,821
- Median age34.0 plus or minus 6.8
- Population under 18767
- Share under 1827.2 percent
- Population 65 and over519 plus or minus 119
- Share 65 and over18.4 percent plus or minus 4.2
- Households1,168
- Family households689
- Share of households that are families59.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
Income and work in Albany
- Median household income$69,167 plus or minus $14,363
- Per capita income$36,829
- Civilian labor force1,447
- Employed1,405
- Unemployed42 plus or minus 39
- Unemployment rate2.9 percent plus or minus 2.7
- Adults 25 and over1,782
- Adults 25 and over with a high school diploma or higher89.1 percent
- Adults 25 and over with a bachelor degree or higher20.5 percent plus or minus 4.3
- Adults 25 and over with a graduate degree5.9 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
Housing in Albany
- Housing units1,214
- Occupied units1,168
- Vacant units46 plus or minus 37
- Vacancy rate3.8 percent plus or minus 3.0
- Owner occupied780
- Renter occupied388 plus or minus 87
- Ownership rate66.8 percent
- Median owner-occupied home value$238,500
- Median gross rent, monthly$642
- Annual rent as a share of median income11.1 percent plus or minus 2.6
- Single family units808
- Share single family66.6 percent
- Units in buildings of two or more385 plus or minus 114
- Share in buildings of two or more31.7 percent plus or minus 9.1
- Mobile homes21 plus or minus 22
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
How Albany gets to work
- Workers 16 and over who commute1,294
- Commuting under 15 minutes427 plus or minus 103
- Share commuting under 15 minutes33.0 percent plus or minus 7.4
- Commuting 30 minutes or more451 plus or minus 101
- Share commuting 30 minutes or more34.9 percent plus or minus 7.2
- Drove alone85.2 percent
- Carpooled4.9 percent plus or minus 3.0
- Public transport0.0 percent
- Walked3.9 percent plus or minus 3.7
- Worked from home6.0 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Albany
SBA loans in Albany (7(a))
- Approvals12
- Gross approval$4,981,300
- Average approval$415,108
- Median approval$216,000
- Largest approval$1,910,000
- Jobs supported99
- Jobs per approval8.3
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS7
Counted by borrower city: approvals to borrowers whose address is in Albany, in any county, FY2020 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Albany
SBA loans in Albany (504)
- Approvals1
- Gross approval$403,000
- Average approval$403,000
- Median approval$403,000
- Largest approval$403,000
- Jobs supported4
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Albany, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Stearns County, not Albany
Stearns County context, not Albany figures
- Establishments in Stearns County4,474
- Covered employment, Stearns County87,252
- Average annual pay, Stearns County$62,313
- Housing units permitted, Stearns County572
Every figure in this section is published for Stearns County as a whole and is not a measurement of Albany.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Albany questions, answered from the record.
How many people live in Albany, Minnesota?
2,821, in 1,168 households. Albany city covers 2.18 square miles of land, which is 1,296 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Albany in?
Stearns County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Albany?
$69,167. The median owner-occupied home is valued at $238,500. Median gross rent is $642 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Albany businesses?
12 7(a) approvals totaling $5.0 m since FY2020, across 6 lenders, median approval $216,000, plus 1 504 approvals worth $403,000 since FY2010. These count approvals to borrowers whose address is in Albany, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Albany borrowers get paid back?
No rate is published for Albany. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Albany figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Stearns County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Albany.
Is zoning published for Albany?
No. Nothing on this page presents parcel level zoning.